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Accounting manager vs finance controller

The differences between accounting managers and finance controllers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an accounting manager and a finance controller. Additionally, a finance controller has an average salary of $105,869, which is higher than the $84,451 average annual salary of an accounting manager.

The top three skills for an accounting manager include reconciliations, CPA and GAAP. The most important skills for a finance controller are CPA, payroll, and financial controller.

Accounting manager vs finance controller overview

Accounting ManagerFinance Controller
Yearly salary$84,451$105,869
Hourly rate$40.60$50.90
Growth rate17%17%
Number of jobs92,08997,342
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does an accounting manager do?

An accounting manager is responsible for supervising and monitoring the overall accounting department operations. Duties of an accounting manager include reviewing account information and account statements, processing invoices, analyzing financial data, performing account reconciliations, assisting with tax processing and audit reports, and generating financial reports for presentation with the board. An accounting manager must have excellent knowledge of the accounting principles and legislation to assist the team with the company's financial goals. Accounting managers must have the outstanding analytical, critical thinking, and decision-making skills to develop the best competitive financial strategies.

What does a finance controller do?

A financial controller is primarily in charge of the daily finance activities and accounting functions of a company. Their responsibilities typically revolve around preparing and organizing financial reports, analyzing data and looking out for any discrepancies or inconsistencies, and overseeing the company's overall revenues and expenditures. A financial controller must also maintain documentation, participate in risk assessment and budgeting activities, and develop strategies for profit growth. Furthermore, one must coordinate with other department staff to ensure accuracy, all while implementing the company's policies and regulations.

Accounting manager vs finance controller salary

Accounting managers and finance controllers have different pay scales, as shown below.

Accounting ManagerFinance Controller
Average salary$84,451$105,869
Salary rangeBetween $60,000 And $117,000Between $71,000 And $156,000
Highest paying CitySan Francisco, CAYonkers, NY
Highest paying stateVermontNew York
Best paying companyMorgan LewisSage Memorial Hospital
Best paying industryFinanceTechnology

Differences between accounting manager and finance controller education

There are a few differences between an accounting manager and a finance controller in terms of educational background:

Accounting ManagerFinance Controller
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 70%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting manager vs finance controller demographics

Here are the differences between accounting managers' and finance controllers' demographics:

Accounting ManagerFinance Controller
Average age4646
Gender ratioMale, 40.4% Female, 59.6%Male, 61.5% Female, 38.5%
Race ratioBlack or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 10.0% White, 63.2% American Indian and Alaska Native, 0.3%Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between accounting manager and finance controller duties and responsibilities

Accounting manager example responsibilities.

  • Refine the 'pro forma invoice' system process to manage prepayments of client invoices enhancing efficiency and adding value.
  • Work independently on line of business projects to automate derivative processes and system enhancement testing.
  • Manage payroll and all taxation matters, coordinate independent audit; communicate with outside organizations and agencies.
  • Lead team that develop templates and procedure documentation of key controls within general accounting to comply with Sarbanes-Oxley.
  • Lead successful international enterprise wide ERP migration and experience in analysis, testing, documentation, design and implementation.
  • Conduct corporate treasury management planning and analysis, manages controls for inventory and cost accumulation for all products sell.
  • Show more

Finance controller example responsibilities.

  • Lead the implementation of a fully integrate ERP system resulting in increase financial integrity.
  • Supervise a staff of seven in the areas of A/P, A/R, G/L, financial reporting and payroll.
  • Coordinate annual financial audit with external CPA firm and implement internal controls to satisfy recommendations from auditors.
  • Develop and implement procedures with internal controls for all financial and operational processes to ensure GAAP compliance.
  • Prepare all accounts for the month-end closing process and additionally gather information for daily/monthly reconciliations and journal entries.
  • Work with outside CPA on year-end tax planning; ensure the timely filing and payment of corporate taxes.
  • Show more

Accounting manager vs finance controller skills

Common accounting manager skills
  • Reconciliations, 10%
  • CPA, 9%
  • GAAP, 7%
  • Customer Service, 5%
  • Payroll Processing, 4%
  • Internal Controls, 4%
Common finance controller skills
  • CPA, 7%
  • Payroll, 7%
  • Financial Controller, 7%
  • GAAP, 5%
  • General Ledger, 5%
  • Internal Controls, 5%

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