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Finance controller vs finance leader

The differences between finance controllers and finance leaders 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 finance leader. Additionally, a finance leader has an average salary of $117,284, 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 finance leader are financial analysis, financial management, and business development.

Finance controller vs finance leader overview

Finance ControllerFinance Leader
Yearly salary$105,869$117,284
Hourly rate$50.90$56.39
Growth rate17%17%
Number of jobs97,34293,582
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 69%
Average age4646
Years of experience88

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 finance leader do?

The duties of a finance leader depend on one's place or industry of employment. Typically, their responsibilities revolve around monitoring the sales and financial operations in a company, preparing financial reports and statements, finding new sales opportunities, identifying the market and client needs, and maintaining records of all financial transactions. There are also instances where a finance leader may set and allocate budgets, perform audits in costs and expenditures, all while implementing the company's policies and regulations.

Finance controller vs finance leader salary

Finance controllers and finance leaders have different pay scales, as shown below.

Finance ControllerFinance Leader
Average salary$105,869$117,284
Salary rangeBetween $71,000 And $156,000Between $78,000 And $174,000
Highest paying CityYonkers, NYSan Francisco, CA
Highest paying stateNew YorkOregon
Best paying companySage Memorial HospitalApple
Best paying industryTechnologyFinance

Differences between finance controller and finance leader education

There are a few differences between a finance controller and a finance leader in terms of educational background:

Finance ControllerFinance Leader
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 69%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance controller vs finance leader demographics

Here are the differences between finance controllers' and finance leaders' demographics:

Finance ControllerFinance Leader
Average age4646
Gender ratioMale, 61.5% Female, 38.5%Male, 60.0% Female, 40.0%
Race ratioBlack 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between finance controller and finance leader 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.
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Finance leader example responsibilities.

  • Manage and coordinate annual GAAP audit of corporation financial statements.
  • Manage impairment and trouble debt restructures identification & measurement process in compliance with regulatory and GAAP guidance.
  • Participate in Lawson ERP implementation and training resources for corporate and site finance group.
  • Create superior back office business processes in conjunction with JD Edwards ERP implementation team.
  • Recruit by the CFO to support the growth and development of the Americas business.
  • Review, interpret, and approve budgets for all trade promotion events in the Americas.
  • Show more

Finance controller vs finance leader skills

Common finance controller skills
  • CPA, 7%
  • Payroll, 7%
  • Financial Controller, 7%
  • GAAP, 5%
  • General Ledger, 5%
  • Internal Controls, 5%
Common finance leader skills
  • Financial Analysis, 8%
  • Financial Management, 5%
  • Business Development, 5%
  • Financial Performance, 4%
  • Strong Analytical, 4%
  • HR, 4%

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