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Division controller vs cost accounting manager

The differences between division 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 division controller and a cost accounting manager. Additionally, a division controller has an average salary of $110,117, which is higher than the $89,286 average annual salary of a cost accounting manager.

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

Division controller vs cost accounting manager overview

Division ControllerCost Accounting Manager
Yearly salary$110,117$89,286
Hourly rate$52.94$42.93
Growth rate17%17%
Number of jobs41,67961,135
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 78%
Average age4646
Years of experience88

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.

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.

Division controller vs cost accounting manager salary

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

Division ControllerCost Accounting Manager
Average salary$110,117$89,286
Salary rangeBetween $76,000 And $158,000Between $67,000 And $118,000
Highest paying CityConcord, CABoston, MA
Highest paying stateIllinoisConnecticut
Best paying companyKLAMicrosoft
Best paying industryConstructionManufacturing

Differences between division controller and cost accounting manager education

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

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

Division controller vs cost accounting manager demographics

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

Division ControllerCost Accounting Manager
Average age4646
Gender ratioMale, 77.8% Female, 22.2%Male, 71.7% Female, 28.3%
Race ratioBlack 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%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 division controller and cost accounting manager duties and responsibilities

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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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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Division controller vs cost accounting manager skills

Common division controller skills
  • GAAP, 6%
  • Internal Controls, 6%
  • CPA, 6%
  • Payroll, 5%
  • Financial Analysis, 4%
  • Oversight, 4%
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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