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The differences between assistant controllers 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 assistant controller and a finance controller. Additionally, a finance controller has an average salary of $105,869, which is higher than the $91,447 average annual salary of an assistant controller.
The top three skills for an assistant controller include reconciliations, CPA and GAAP. The most important skills for a finance controller are CPA, payroll, and financial controller.
| Assistant Controller | Finance Controller | |
| Yearly salary | $91,447 | $105,869 |
| Hourly rate | $43.96 | $50.90 |
| Growth rate | 17% | 17% |
| Number of jobs | 58,643 | 97,342 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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.
Assistant controllers and finance controllers have different pay scales, as shown below.
| Assistant Controller | Finance Controller | |
| Average salary | $91,447 | $105,869 |
| Salary range | Between $63,000 And $132,000 | Between $71,000 And $156,000 |
| Highest paying City | Stamford, CT | Yonkers, NY |
| Highest paying state | Connecticut | New York |
| Best paying company | Cloudflare | Sage Memorial Hospital |
| Best paying industry | Finance | Technology |
There are a few differences between an assistant controller and a finance controller in terms of educational background:
| Assistant Controller | Finance Controller | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 70% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between assistant controllers' and finance controllers' demographics:
| Assistant Controller | Finance Controller | |
| Average age | 46 | 46 |
| Gender ratio | Male, 49.8% Female, 50.2% | Male, 61.5% Female, 38.5% |
| Race ratio | Black 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |