Post job

Plant controller vs cost accounting manager

The differences between plant controllers and cost accounting managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a plant controller and a cost accounting manager. Additionally, a plant controller has an average salary of $99,550, which is higher than the $89,286 average annual salary of a cost accounting manager.

The top three skills for a plant controller include internal controls, GAAP and plant management. The most important skills for a cost accounting manager are variance analysis, financial analysis, and reconciliations.

Plant controller vs cost accounting manager overview

Plant ControllerCost Accounting Manager
Yearly salary$99,550$89,286
Hourly rate$47.86$42.93
Growth rate17%17%
Number of jobs47,55561,135
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 78%
Average age4646
Years of experience88

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.

What does a cost accounting manager do?

A cost accounting manager is responsible for analyzing and evaluating pricing and costing systems of the goods and services of an organization, ensuring its adherence to the internal guidelines and state regulations. Cost accounting managers review business and financial transactions to generate accounting reports for management reference. They also identify business opportunities that would provide revenue resources and profits by monitoring industry trends and public demands. A cost accounting manager must have excellent analytical skills and accounting principles knowledge, especially in resolving account and expense discrepancies.

Plant controller vs cost accounting manager salary

Plant controllers and cost accounting managers have different pay scales, as shown below.

Plant ControllerCost Accounting Manager
Average salary$99,550$89,286
Salary rangeBetween $72,000 And $136,000Between $67,000 And $118,000
Highest paying CityReno, NVBoston, MA
Highest paying stateNevadaConnecticut
Best paying companyArkemaMicrosoft
Best paying industryFinanceManufacturing

Differences between plant controller and cost accounting manager education

There are a few differences between a plant controller and a cost accounting manager in terms of educational background:

Plant ControllerCost Accounting Manager
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Plant controller vs cost accounting manager demographics

Here are the differences between plant controllers' and cost accounting managers' demographics:

Plant ControllerCost Accounting Manager
Average age4646
Gender ratioMale, 75.9% Female, 24.1%Male, 71.7% Female, 28.3%
Race ratioBlack 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%Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 9.2% White, 64.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between plant controller and cost accounting manager duties and responsibilities

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.
  • Show more

Cost accounting manager example responsibilities.

  • Manage the monthly analysis of variances which include PPV, MUV, substitution and labor.
  • Lead ERP system integration team and restructure manufacturing accounting system of newly acquire facility.
  • Manage payroll and all taxation matters, coordinate independent audit; communicate with outside organizations and agencies.
  • Direct the development, administration, and standards necessary to maintain financial controls in compliance with GAAP and SOX.
  • Provide financial management of inventories for multiple facilities to include book-to-physical account reconciliations, inventory projections and reduction plans.
  • Maintain standard cost integrity including annual standard changes, inventory valuation, monthly closings, account reconciliations and annual budgeting.
  • Show more

Plant controller vs cost accounting manager skills

Common plant controller skills
  • Internal Controls, 6%
  • GAAP, 5%
  • Plant Management, 5%
  • Continuous Improvement, 5%
  • Reconciliations, 4%
  • Financial Analysis, 4%
Common cost accounting manager skills
  • Variance Analysis, 5%
  • Financial Analysis, 5%
  • Reconciliations, 4%
  • Financial Reports, 4%
  • Product Cost, 4%
  • ERP, 4%

Browse executive management jobs