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Finance controller vs plant controller

The differences between finance controllers and plant controllers 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 plant controller. Additionally, a finance controller has an average salary of $105,869, which is higher than the $99,550 average annual salary of a plant controller.

The top three skills for a finance controller include CPA, payroll and financial controller. The most important skills for a plant controller are internal controls, GAAP, and plant management.

Finance controller vs plant controller overview

Finance ControllerPlant Controller
Yearly salary$105,869$99,550
Hourly rate$50.90$47.86
Growth rate17%17%
Number of jobs97,34247,555
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 77%
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 plant controller do?

A plant controller works at factories where they are primarily in charge of administrative duties and ensuring that operations adhere to budgets, schedules, and standards. As a plant controller, they are also responsible for gathering and analyzing financial data, analyzing cost reports, preparing financial statements, maintaining databases, performing audits and risk assessments, and overseeing the accounting team procedures. Additionally, they also supervise staff operations and address issues and concerns while implementing the company's policies and regulations.

Finance controller vs plant controller salary

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

Finance ControllerPlant Controller
Average salary$105,869$99,550
Salary rangeBetween $71,000 And $156,000Between $72,000 And $136,000
Highest paying CityYonkers, NYReno, NV
Highest paying stateNew YorkNevada
Best paying companySage Memorial HospitalArkema
Best paying industryTechnologyFinance

Differences between finance controller and plant controller education

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

Finance ControllerPlant Controller
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance controller vs plant controller demographics

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

Finance ControllerPlant Controller
Average age4646
Gender ratioMale, 61.5% Female, 38.5%Male, 75.9% Female, 24.1%
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, 8.7% Unknown, 4.2% Hispanic or Latino, 13.4% Asian, 7.9% White, 65.5% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between finance controller and plant controller 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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Plant controller example responsibilities.

  • Manage and correct balance sheet issues including property taxes, miscellaneous accruals, inventories, and capital work- in-progress accounts.
  • Implement Sarbanes-Oxley internal control policy and procedures which lead to successful annual internal and external audits.
  • Manage general accounting functions, including monthly financial statements and audit reports, and monthly account reconciliations.
  • Manage monthly closing process including, account reconciliations, account analysis, preparation of monthly financial statements and other management reports.
  • Participate in the implementation of an ERP system that accomplish key strategic initiatives including job costing and a perpetual inventory system.
  • SAP (at the plant level) and Hyperion (at the corporate level) are used in financial reporting.
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Finance controller vs plant controller skills

Common finance controller skills
  • CPA, 7%
  • Payroll, 7%
  • Financial Controller, 7%
  • GAAP, 5%
  • General Ledger, 5%
  • Internal Controls, 5%
Common plant controller skills
  • Internal Controls, 6%
  • GAAP, 5%
  • Plant Management, 5%
  • Continuous Improvement, 5%
  • Reconciliations, 4%
  • Financial Analysis, 4%

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