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The differences between controllers and treasurers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a controller and a treasurer. Additionally, a controller has an average salary of $101,204, which is higher than the $80,467 average annual salary of a treasurer.
The top three skills for a controller include CPA, payroll processing and reconciliations. The most important skills for a treasurer are payroll, fraternity, and bank accounts.
| Controller | Treasurer | |
| Yearly salary | $101,204 | $80,467 |
| Hourly rate | $48.66 | $38.69 |
| Growth rate | 17% | 17% |
| Number of jobs | 75,440 | 18,358 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
The treasurer's general duty is to oversee the financial reports and monitor the expenses of the organization. A treasurer is required to demonstrate strong analytical and critical-thinking skills for financial decision-making. The treasurer is also required to keep documentation and deliver regular financial reports to the management. Treasurers are also responsible to study the current status of the organization to be able to provide suggestions on effectively managing expenses. They also need to be familiarized with the regulatory policies and ensure that the use of funds is compliant with the law.
Controllers and treasurers have different pay scales, as shown below.
| Controller | Treasurer | |
| Average salary | $101,204 | $80,467 |
| Salary range | Between $70,000 And $144,000 | Between $37,000 And $173,000 |
| Highest paying City | Portland, ME | Cambridge, MA |
| Highest paying state | New York | Maine |
| Best paying company | Perkins Coie | Partners Group LTD |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a controller and a treasurer in terms of educational background:
| Controller | Treasurer | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between controllers' and treasurers' demographics:
| Controller | Treasurer | |
| Average age | 46 | 46 |
| Gender ratio | Male, 58.9% Female, 41.1% | Male, 48.0% Female, 52.0% |
| Race ratio | Black 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, 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 | 11% | 11% |