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Corporate controller hiring summary. Here are some key points about hiring corporate controllers in the United States:
Here's a step-by-step corporate controller hiring guide:
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.
Before you post your corporate controller job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a corporate controller for hire on a part-time basis or as a contractor.
Hiring the perfect corporate controller also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
Here's a comparison of corporate controller salaries for various roles:
| Type of Corporate Controller | Description | Hourly rate |
|---|---|---|
| Corporate Controller | Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. | $47-100 |
| Accounting Director | An Accounting Director supervises the general accounting and financial reporting functions, as well as financial services within a company or organization. They also ensure that all transactions and financial policies for their organization meet federal regulations and standards. | $42-92 |
| Finance Director | A finance director's role is to oversee all financial activities and aspects of a company or organization. One of their duties is to gather necessary financial data and cultivate reports on essential matters such as revenue and budget, provide risk assessments and estimates, implement vital policies, and allocate funds within the company... Show more | $36-87 |
Including a salary range in the corporate controller job description is a good way to get more applicants. A corporate controller salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a corporate controller in Mississippi may be lower than in California, and an entry-level engineer typically earns less than a senior-level corporate controller. Additionally, a corporate controller with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $167,773 | $81 |
| 2 | Massachusetts | $158,754 | $76 |
| 3 | Washington | $155,734 | $75 |
| 4 | Pennsylvania | $145,592 | $70 |
| 5 | Connecticut | $142,784 | $69 |
| 6 | Nevada | $136,187 | $65 |
| 7 | New York | $135,992 | $65 |
| 8 | New Jersey | $134,433 | $65 |
| 9 | Texas | $131,939 | $63 |
| 10 | Michigan | $130,714 | $63 |
| 11 | Georgia | $128,795 | $62 |
| 12 | Colorado | $128,628 | $62 |
| 13 | Illinois | $128,207 | $62 |
| 14 | Utah | $126,975 | $61 |
| 15 | District of Columbia | $123,938 | $60 |
| 16 | Ohio | $122,704 | $59 |
| 17 | Indiana | $121,312 | $58 |
| 18 | South Carolina | $120,792 | $58 |
| 19 | Minnesota | $119,235 | $57 |
| 20 | Florida | $116,305 | $56 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | SideCars | $175,125 | $84.19 | 2 |
| 2 | Tastemade | $160,863 | $77.34 | |
| 3 | Cranial Technologies | $156,426 | $75.20 | |
| 4 | Juno Inc. | $154,719 | $74.38 | 2 |
| 5 | J. Morrissey & Company | $154,211 | $74.14 | 2 |
| 6 | Juniper Networks | $153,618 | $73.85 | |
| 7 | BGC Partners | $152,514 | $73.32 | |
| 8 | Goodwin Recruiting | $151,692 | $72.93 | |
| 9 | PHP Agency | $151,626 | $72.90 | |
| 10 | Century Group | $151,396 | $72.79 | |
| 11 | Sanford Rose Associates International | $149,718 | $71.98 | |
| 12 | Creative Financial Staffing | $149,688 | $71.97 | |
| 13 | Lucas Group | $149,179 | $71.72 | |
| 14 | Randstad North America, Inc. | $149,012 | $71.64 | 21 |
| 15 | Enerpac Tool Group | $148,718 | $71.50 | |
| 16 | Management Recruiters International(MRI) | $148,709 | $71.49 | 3 |
| 17 | Jobot | $148,244 | $71.27 | |
| 18 | Kforce | $148,235 | $71.27 | 101 |
| 19 | CallMiner | $147,536 | $70.93 | |
| 20 | Kinney Drugs | $147,437 | $70.88 |
A corporate controller job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a corporate controller job description:
There are various strategies that you can use to find the right corporate controller for your business:
To successfully recruit corporate controllers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect corporate controller candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new corporate controller first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
There are different types of costs for hiring corporate controllers. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new corporate controller employee.
The median annual salary for corporate controllers is $144,304 in the US. However, the cost of corporate controller hiring can vary a lot depending on location. Additionally, hiring a corporate controller for contract work or on a per-project basis typically costs between $47 and $100 an hour.