Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between finance executives and finance 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 executive and a finance controller. Additionally, a finance executive has an average salary of $110,830, which is higher than the $105,869 average annual salary of a finance controller.
The top three skills for a finance executive include financial statements, financial services and portfolio. The most important skills for a finance controller are CPA, payroll, and financial controller.
| Finance Executive | Finance Controller | |
| Yearly salary | $110,830 | $105,869 |
| Hourly rate | $53.28 | $50.90 |
| Growth rate | 17% | 17% |
| Number of jobs | 137,400 | 97,342 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Finance executives oversee an organization's money and profit. They are responsible for overseeing the income and expenses of the business' money transactions. These executives evaluate financial reports such as cash-flow statements, tax planning, and budgeting. Sometimes, finance executives manage a staff of finance clerks, hire new staff, and develop schedules. They work full-time in an office, but they also often work beyond regular business hours. As for qualifications, finance executives must have at least a bachelor's degree and a considerable length of work experience in the business field.
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.
Finance executives and finance controllers have different pay scales, as shown below.
| Finance Executive | Finance Controller | |
| Average salary | $110,830 | $105,869 |
| Salary range | Between $68,000 And $178,000 | Between $71,000 And $156,000 |
| Highest paying City | West Babylon, NY | Yonkers, NY |
| Highest paying state | New York | New York |
| Best paying company | Apple | Sage Memorial Hospital |
| Best paying industry | Government | Technology |
There are a few differences between a finance executive and a finance controller in terms of educational background:
| Finance Executive | Finance Controller | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 70% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance executives' and finance controllers' demographics:
| Finance Executive | Finance Controller | |
| Average age | 46 | 46 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 61.5% Female, 38.5% |
| Race ratio | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 64.0% American Indian and Alaska Native, 0.3% | 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% |
| LGBT Percentage | 11% | 11% |