City treasurer vs division controller

The differences between city treasurers and division controllers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a city treasurer and a division controller. Additionally, a division controller has an average salary of $110,117, which is higher than the $81,559 average annual salary of a city treasurer.

The top three skills for a city treasurer include financial statements, payroll and cash management. The most important skills for a division controller are GAAP, internal controls, and CPA.

City treasurer vs division controller overview

	City Treasurer	Division Controller
Yearly salary	$81,559	$110,117
Hourly rate	$39.21	$52.94
Growth rate	17%	17%
Number of jobs	5,201	41,679
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 78%
Average age	46	46
Years of experience	8	8

City treasurer vs division controller salary

City treasurers and division controllers have different pay scales, as shown below.

	City Treasurer	Division Controller
Average salary	$81,559	$110,117
Salary range	Between $55,000 And $119,000	Between $76,000 And $158,000
Highest paying City	-	Concord, CA
Highest paying state	-	Illinois
Best paying company	-	KLA
Best paying industry	-	Construction

Differences between city treasurer and division controller education

There are a few differences between a city treasurer and a division controller in terms of educational background:

	City Treasurer	Division Controller
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 78%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

City treasurer vs division controller demographics

Here are the differences between city treasurers' and division controllers' demographics:

	City Treasurer	Division Controller
Average age	46	46
Gender ratio	Male, 37.7% Female, 62.3%	Male, 77.8% Female, 22.2%
Race ratio	Black or African American, 8.8% Unknown, 4.2% Hispanic or Latino, 12.2% Asian, 7.5% White, 67.0% American Indian and Alaska Native, 0.3%	Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.5% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between city treasurer and division controller duties and responsibilities

City treasurer example responsibilities.

Trust with managing all financial accounts associate with the fraternity and prepare organized financial statements for all members and alumni.
Process payroll and payroll liabilities including payroll taxes, workers comp, garnishments, etc.
Budget chapter money to disperse properly between fraternity needs, philanthropic events, home improvement projects and other miscellaneous expenses.
Enter information into ADP and verify accuracy of information.

Division controller example responsibilities.

Develop long-term financial/ operational strategy for high-tech company as well as managed accounting, finance, and treasury operations.
Provide and interpret monthly portfolio financial results ensuring proper GAAP treatment of accounting transactions.
Review monthly balance sheet reconciliations to general ledger, sub-ledgers and independent supporting documentation.
Identify over $400K in book gain previously unrecognize by outside CPA firm during annual audit.
Plan and develop proper procedures to have an accurate and smooth physical count acceptable to hire CPA firm.
Implement new ERP accounting systems, providing ability to fully job-cost by job/location/salesperson.

City treasurer vs division controller skills

Common city treasurer skills

Financial Statements, 21%
Payroll, 20%
Cash Management, 10%
Utility Billing, 9%
Treasury, 6%
Bank Accounts, 6%

Common division controller skills

GAAP, 6%
Internal Controls, 6%
CPA, 6%
Payroll, 5%
Financial Analysis, 4%
Oversight, 4%

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City Treasurer vs Division Controller

Updated January 8, 2025

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