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Assistant controller vs senior finance manager

The differences between assistant controllers and senior finance managers 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 senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, 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 senior finance manager are hyperion, financial performance, and financial analysis.

Assistant controller vs senior finance manager overview

Assistant ControllerSenior Finance Manager
Yearly salary$91,447$133,358
Hourly rate$43.96$64.11
Growth rate17%17%
Number of jobs58,643139,639
Job satisfaction--
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 68%
Average age4646
Years of experience88

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 a senior finance manager do?

A senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.

Assistant controller vs senior finance manager salary

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

Assistant ControllerSenior Finance Manager
Average salary$91,447$133,358
Salary rangeBetween $63,000 And $132,000Between $95,000 And $185,000
Highest paying CityStamford, CTSan Francisco, CA
Highest paying stateConnecticutCalifornia
Best paying companyCloudflareRoku
Best paying industryFinanceProfessional

Differences between assistant controller and senior finance manager education

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

Assistant ControllerSenior Finance Manager
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 68%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant controller vs senior finance manager demographics

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

Assistant ControllerSenior Finance Manager
Average age4646
Gender ratioMale, 49.8% Female, 50.2%Male, 70.3% Female, 29.7%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between assistant controller and senior finance manager 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

Senior finance manager example responsibilities.

  • Manage regional treasury functions including coordination with international HQ for daily cash balance requirements.
  • Manage staff of financial analysts who perform divisional and branch portfolio and profit/loss analysis.
  • Manage Oracle/Hyperion application upgrade used to support the close, consolidate and report process within Oracle/PeopleSoft ERP environment.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Manage eight team members' activities including daily transaction processing, monthly reconciliations and analysis, and financial statement preparation
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Show more

Assistant controller vs senior finance manager skills

Common assistant controller skills
  • Reconciliations, 9%
  • CPA, 8%
  • GAAP, 7%
  • Internal Controls, 5%
  • Payroll Processing, 5%
  • External Auditors, 5%
Common senior finance manager skills
  • Hyperion, 7%
  • Financial Performance, 5%
  • Financial Analysis, 5%
  • Business Development, 4%
  • SR, 4%
  • Financial Models, 4%

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