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The differences between control accountants and business partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a control accountant, becoming a business partner takes usually requires 8-10 years. Additionally, a business partner has an average salary of $96,324, which is higher than the $66,563 average annual salary of a control accountant.
The top three skills for a control accountant include reconciliations, general ledger accounts and payroll taxes. The most important skills for a business partner are analytics, project management, and customer service.
| Control Accountant | Business Partner | |
| Yearly salary | $66,563 | $96,324 |
| Hourly rate | $32.00 | $46.31 |
| Growth rate | 6% | 10% |
| Number of jobs | 75,702 | 106,251 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 65% |
| Average age | 44 | 39 |
| Years of experience | 4 | 10 |
A Control Accountant is in charge of managing a company's accounting records and spearheads the development of financial reports. Although the extent of their responsibilities depends on their place or industry of employment, it typically includes coordinating with different teams to gather and analyze data, conduct audits and risk analyses, monitor budgets and expenditures, review documents and other transactions and develop strategies to optimize operations. A Control Accountant leads and encourages staff to reach goals while implementing the company's policies and regulations.
A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.
Control accountants and business partners have different pay scales, as shown below.
| Control Accountant | Business Partner | |
| Average salary | $66,563 | $96,324 |
| Salary range | Between $48,000 And $91,000 | Between $66,000 And $140,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | Marathon Oil | ZS |
| Best paying industry | Finance | Technology |
There are a few differences between a control accountant and a business partner in terms of educational background:
| Control Accountant | Business Partner | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 65% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between control accountants' and business partners' demographics:
| Control Accountant | Business Partner | |
| Average age | 44 | 39 |
| Gender ratio | Male, 49.2% Female, 50.8% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 10% |