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Division controller vs finance planning manager

The differences between division controllers and finance planning 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 finance planning manager. Additionally, a division controller has an average salary of $110,117, which is higher than the $109,162 average annual salary of a finance planning manager.

The top three skills for a division controller include GAAP, internal controls and CPA. The most important skills for a finance planning manager are financial analysis, financial planning analysis, and financial models.

Division controller vs finance planning manager overview

Division ControllerFinance Planning Manager
Yearly salary$110,117$109,162
Hourly rate$52.94$52.48
Growth rate17%17%
Number of jobs41,679120,588
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 73%
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 finance planning manager do?

A finance planning manager oversees the budget and finance development processes within a company. Their responsibilities revolve around analyzing financial records, participating in auditing processes, producing reports and forecasts, and coordinating with different company personnel to obtain accurate data. A finance planning manager must also utilize fiscal tools, devise new business strategies and opportunities, and keep abreast of all the company's upcoming projects. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.

Division controller vs finance planning manager salary

Division controllers and finance planning managers have different pay scales, as shown below.

Division ControllerFinance Planning Manager
Average salary$110,117$109,162
Salary rangeBetween $76,000 And $158,000Between $78,000 And $152,000
Highest paying CityConcord, CASan Francisco, CA
Highest paying stateIllinoisDelaware
Best paying companyKLAMetropolitan Water District of Southern California
Best paying industryConstructionManufacturing

Differences between division controller and finance planning manager education

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

Division ControllerFinance Planning Manager
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 73%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Division controller vs finance planning manager demographics

Here are the differences between division controllers' and finance planning managers' demographics:

Division ControllerFinance Planning Manager
Average age4646
Gender ratioMale, 77.8% Female, 22.2%Male, 69.8% Female, 30.2%
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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between division controller and finance planning 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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Finance planning manager example responsibilities.

  • Manage international income tax, insurance and treasury functions.
  • Conduct evaluations of budgeting and forecasting tools and integration with PeopleSoft ERP system achieving more efficiency in the budgeting process.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Develop and assess profitability of product lines through interpretation of financial statements and KPIs.
  • report requirements collection/analysis, reporting system design, writing SQL, building reports . )
  • Partner with other developers and analysts on best practices in Essbase and QlikView design and development.
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Division controller vs finance planning manager skills

Common division controller skills
  • GAAP, 6%
  • Internal Controls, 6%
  • CPA, 6%
  • Payroll, 5%
  • Financial Analysis, 4%
  • Oversight, 4%
Common finance planning manager skills
  • Financial Analysis, 10%
  • Financial Planning Analysis, 8%
  • Financial Models, 7%
  • Financial Performance, 6%
  • Hyperion, 6%
  • Financial Data, 5%

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