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The differences between finance management specialists and regional 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 management specialist and a regional controller. Additionally, a regional controller has an average salary of $102,904, which is higher than the $70,219 average annual salary of a finance management specialist.
The top three skills for a finance management specialist include financial resources, financial reports and financial data. The most important skills for a regional controller are internal controls, CPA, and payroll.
| Finance Management Specialist | Regional Controller | |
| Yearly salary | $70,219 | $102,904 |
| Hourly rate | $33.76 | $49.47 |
| Growth rate | 17% | 17% |
| Number of jobs | 143,820 | 57,984 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 80% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A finance management specialist is in charge of overseeing and managing a company's financial activities, ensuring accuracy and smooth workflow. They typically coordinate with different departments to gather accurate data, manage budgets and schedules, prepare cost and budget reports, and assess existing procedures to identify areas needing improvement. They must also maintain extensive records, produce sales forecasts, and participate in creating financial goals and objectives. Furthermore, as a finance management specialist, it is essential to develop strategies to optimize financial operations, all while implementing the company's policies and regulations.
It is the responsibility of a regional controller to manage the financial reports and finances of the company in a specific geographic location. The regional controllers prepare and coordinate financial reports to ensure compliance with corporate policy and government regulations. They oversee the accounting activities of the corporation. It is their job to coordinate and prepare both external and internal financial statements. They also need to develop skills and knowledge in internal controls, financial management, accounting, payroll, and financial performance.
Finance management specialists and regional controllers have different pay scales, as shown below.
| Finance Management Specialist | Regional Controller | |
| Average salary | $70,219 | $102,904 |
| Salary range | Between $48,000 And $101,000 | Between $68,000 And $153,000 |
| Highest paying City | Washington, DC | Santa Rosa, CA |
| Highest paying state | New York | California |
| Best paying company | PayPal | Sharp |
| Best paying industry | Government | Manufacturing |
There are a few differences between a finance management specialist and a regional controller in terms of educational background:
| Finance Management Specialist | Regional Controller | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 80% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance management specialists' and regional controllers' demographics:
| Finance Management Specialist | Regional Controller | |
| Average age | 46 | 46 |
| Gender ratio | Male, 52.1% Female, 47.9% | Male, 73.4% Female, 26.6% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.1% White, 63.6% American Indian and Alaska Native, 0.3% | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.5% White, 64.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |