Finance controller vs controller, vice president

The differences between finance controllers and controllers, vice president can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a finance controller and a controller, vice president. Additionally, a controller, vice president has an average salary of $161,965, which is higher than the $105,869 average annual salary of a finance controller.

The top three skills for a finance controller include CPA, payroll and financial controller. The most important skills for a controller, vice president are risk management, oversight, and internal controls.

Finance controller vs controller, vice president overview

	Finance Controller	Controller, Vice President
Yearly salary	$105,869	$161,965
Hourly rate	$50.90	$77.87
Growth rate	17%	17%
Number of jobs	97,342	67,401
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 77%
Average age	46	46
Years of experience	8	8

What does a finance controller do?

A financial controller is primarily in charge of the daily finance activities and accounting functions of a company. Their responsibilities typically revolve around preparing and organizing financial reports, analyzing data and looking out for any discrepancies or inconsistencies, and overseeing the company's overall revenues and expenditures. A financial controller must also maintain documentation, participate in risk assessment and budgeting activities, and develop strategies for profit growth. Furthermore, one must coordinate with other department staff to ensure accuracy, all while implementing the company's policies and regulations.

What does a controller, vice president do?

A Controller, Vice President is focused on controlling and directing financial planning and budget management. They supervise the daily operations of the finance department, such as financial reporting, accounts payable, and payroll.

Finance controller vs controller, vice president salary

Finance controllers and controllers, vice president have different pay scales, as shown below.

	Finance Controller	Controller, Vice President
Average salary	$105,869	$161,965
Salary range	Between $71,000 And $156,000	Between $110,000 And $237,000
Highest paying City	Yonkers, NY	San Francisco, CA
Highest paying state	New York	Alaska
Best paying company	Sage Memorial Hospital	World Surf League
Best paying industry	Technology	Manufacturing

Differences between finance controller and controller, vice president education

There are a few differences between a finance controller and a controller, vice president in terms of educational background:

	Finance Controller	Controller, Vice President
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 77%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Finance controller vs controller, vice president demographics

Here are the differences between finance controllers' and controllers, vice president' demographics:

	Finance Controller	Controller, Vice President
Average age	46	46
Gender ratio	Male, 61.5% Female, 38.5%	Male, 76.5% Female, 23.5%
Race ratio	Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%	Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.2% Asian, 8.9% White, 63.6% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between finance controller and controller, vice president duties and responsibilities

Finance controller example responsibilities.

Lead the implementation of a fully integrate ERP system resulting in increase financial integrity.
Supervise a staff of seven in the areas of A/P, A/R, G/L, financial reporting and payroll.
Coordinate annual financial audit with external CPA firm and implement internal controls to satisfy recommendations from auditors.
Develop and implement procedures with internal controls for all financial and operational processes to ensure GAAP compliance.
Prepare all accounts for the month-end closing process and additionally gather information for daily/monthly reconciliations and journal entries.
Work with outside CPA on year-end tax planning; ensure the timely filing and payment of corporate taxes.

Controller, vice president example responsibilities.

Manage a professional staff of 8 responsible for A/R, A/P, inventory control, billing, and collections.
Lead the implementation of global processes and documentation requirements aim at meeting Sarbanes-Oxley requirements one year early.
Manage regulatory and financial reporting functions, taxation, foreign exchange, treasury, and company administrative matters.
Lead implementation of new worldwide consolidation system, Hyperion, significantly reducing closing time and improving controls over the consolidation process.
Interface with all levels - liaison to banks, CPA, auditors, legal, and producers.
Ensure timely and accurate filings of corporate tax returns and completion of the annual audit by the corporate CPA firm.

Finance controller vs controller, vice president skills

Common finance controller skills

CPA, 7%
Payroll, 7%
Financial Controller, 7%
GAAP, 5%
General Ledger, 5%
Internal Controls, 5%

Common controller, vice president skills

Risk Management, 10%
Oversight, 9%
Internal Controls, 6%
CPA, 4%
Internal Audit, 4%
External Auditors, 4%

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Finance Controller vs Controller, Vice President

Updated January 8, 2025

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