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Working As A Plant Controller

  • Making Decisions and Solving Problems
  • Getting Information
  • Analyzing Data or Information
  • Processing Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Deal with People

  • Mostly Sitting

  • Make Decisions

  • $94,000

    Average Salary

What Does A Plant Controller Do

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.

Duties

Financial managers typically do the following:

  • Prepare financial statements, business activity reports, and forecasts
  • Monitor financial details to ensure that legal requirements are met
  • Supervise employees who do financial reporting and budgeting
  • Review company financial reports and seek ways to reduce costs
  • Analyze market trends to maximize profits and find expansion opportunities
  • Help management make financial decisions

The role of the financial manager, particularly in business, is changing in response to technological advances that have substantially reduced the amount of time it takes to produce financial reports. Financial managers’ main responsibility used to be monitoring a company’s finances, but they now do more data analysis and advise senior managers on ways to maximize profits. They often work on teams, acting as business advisors to top executives.

Financial managers also do tasks that are specific to their organization or industry. For example, government financial managers must be experts on government appropriations and budgeting processes, and healthcare financial managers must know about topics in healthcare finance. Moreover, financial managers must be knowledgeable about special tax laws and regulations that affect their industry.

The following are examples of types of financial managers:

Chief financial officers (CFOs) are accountable for the accuracy of a company’s or organization’s financial reporting, especially among publicly traded companies. As head of a company’s entire financial department, they manage the lower level financial managers. They oversee the company’s financial goals, objectives, and budgets.

Controllers direct the preparation of financial reports that summarize and forecast the organization’s financial position, such as income statements, balance sheets, and analyses of future earnings or expenses. Controllers also are in charge of preparing special reports required by governmental agencies that regulate businesses. Often, controllers oversee the accounting, audit, and budget departments of their organization.

Treasurers and finance officers direct their organization’s budgets to meet its financial goals. They oversee the investment of funds and carry out strategies to raise capital (such as issuing stocks or bonds) to support the firm’s expansion. They also develop financial plans for mergers (two companies joining together) and acquisitions (one company buying another).

Credit managers oversee their firm’s credit business. They set credit-rating criteria, determine credit ceilings, and monitor the collections of past-due accounts.

Cash managers monitor and control the flow of cash that comes in and goes out of the company to meet the company’s business and investment needs. For example, they must project cash flow (amounts coming in and going out) to determine whether the company will have a shortage or surplus of cash. 

Risk managers control financial risk by using strategies to limit or offset the probability of a financial loss or a company’s exposure to financial uncertainty. Among the risks they try to limit are those that stem from currency or commodity price changes.

Insurance managers decide how best to limit a company’s losses by obtaining insurance against risks, such as the need to make disability payments for an employee who gets hurt on the job or the costs imposed by a lawsuit against the company.

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How To Become A Plant Controller

Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.

Education

A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.

Licenses, Certifications, and Registrations

Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.

Work Experience in a Related Occupation

Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst. 

In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.

Important Qualities

Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.

Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.

Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.

Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.

Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.

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Average Length of Employment
Controller 5.3 years
Plant Controller 5.0 years
Group Controller 3.9 years
Finance Controller 3.8 years
Cost Accountant 3.7 years
Unit Controller 3.6 years
Top Careers Before Plant Controller
Controller 11.0%
Accountant 5.2%
Top Careers After Plant Controller
Controller 22.2%
Consultant 3.4%
Accountant 1.8%

Do you work as a Plant Controller?

Average Yearly Salary
$94,000
Show Salaries
$75,000
Min 10%
$94,000
Median 50%
$94,000
Median 50%
$94,000
Median 50%
$94,000
Median 50%
$94,000
Median 50%
$94,000
Median 50%
$94,000
Median 50%
$119,000
Max 90%
Best Paying Company
Jabil
Highest Paying City
Edison, NJ
Highest Paying State
New Jersey
Avg Experience Level
4.8 years
How much does a Plant Controller make at top companies?
The national average salary for a Plant Controller in the United States is $95,043 per year or $46 per hour. Those in the bottom 10 percent make under $75,000 a year, and the top 10 percent make over $119,000.

The largest raises come from changing jobs.

See what's out there.

