Working as a Controller/Business Manager

There is more than meets the eye when it comes to being a controller/business manager. For example, did you know that they make an average of $54.1 an hour? That's $112,524 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does a Controller/Business Manager Do

There are certain skills that many controller/business managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and communication skills.

When it comes to the most important skills required to be a controller/business manager, we found that a lot of resumes listed 9.5% of controller/business managers included oversight, while 9.2% of resumes included financial statements, and 8.9% of resumes included internal controls. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the controller/business manager job title. But what industry to start with? Most controller/business managers actually find jobs in the finance and professional industries.

How To Become a Controller/Business Manager

If you're interested in becoming a controller/business manager, one of the first things to consider is how much education you need. We've determined that 48.8% of controller/business managers have a bachelor's degree. In terms of higher education levels, we found that 36.8% of controller/business managers have master's degrees. Even though most controller/business managers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a controller/business manager. When we researched the most common majors for a controller/business manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on controller/business manager resumes include associate degree degrees or doctoral degree degrees.

You may find that experience in other jobs will help you become a controller/business manager. In fact, many controller/business manager jobs require experience in a role such as controller. Meanwhile, many controller/business managers also have previous career experience in roles such as accounting manager or finance analyst.

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Average Salary$112,524
Job Growth Rate16%

Controller/Business Manager Jobs

Controller/Business Manager Career Paths

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Average Salary for a Controller/Business Manager

Controller/Business Managers in America make an average salary of $112,524 per year or $54 per hour. The top 10 percent makes over $154,000 per year, while the bottom 10 percent under $81,000 per year.
Average Salary
$112,524

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Business Controller
Business Controller
Robert Half
Robert Half
05/19/2020
05/19/2020
$75,00005/19/2020
$75,000
Controller: Essential Business
Controller: Essential Business
Robert Half
Robert Half
03/26/2020
03/26/2020
$125,00003/26/2020
$125,000
Business Controller
Business Controller
International Flavors & Fragrances
International Flavors & Fragrances
03/25/2020
03/25/2020
$50,00003/25/2020
$50,000
Small Business Controller
Small Business Controller
Robert Half
Robert Half
03/04/2020
03/04/2020
$65,00003/04/2020
$65,000
Controller/Business Manager
Controller/Business Manager
Wells Fargo
Wells Fargo
01/30/2020
01/30/2020
$110,60001/30/2020
$110,600
See More Recent Salaries

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Controller/Business Manager Demographics

Gender

Male

55.2 %

Female

40.3 %

Unknown

4.5 %
Ethnicity

White

60.4 %

Hispanic or Latino

15.1 %

Black or African American

12.1 %
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Foreign Languages Spoken

Spanish

35.6 %

Portuguese

15.3 %

French

13.6 %
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Controller/Business Manager Education

Schools

Texas A&M University

7.1 %

Northern Illinois University

7.1 %

University of South Florida

5.7 %

University of Colorado at Boulder

5.7 %
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Majors

Accounting

34.6 %

Business

32.0 %

Finance

13.1 %

Management

5.3 %
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Degrees

Bachelors

48.8 %

Masters

36.8 %

Associate

5.4 %

Certificate

3.8 %
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Entry Level Jobs For Becoming A Controller/Business Manager

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Full Time
Part Time
Internship
Temporary

Top Skills For a Controller/Business Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 9.5% of controller/business managers listed oversight on their resume, but soft skills such as analytical skills and math skills are important as well.

Best States For a Controller/Business Manager

Some places are better than others when it comes to starting a career as a controller/business manager. The best states for people in this position are New York, New Jersey, Connecticut, and North Dakota. Controller/business managers make the most in New York with an average salary of $137,619. Whereas in New Jersey and Connecticut, they would average $133,774 and $124,396, respectively. While controller/business managers would only make an average of $124,009 in North Dakota, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Controller/Business Manager Jobs:
1,912
Highest 10% Earn:
$216,000
Location Quotient:
1.31
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New Jersey

Total Controller/Business Manager Jobs:
934
Highest 10% Earn:
$211,000
Location Quotient:
1.08
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Connecticut

Total Controller/Business Manager Jobs:
458
Highest 10% Earn:
$200,000
Location Quotient:
1.29
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Controller/Business Manager Employers

1. Bank of America
4.8
Avg. Salary: 
$56,114
Controller/Business Managers Hired: 
31+
2. Syngenta
4.7
Avg. Salary: 
$64,572
Controller/Business Managers Hired: 
11+
3. IBM
4.7
Avg. Salary: 
$84,673
Controller/Business Managers Hired: 
11+
4. Nokia
4.9
Avg. Salary: 
$107,214
Controller/Business Managers Hired: 
10+
5. HSBC North America Holdings
4.9
Avg. Salary: 
$77,514
Controller/Business Managers Hired: 
8+
6. Enterprise Rent-A-Car
4.4
Avg. Salary: 
$38,331
Controller/Business Managers Hired: 
8+

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Updated October 2, 2020