City treasurer vs finance controller

The differences between city treasurers 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 a city treasurer and a finance controller. Additionally, a finance controller has an average salary of $105,869, 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 finance controller are CPA, payroll, and financial controller.

City treasurer vs finance controller overview

	City Treasurer	Finance Controller
Yearly salary	$81,559	$105,869
Hourly rate	$39.21	$50.90
Growth rate	17%	17%
Number of jobs	5,201	97,342
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 70%
Average age	46	46
Years of experience	8	8

City treasurer vs finance controller salary

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

	City Treasurer	Finance Controller
Average salary	$81,559	$105,869
Salary range	Between $55,000 And $119,000	Between $71,000 And $156,000
Highest paying City	-	Yonkers, NY
Highest paying state	-	New York
Best paying company	-	Sage Memorial Hospital
Best paying industry	-	Technology

Differences between city treasurer and finance controller education

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

	City Treasurer	Finance Controller
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 70%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

City treasurer vs finance controller demographics

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

	City Treasurer	Finance Controller
Average age	46	46
Gender ratio	Male, 37.7% Female, 62.3%	Male, 61.5% Female, 38.5%
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, 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%

Differences between city treasurer and finance 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.

Finance controller example responsibilities.

Lead the implementation of a fully integrate ERP system resulting in increase financial integrity.
Supervise a staff of seven in the areas of A/P, A/R, G/L, financial reporting and payroll.
Coordinate annual financial audit with external CPA firm and implement internal controls to satisfy recommendations from auditors.
Develop and implement procedures with internal controls for all financial and operational processes to ensure GAAP compliance.
Prepare all accounts for the month-end closing process and additionally gather information for daily/monthly reconciliations and journal entries.
Work with outside CPA on year-end tax planning; ensure the timely filing and payment of corporate taxes.

City treasurer vs finance controller skills

Common city treasurer skills

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

Common finance controller skills

CPA, 7%
Payroll, 7%
Financial Controller, 7%
GAAP, 5%
General Ledger, 5%
Internal Controls, 5%

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City Treasurer
City Treasurer vs Finance Controller

Updated January 8, 2025

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