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The differences between control analysts and finance controllers 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 analyst, becoming a finance controller takes usually requires 6-8 years. Additionally, a finance controller has an average salary of $105,869, which is higher than the $69,598 average annual salary of a control analyst.
The top three skills for a control analyst include internal controls, risk assessments and SOX. The most important skills for a finance controller are CPA, payroll, and financial controller.
| Control Analyst | Finance Controller | |
| Yearly salary | $69,598 | $105,869 |
| Hourly rate | $33.46 | $50.90 |
| Growth rate | 11% | 17% |
| Number of jobs | 133,321 | 97,342 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 70% |
| Average age | 44 | 46 |
| Years of experience | 4 | 8 |
A control analyst is an individual who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel. They must prepare monthly general ledger account analysis and balance sheets reconciliations that are according to the generally accepted accounting principles (GAAP). Control analysts should also assist with the organization's ISO audit procedures and findings.
A financial controller is primarily in charge of the daily finance activities and accounting functions of a company. Their responsibilities typically revolve around preparing and organizing financial reports, analyzing data and looking out for any discrepancies or inconsistencies, and overseeing the company's overall revenues and expenditures. A financial controller must also maintain documentation, participate in risk assessment and budgeting activities, and develop strategies for profit growth. Furthermore, one must coordinate with other department staff to ensure accuracy, all while implementing the company's policies and regulations.
Control analysts and finance controllers have different pay scales, as shown below.
| Control Analyst | Finance Controller | |
| Average salary | $69,598 | $105,869 |
| Salary range | Between $50,000 And $95,000 | Between $71,000 And $156,000 |
| Highest paying City | Jersey City, NJ | Yonkers, NY |
| Highest paying state | Washington | New York |
| Best paying company | Meta | Sage Memorial Hospital |
| Best paying industry | Energy | Technology |
There are a few differences between a control analyst and a finance controller in terms of educational background:
| Control Analyst | Finance Controller | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 70% |
| Most common major | Business | Accounting |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between control analysts' and finance controllers' demographics:
| Control Analyst | Finance Controller | |
| Average age | 44 | 46 |
| Gender ratio | Male, 51.9% Female, 48.1% | Male, 61.5% Female, 38.5% |
| Race ratio | Black or African American, 8.3% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.7% White, 66.3% American Indian and Alaska Native, 0.2% | 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 | 12% | 11% |