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Manager-finance systems vs finance controller

The differences between managers-finance systems 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 manager-finance systems and a finance controller. Additionally, a manager-finance systems has an average salary of $118,791, which is higher than the $105,869 average annual salary of a finance controller.

The top three skills for a manager-finance systems include financial systems, project management and hyperion. The most important skills for a finance controller are CPA, payroll, and financial controller.

Manager-finance systems vs finance controller overview

Manager-Finance SystemsFinance Controller
Yearly salary$118,791$105,869
Hourly rate$57.11$50.90
Growth rate16%17%
Number of jobs154,78797,342
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 70%
Average age4746
Years of experience88

What does a manager-finance systems do?

A financial systems manager is responsible for maintaining the security and stability of the organization's account systems and ensuring the accuracy of data for verification. Financial systems managers monitor the business financial transactions and supervise record-keeping methods across the organization. They also coordinate with the department heads for budget and resources and establish the proper allocation to support business operations. A financial systems manager must have excellent leadership and analytical skills, especially in handling financial disputes and resolving discrepancies to prevent potential loss and risks.

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.

Manager-finance systems vs finance controller salary

Managers-finance systems and finance controllers have different pay scales, as shown below.

Manager-Finance SystemsFinance Controller
Average salary$118,791$105,869
Salary rangeBetween $91,000 And $154,000Between $71,000 And $156,000
Highest paying CitySan Rafael, CAYonkers, NY
Highest paying stateCaliforniaNew York
Best paying companyMetaSage Memorial Hospital
Best paying industryRetailTechnology

Differences between manager-finance systems and finance controller education

There are a few differences between a manager-finance systems and a finance controller in terms of educational background:

Manager-Finance SystemsFinance Controller
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 70%
Most common majorAccountingAccounting
Most common collegeCarnegie Mellon UniversityUniversity of Pennsylvania

Manager-finance systems vs finance controller demographics

Here are the differences between managers-finance systems' and finance controllers' demographics:

Manager-Finance SystemsFinance Controller
Average age4746
Gender ratioMale, 67.8% Female, 32.2%Male, 61.5% Female, 38.5%
Race ratioBlack or African American, 6.7% Unknown, 5.2% Hispanic or Latino, 10.1% Asian, 12.6% White, 65.2% American Indian and Alaska Native, 0.2%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 Percentage11%11%

Differences between manager-finance systems and finance controller duties and responsibilities

Manager-finance systems example responsibilities.

  • Lead accounting team and create financial policies, procedures, and reporting requirements using GAAP standards.
  • Lead purchase of reporting database (Essbase), prototype, and development of financial reporting system.
  • Assist providers in managing risk, and delivering higher quality of health care services to NJ Medicaid recipients.
  • Manage the computerized payroll system and maintain weekly payroll journal.
  • Lead issue resolution and troubleshooting efforts regarding system functions and relate reporting from Hyperion.
  • Manage system user setup and security and facilitate periodic user access reviews for SOX compliance.
  • Show more

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.
  • Show more

Manager-finance systems vs finance controller skills

Common manager-finance systems skills
  • Financial Systems, 12%
  • Project Management, 8%
  • Hyperion, 6%
  • ERP, 4%
  • Financial Data, 4%
  • Client Facing, 4%
Common finance controller skills
  • CPA, 7%
  • Payroll, 7%
  • Financial Controller, 7%
  • GAAP, 5%
  • General Ledger, 5%
  • Internal Controls, 5%

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