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Assistant controller vs inventory control associate

The differences between assistant controllers and inventory control associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, an assistant controller has an average salary of $91,447, which is higher than the $37,541 average annual salary of an inventory control associate.

The top three skills for an assistant controller include reconciliations, CPA and GAAP. The most important skills for an inventory control associate are customer service, inventory control, and sales floor.

Assistant controller vs inventory control associate overview

Assistant ControllerInventory Control Associate
Yearly salary$91,447$37,541
Hourly rate$43.96$18.05
Growth rate17%1%
Number of jobs58,643157,859
Job satisfaction--
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 42%
Average age4638
Years of experience8-

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 inventory control associate do?

In warehouses, an inventory control associate plays a significant role in its daily operations. It is their responsibility to monitor the inventory of supplies, receive job orders and process shipments, monitor the arrival and departure of cargo, and maintain records of all transactions, updating databases as necessary. There are also instances where they must operate machinery and maintain the cleanliness of work areas. Furthermore, as an inventory control associate, it is essential to participate in developing strategies to optimize the facility's supply chain operations while adhering to the company's policies and regulations.

Assistant controller vs inventory control associate salary

Assistant controllers and inventory control associates have different pay scales, as shown below.

Assistant ControllerInventory Control Associate
Average salary$91,447$37,541
Salary rangeBetween $63,000 And $132,000Between $24,000 And $57,000
Highest paying CityStamford, CTNew York, NY
Highest paying stateConnecticutNew York
Best paying companyCloudflareApollo Global Management
Best paying industryFinanceTechnology

Differences between assistant controller and inventory control associate education

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

Assistant ControllerInventory Control Associate
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 42%
Most common majorAccountingBusiness
Most common collegeUniversity of Pennsylvania-

Assistant controller vs inventory control associate demographics

Here are the differences between assistant controllers' and inventory control associates' demographics:

Assistant ControllerInventory Control Associate
Average age4638
Gender ratioMale, 49.8% Female, 50.2%Male, 60.5% Female, 39.5%
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, 10.9% Unknown, 5.8% Hispanic or Latino, 18.7% Asian, 7.0% White, 56.5% American Indian and Alaska Native, 1.0%
LGBT Percentage11%6%

Differences between assistant controller and inventory control associate 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.
  • Show more

Inventory control associate example responsibilities.

  • Utilize RF system to manage warehouse shipments, reviewing shipments for shortages and overages within the dry goods warehouse.
  • Participate in material management meetings, offering information on processing of depot support manage items.
  • Issue RMA's using computer program and receive RMA goods.
  • Maintain logistics schedule with trucking companies, customers, and other vendors.
  • Locate products and materials using a RF scanner and transport to its designate aisle locations.
  • Handle all task in the warehouse with responsibilities in shipments, pickups, and operating systems; shipping and receiving logistics.
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Assistant controller vs inventory control associate skills

Common assistant controller skills
  • Reconciliations, 9%
  • CPA, 8%
  • GAAP, 7%
  • Internal Controls, 5%
  • Payroll Processing, 5%
  • External Auditors, 5%
Common inventory control associate skills
  • Customer Service, 21%
  • Inventory Control, 15%
  • Sales Floor, 10%
  • Cycle Counts, 7%
  • Pallets, 4%
  • Data Entry, 3%

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