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Assistant controller vs accountant

The differences between assistant controllers and accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become an assistant controller, becoming an accountant takes usually requires 2-4 years. Additionally, an assistant controller has an average salary of $91,447, which is higher than the $54,890 average annual salary of an accountant.

The top three skills for an assistant controller include reconciliations, CPA and GAAP. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.

Assistant controller vs accountant overview

Assistant ControllerAccountant
Yearly salary$91,447$54,890
Hourly rate$43.96$26.39
Growth rate17%6%
Number of jobs58,64360,073
Job satisfaction-3
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 71%
Average age4644
Years of experience84

What does an assistant controller do?

An assistant controller is an individual who supports and reports to the corporate controller about all the organization's accounting-related activities such as managerial accounting and financial activities. Assistant controllers are instrumental in maintaining the accountability of the organization's financial resources and protecting the assets of its investors. They delegate data entry tasks with junior accounting staff and coordinate financial audits with the vice president and chief financial officer (CFO). The minimum educational attainment of an assistant controller is to obtain a bachelor's degree in finance or accounting related field.

What does an accountant do?

An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.

Assistant controller vs accountant salary

Assistant controllers and accountants have different pay scales, as shown below.

Assistant ControllerAccountant
Average salary$91,447$54,890
Salary rangeBetween $63,000 And $132,000Between $41,000 And $72,000
Highest paying CityStamford, CTWashington, DC
Highest paying stateConnecticutNew York
Best paying companyCloudflareMeta
Best paying industryFinanceTechnology

Differences between assistant controller and accountant education

There are a few differences between an assistant controller and an accountant in terms of educational background:

Assistant ControllerAccountant
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 71%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant controller vs accountant demographics

Here are the differences between assistant controllers' and accountants' demographics:

Assistant ControllerAccountant
Average age4644
Gender ratioMale, 49.8% Female, 50.2%Male, 38.2% Female, 61.8%
Race ratioBlack or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.1% White, 64.0% American Indian and Alaska Native, 0.3%Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5%
LGBT Percentage11%7%

Differences between assistant controller and accountant duties and responsibilities

Assistant controller example responsibilities.

  • Lead divisional capital management through ROI analysis on new products and other capital investments to maximize returns.
  • Facilitate the implementation of ERP system, which increase productivity in efficiently and effectively manage the functionality of the organization.
  • Initiate ongoing departmental projects to automate daily tasks which include the calculations for income distributions and the daily income account reconciliation.
  • Maintain timely and accurate general ledger account reconciliations, oversee treasury management, and handle fixed asset tracking and reporting.
  • Direct balance sheet and inter-company reconciliations according to GAAP and ensure compliance across accounting, payroll, and inventory management systems.
  • Oversee corporate financial internal controls including a complete re-write of all standard operating procedure documentation and supporting annual SOX audit work.
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Accountant example responsibilities.

  • Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
  • Manage personnel financial matters including salaries, taxation procedures and other relate issues.
  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Reconstruct and improve many balance sheet account reconciliations for easier reading and interpretation by senior level management.
  • Perform complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
  • Maintain general ledgers and preparation of monthly and other periodic financial reports in accordance with GAAP and international accounting standards.
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Assistant controller vs accountant skills

Common assistant controller skills
  • Reconciliations, 9%
  • CPA, 8%
  • GAAP, 7%
  • Internal Controls, 5%
  • Payroll Processing, 5%
  • External Auditors, 5%
Common accountant skills
  • Reconciliations, 14%
  • General Ledger Accounts, 6%
  • Account Reconciliations, 6%
  • GAAP, 5%
  • Payroll Tax Returns, 5%
  • Customer Service, 5%

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