1. University of Pennsylvania
Philadelphia, PA • Private
Finance controllership is quite a difficult role to define in several ways. In simple words, the role straddles the division between leadership, accounting, and finance strategy. Companies consider finance controllers' services as a source of extra expenditure. These professionals save a considerable amount of the company's money with the help of their knowledge. They do it efficiently because they know everything about the company.
Finance controllers mainly perform day-to-day accounting functions and finance activities of an organization. They participate in budgeting activities and risk assessment, maintain documentation, and craft strategies for increasing profit. Finance controllers also organize and prepare financial reports, analyze data and monitor the organization's overall expenditures and revenues.
If you are interested in this profession, you will be glad to know the high average salary you will get, which is $54.58 per hour. But to get this high-paying job, you need a master's or bachelor's degree in business or accounts. Insurance agencies, banks, and other financial management firms are the best working places for you.
There are certain skills that many finance controllers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and detail oriented.
If you're interested in becoming a finance controller, one of the first things to consider is how much education you need. We've determined that 69.9% of finance controllers have a bachelor's degree. In terms of higher education levels, we found that 19.9% of finance controllers have master's degrees. Even though most finance controllers have a college degree, it's impossible to become one with only a high school degree or GED.
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a finance controller can determine their career goals through the career progression. For example, they could start out with a role such as finance manager, progress to a title such as controller and then eventually end up with the title regional controller.
What Am I Worth?
The role of a finance controller includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general finance controller responsibilities:
There are several types of finance controller, including:
Mouse over a state to see the number of active finance controller jobs in each state. The darker areas on the map show where finance controllers earn the highest salaries across all 50 states.
|Rank||State||Number of Jobs||Average Salary|
Philadelphia, PA • Private
Evanston, IL • Private
Los Angeles, CA • Private
Vestal, NY • Private
Villanova, PA • Private
San Diego, CA • Private
Waltham, MA • Private
Boston, MA • Private
Stony Brook, NY • Private
New York, NY • Private
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 6.9% of finance controllers listed cpa on their resume, but soft skills such as analytical skills and communication skills are important as well.
Zippia allows you to choose from different easy-to-use Finance Controller templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Finance Controller resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
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Some places are better than others when it comes to starting a career as a finance controller. The best states for people in this position are New York, New Jersey, Connecticut, and Ohio. Finance controllers make the most in New York with an average salary of $117,325. Whereas in New Jersey and Connecticut, they would average $112,322 and $111,874, respectively. While finance controllers would only make an average of $111,498 in Ohio, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. New York
3. New Jersey
We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ finance controllers and discovered their number of finance controller opportunities and average salary. Through our research, we concluded that Microsoft was the best, especially with an average salary of $124,096. Dell follows up with an average salary of $115,736, and then comes Motorola Solutions with an average of $89,026. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a finance controller. The employers include UBS, Rolls-Royce, and Anytime Fitness