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Corporate controller vs cost accounting manager

The differences between corporate controllers and cost accounting managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a corporate controller and a cost accounting manager. Additionally, a corporate controller has an average salary of $144,304, which is higher than the $89,286 average annual salary of a cost accounting manager.

The top three skills for a corporate controller include payroll, CPA and GAAP. The most important skills for a cost accounting manager are variance analysis, financial analysis, and reconciliations.

Corporate controller vs cost accounting manager overview

Corporate ControllerCost Accounting Manager
Yearly salary$144,304$89,286
Hourly rate$69.38$42.93
Growth rate17%17%
Number of jobs57,71561,135
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 78%
Average age4646
Years of experience88

What does a corporate controller do?

A corporate controller is an individual who is responsible for supervising the overall daily accounting operations of an organization. Integral to the financial health of the organization, corporate controllers are required to help the organization with strategic financial decisions through forecasting reports and financial statements. They oversee maintaining accounting records by keeping and storing them in an operable system. Corporate controllers are also required to manage the accounting operations of the organization's subsidiaries.

What does a cost accounting manager do?

A cost accounting manager is responsible for analyzing and evaluating pricing and costing systems of the goods and services of an organization, ensuring its adherence to the internal guidelines and state regulations. Cost accounting managers review business and financial transactions to generate accounting reports for management reference. They also identify business opportunities that would provide revenue resources and profits by monitoring industry trends and public demands. A cost accounting manager must have excellent analytical skills and accounting principles knowledge, especially in resolving account and expense discrepancies.

Corporate controller vs cost accounting manager salary

Corporate controllers and cost accounting managers have different pay scales, as shown below.

Corporate ControllerCost Accounting Manager
Average salary$144,304$89,286
Salary rangeBetween $99,000 And $209,000Between $67,000 And $118,000
Highest paying CitySan Francisco, CABoston, MA
Highest paying stateCaliforniaConnecticut
Best paying companySideCarsMicrosoft
Best paying industryManufacturingManufacturing

Differences between corporate controller and cost accounting manager education

There are a few differences between a corporate controller and a cost accounting manager in terms of educational background:

Corporate ControllerCost Accounting Manager
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Corporate controller vs cost accounting manager demographics

Here are the differences between corporate controllers' and cost accounting managers' demographics:

Corporate ControllerCost Accounting Manager
Average age4646
Gender ratioMale, 72.8% Female, 27.2%Male, 71.7% Female, 28.3%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 9.2% White, 64.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between corporate controller and cost accounting manager duties and responsibilities

Corporate controller example responsibilities.

  • Manage general accounting staff (A/P, A/R, & G/L), financial planning, reporting and analysis functions.
  • Direct and manage all aspects of the external audit, including implementation of Sarbanes-Oxley requirements.
  • Lead implementation of SyteLine ERP solution to replace outdate manufacturing software and streamline manufacturing and transaction processes.
  • Develop long-term financial/ operational strategy for high-tech company as well as managed accounting, finance, and treasury operations.
  • Facilitate maintenance of treasury and risk management activity serving as primary point of contact for all financially relate matters.
  • Implement procedures for standard journal entries, monthly reconciliations, account analysis and documentation to support the monthly reporting requirements.
  • Show more

Cost accounting manager example responsibilities.

  • Manage the monthly analysis of variances which include PPV, MUV, substitution and labor.
  • Lead ERP system integration team and restructure manufacturing accounting system of newly acquire facility.
  • Manage payroll and all taxation matters, coordinate independent audit; communicate with outside organizations and agencies.
  • Direct the development, administration, and standards necessary to maintain financial controls in compliance with GAAP and SOX.
  • Provide financial management of inventories for multiple facilities to include book-to-physical account reconciliations, inventory projections and reduction plans.
  • Maintain standard cost integrity including annual standard changes, inventory valuation, monthly closings, account reconciliations and annual budgeting.
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Corporate controller vs cost accounting manager skills

Common corporate controller skills
  • Payroll, 7%
  • CPA, 6%
  • GAAP, 6%
  • Internal Controls, 6%
  • External Auditors, 5%
  • General Ledger, 3%
Common cost accounting manager skills
  • Variance Analysis, 5%
  • Financial Analysis, 5%
  • Reconciliations, 4%
  • Financial Reports, 4%
  • Product Cost, 4%
  • ERP, 4%

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