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Control accountant vs business partner

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 vs business partner overview

Control AccountantBusiness Partner
Yearly salary$66,563$96,324
Hourly rate$32.00$46.31
Growth rate6%10%
Number of jobs75,702106,251
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 65%
Average age4439
Years of experience410

What does a control accountant do?

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.

What does a business partner do?

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 accountant vs business partner salary

Control accountants and business partners have different pay scales, as shown below.

Control AccountantBusiness Partner
Average salary$66,563$96,324
Salary rangeBetween $48,000 And $91,000Between $66,000 And $140,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkWashington
Best paying companyMarathon OilZS
Best paying industryFinanceTechnology

Differences between control accountant and business partner education

There are a few differences between a control accountant and a business partner in terms of educational background:

Control AccountantBusiness Partner
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 65%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Georgia

Control accountant vs business partner demographics

Here are the differences between control accountants' and business partners' demographics:

Control AccountantBusiness Partner
Average age4439
Gender ratioMale, 49.2% Female, 50.8%Male, 56.2% Female, 43.8%
Race ratioBlack 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 Percentage7%10%

Differences between control accountant and business partner duties and responsibilities

Control accountant example responsibilities.

  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Collect, analyze, interpret, and document information to support quarterly SOX reviews.
  • Ensure proper accounting in compliance with GAAP, regulatory reporting requirements and joint ownership contracts.
  • Identify variances between corporations, establish payable/receivable ledgers, and clear open variances in accordance with GAAP.
  • Control regional account analysis, provide explanations and backup to SOX reporting department.
  • Perform domestic and international roll forwards, quarterly schedules for goodwill, trademarks and acquisition activities utilizing Hyperion.
  • Show more

Business partner example responsibilities.

  • Manage publicity online, in medias such as Facebook and Instagram.
  • Negotiate and manage vendor relations using SLA's and metric management.
  • Lead the establishment of key ERP, database and java applications environments.
  • Implement and manage social media strategies and blog content as well as customer relationships on Salesforce.com.
  • Lead all operational, financial and customer relationship aspects of MMI's largest global OEM customer, IBM.
  • Plan, manage, supervise and lead the development, QA, UAT and deployment efforts towards on time delivery.
  • Show more

Control accountant vs business partner skills

Common control accountant skills
  • Reconciliations, 11%
  • General Ledger Accounts, 7%
  • Payroll Taxes, 6%
  • Account Reconciliations, 5%
  • Accruals, 5%
  • Internal Controls, 5%
Common business partner skills
  • Analytics, 8%
  • Project Management, 7%
  • Customer Service, 6%
  • Human Resources, 5%
  • Performance Management, 5%
  • Excellent Interpersonal, 4%

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