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Controller, vice president vs division controller

The differences between controllers, vice president and division controllers 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, vice president and a division controller. Additionally, a controller, vice president has an average salary of $161,965, which is higher than the $110,117 average annual salary of a division controller.

The top three skills for a controller, vice president include risk management, oversight and internal controls. The most important skills for a division controller are GAAP, internal controls, and CPA.

Controller, vice president vs division controller overview

Controller, Vice PresidentDivision Controller
Yearly salary$161,965$110,117
Hourly rate$77.87$52.94
Growth rate17%17%
Number of jobs67,40141,679
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 78%
Average age4646
Years of experience88

What does a controller, vice president do?

A Controller, Vice President is focused on controlling and directing financial planning and budget management. They supervise the daily operations of the finance department, such as financial reporting, accounts payable, and payroll.

What does a division controller do?

A division controller is typically in charge of overseeing a company division's financial activities and human resources operations. Their role is to set objectives and guidelines, perform audits and assessments, evaluate the workforce performance, handle budgets and timelines, and develop strategies to optimize processes. They must monitor the progress of activities and projects, producing regular reports and presentations to keep the executives informed. Furthermore, as a division controller, it is essential to lead staff and implement the company's policies and regulations.

Controller, vice president vs division controller salary

Controllers, vice president and division controllers have different pay scales, as shown below.

Controller, Vice PresidentDivision Controller
Average salary$161,965$110,117
Salary rangeBetween $110,000 And $237,000Between $76,000 And $158,000
Highest paying CitySan Francisco, CAConcord, CA
Highest paying stateAlaskaIllinois
Best paying companyWorld Surf LeagueKLA
Best paying industryManufacturingConstruction

Differences between controller, vice president and division controller education

There are a few differences between a controller, vice president and a division controller in terms of educational background:

Controller, Vice PresidentDivision Controller
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Controller, vice president vs division controller demographics

Here are the differences between controllers, vice president' and division controllers' demographics:

Controller, Vice PresidentDivision Controller
Average age4646
Gender ratioMale, 76.5% Female, 23.5%Male, 77.8% Female, 22.2%
Race ratioBlack or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.2% Asian, 8.9% White, 63.6% American Indian and Alaska Native, 0.3%Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.5% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between controller, vice president and division controller duties and responsibilities

Controller, vice president example responsibilities.

  • Manage a professional staff of 8 responsible for A/R, A/P, inventory control, billing, and collections.
  • Lead the implementation of global processes and documentation requirements aim at meeting Sarbanes-Oxley requirements one year early.
  • Manage regulatory and financial reporting functions, taxation, foreign exchange, treasury, and company administrative matters.
  • Lead implementation of new worldwide consolidation system, Hyperion, significantly reducing closing time and improving controls over the consolidation process.
  • Interface with all levels - liaison to banks, CPA, auditors, legal, and producers.
  • Ensure timely and accurate filings of corporate tax returns and completion of the annual audit by the corporate CPA firm.
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Division controller example responsibilities.

  • Develop long-term financial/ operational strategy for high-tech company as well as managed accounting, finance, and treasury operations.
  • Provide and interpret monthly portfolio financial results ensuring proper GAAP treatment of accounting transactions.
  • Review monthly balance sheet reconciliations to general ledger, sub-ledgers and independent supporting documentation.
  • Identify over $400K in book gain previously unrecognize by outside CPA firm during annual audit.
  • Plan and develop proper procedures to have an accurate and smooth physical count acceptable to hire CPA firm.
  • Implement new ERP accounting systems, providing ability to fully job-cost by job/location/salesperson.
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Controller, vice president vs division controller skills

Common controller, vice president skills
  • Risk Management, 10%
  • Oversight, 9%
  • Internal Controls, 6%
  • CPA, 4%
  • Internal Audit, 4%
  • External Auditors, 4%
Common division controller skills
  • GAAP, 6%
  • Internal Controls, 6%
  • CPA, 6%
  • Payroll, 5%
  • Financial Analysis, 4%
  • Oversight, 4%

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