Real Plant Controller Salaries

Job Title Company Location Start Date Salary
Plant Controller II Covidien LP Jan 18, 2016 $120,000
Plant Controller Reckitt Benckiser LLC Nov 14, 2011 $105,000
Plant Controller Avery Dennison Corporation Jan 26, 2011 $100,000
Plant Controller Avery Dennison Corporation Nov 14, 2010 $100,000
Plant Controller Avery Dennison Corporation Nov 01, 2010 $100,000
Assistant Plant Controller Corning Incorporated Jan 05, 2015 $97,398
Plant Controller Celanese Corporation Feb 20, 2012 $96,375
Plant Controller Celanese Corporation May 31, 2012 $96,375
Assistant Plant Controller Covidien LP Jul 01, 2013 $96,000
Plant Controller Thomas & Betts Corporation Sep 03, 2013 $91,869
Plant Controller Eaton Corporation Aug 02, 2010 $90,108
Manager Plant Controller Schaeffler Group USA, Inc. Jun 15, 2015 $90,000 -
$120,000
Plant Controller Thomas & Betts Corporation Nov 20, 2015 $87,422 -
$91,870
Plant Controller Kerry Inc. Dec 01, 2013 $87,400
Plant Controller Maxion Wheels (F/K/A Hayes Lemmerz International Nov 01, 2012 $87,000 -
$116,000
Plant Controller Reckitt Benckiser Inc. Nov 06, 2009 $85,000
Plant Controller Maxion Wheels Akron LLC Aug 13, 2015 $85,000 -
$95,000
Plant Controller Schneider Electric USA, Inc. Sep 09, 2015 $85,000 -
$105,000
Manager Plant Controller Schaeffler Group USA, Inc. Jun 15, 2012 $81,393 -
$89,741
Plant Controller Johnson Controls, Inc. Mar 01, 2014 $79,331 -
$110,000
Plant Controller Square D Company May 02, 2010 $78,360
Assistant Plant Controller Corning Incorporated Apr 16, 2012 $75,837
Assistant Plant Controller Corning Cable Systems LLC May 06, 2013 $75,636
Plant Controller Saint-Gobain Abrasives, Inc. Sep 27, 2010 $75,400 -
$114,600
Plant Controller-Glass Mat Saint-Gobain Adfors America, Inc. Apr 06, 2013 $75,377
Plant Operations Controller Smurfit Kappa North America LLC Dec 20, 2016 $75,000
Local Plant Controller Firmenich Jun 05, 2016 $71,885
Plant Controller, Projects & Services Schneider Electric USA, Inc. Mar 31, 2015 $70,400 -
$105,600

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Top Skills for A Plant Controller

  1. Financial Statements
  2. Asset Management
  3. General Ledger Accounts
You can check out examples of real life uses of top skills on resumes here:
  • Prepare timely and accurate monthly, quarterly and annual financial statements including a consolidated product line income statement for US operations.
  • Provided costing, analysis, and valuation supporting asset management activities across the organization.
  • Analyze general ledger accounts to determine appropriateness of balance and timeliness of reported transactions.
  • Implemented Partnership program with Operations group to monitor and evaluate productivity improvement programs to drive cost savings throughout the organization.
  • Managed all Division accounting functions including monthly close, operating budgets and semi-annual physical inventory testing.

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Top 10 Best States for Plant Controllers

  1. New York
  2. Connecticut
  3. New Jersey
  4. New Hampshire
  5. District of Columbia
  6. Arkansas
  7. Kentucky
  8. Georgia
  9. Massachusetts
  10. North Carolina
  • (590 jobs)
  • (165 jobs)
  • (267 jobs)
  • (50 jobs)
  • (75 jobs)
  • (60 jobs)
  • (74 jobs)
  • (378 jobs)
  • (387 jobs)
  • (322 jobs)

Plant Controller Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applier with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate. At Zippia, we went through over 3,980 Plant Controller resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Create A Top Notch Plant Controller Resume

View Resume Examples

Plant Controller Demographics

Gender

Male

71.5%

Female

23.4%

Unknown

5.1%
Ethnicity

White

65.9%

Hispanic or Latino

12.4%

Black or African American

11.9%

Asian

6.8%

Unknown

3.0%
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Foreign Languages Spoken

Spanish

47.8%

French

7.6%

Chinese

6.5%

Portuguese

5.4%

Mandarin

5.4%

Arabic

5.4%

German

4.3%

Russian

3.3%

Korean

2.2%

Swedish

1.1%

Bulgarian

1.1%

Norwegian

1.1%

Serbian

1.1%

Maltese

1.1%

Japanese

1.1%

Macedonian

1.1%

Carrier

1.1%

Urdu

1.1%

Cantonese

1.1%

Thai

1.1%
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Plant Controller Education

Schools

Pennsylvania State University

6.8%

DePaul University

6.8%

Northern Illinois University

6.8%

Davenport University

6.8%

Western Michigan University

6.0%

University of Akron

5.3%

University of Houston

5.3%

Ball State University

5.3%

University of South Florida

4.5%

Wayne State University

4.5%

University of Toledo

4.5%

Fairleigh Dickinson University

4.5%

Webster University

4.5%

Cleveland State University

4.5%

Northeastern University

4.5%

Indiana Wesleyan University

4.5%

Rider University

3.8%

Michigan State University

3.8%

Illinois State University

3.8%

Georgia State University

3.8%
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Majors

Accounting

45.2%

Business

33.0%

Finance

12.1%

Management

3.1%

Economics

0.6%

Computer Science

0.6%

International Business

0.5%

Accounting And Computer Science

0.5%

Human Resources Management

0.5%

Supply Chain Management

0.5%

Writing

0.4%

Management Science

0.4%

Political Science

0.4%

Management Information Systems

0.4%

Business Economics

0.4%

Marketing

0.4%

Operations Management

0.4%

Business/Commerce

0.4%

Taxation

0.3%

Industrial Technology

0.3%
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Degrees

Bachelors

52.6%

Masters

43.3%

Associate

1.7%

Certificate

1.4%

High School Diploma

0.4%

Doctorate

0.4%

Diploma

0.3%
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Top Plant Controller Employers

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Updated May 18, 2020