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Controller vs projects controller

The differences between controllers and projects controllers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a controller, becoming a projects controller takes usually requires 2-4 years. Additionally, a controller has an average salary of $101,204, which is higher than the $79,451 average annual salary of a projects controller.

The top three skills for a controller include CPA, payroll processing and reconciliations. The most important skills for a projects controller are project management, financial analysis, and project controller.

Controller vs projects controller overview

ControllerProjects Controller
Yearly salary$101,204$79,451
Hourly rate$48.66$38.20
Growth rate17%6%
Number of jobs75,44016,334
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 71%
Average age4644
Years of experience84

What does a controller do?

Controllers are employees in the accounting department who manage the finances of the organization. They are involved in the budget setting activity at the start of the company's fiscal year. Controllers are responsible for ensuring that all departments work within their respective budgets. They have the power to recommend budget cuts due to any unforeseen circumstances that may happen. They also have the ability to veto or forego budget items. Controllers should have accounting skills and auditing skills. They must also be trustworthy and should work with integrity.

What does a projects controller do?

A project controller is responsible for evaluating the effectiveness of project management procedures, ensuring that the team adheres to the clients' specifications and requirements, and keeping all project resources and deliverables within the budget goals and set timeframe. Project controllers determine the progress of the project and coordinate the updates to the client, adjusting the project approach as needed to achieve high-quality standards and objectives. They also maintain an organized report of expenditures, as well as generating process reports to identify potential process improvement techniques that will maximize operational efficiency.

Controller vs projects controller salary

Controllers and projects controllers have different pay scales, as shown below.

ControllerProjects Controller
Average salary$101,204$79,451
Salary rangeBetween $70,000 And $144,000Between $53,000 And $118,000
Highest paying CityPortland, MEWashington, DC
Highest paying stateNew YorkNew Jersey
Best paying companyPerkins CoieCalifornia Resources
Best paying industryTechnologyFinance

Differences between controller and projects controller education

There are a few differences between a controller and a projects controller in terms of educational background:

ControllerProjects Controller
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 71%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Controller vs projects controller demographics

Here are the differences between controllers' and projects controllers' demographics:

ControllerProjects Controller
Average age4644
Gender ratioMale, 58.9% Female, 41.1%Male, 55.9% Female, 44.1%
Race ratioBlack or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.4% White, 63.7% American Indian and Alaska Native, 0.3%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.9% White, 62.3% American Indian and Alaska Native, 0.5%
LGBT Percentage11%7%

Differences between controller and projects controller duties and responsibilities

Controller example responsibilities.

  • Manage NAV production, calculation of performance fees, IFRS accounts and subscription/redemption analysis.
  • Lead transition of company from sole proprietor to NYSE list company subsidiary, including implementing new financial reporting system.
  • Manage a team of junior staff accountants and maintaining quality control throughout the entire monthly billing, A/P & A/R processes.
  • Manage treasury, open several new accounts, establish new procedures and controls, monitor daily activity.
  • Produce monthly account reconciliations, post monthly journal entries and review, analyze, correct and issue monthly comparative financial statements.
  • Perform accounting research and special projects as required including cash flow analysis, cost projections, reconciliations and other financial analysis.
  • Show more

Projects controller example responsibilities.

  • Develop GAAP compliant reporting and manage software implementations.
  • Manage treasury, open several new accounts, establish new procedures and controls, monitor daily activity.
  • Prepare accruals and revenue recognition calculations.
  • Work with foremen and supervisors to ensure proper WBS elements are charged.
  • Set up and management of charge numbers according to an establish WBS and distribution of project authorizations to team members.
  • Process journal entries and accruals monthly to account for all orders, revenue, and cost in the appropriate period.
  • Show more

Controller vs projects controller skills

Common controller skills
  • CPA, 8%
  • Payroll Processing, 7%
  • Reconciliations, 6%
  • Cash Management, 5%
  • Internal Controls, 5%
  • GAAP, 5%
Common projects controller skills
  • Project Management, 11%
  • Financial Analysis, 7%
  • Project Controller, 5%
  • Earned Value Management, 3%
  • Project Cost, 3%
  • Work Breakdown Structure, 3%

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