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Plant controller vs finance planning manager

The differences between plant controllers and finance planning 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 finance planning manager. Additionally, a finance planning manager has an average salary of $109,162, which is higher than the $99,550 average annual salary of a plant controller.

The top three skills for a plant controller include internal controls, GAAP and plant management. The most important skills for a finance planning manager are financial analysis, financial planning analysis, and financial models.

Plant controller vs finance planning manager overview

Plant ControllerFinance Planning Manager
Yearly salary$99,550$109,162
Hourly rate$47.86$52.48
Growth rate17%17%
Number of jobs47,555120,588
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 73%
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 finance planning manager do?

A finance planning manager oversees the budget and finance development processes within a company. Their responsibilities revolve around analyzing financial records, participating in auditing processes, producing reports and forecasts, and coordinating with different company personnel to obtain accurate data. A finance planning manager must also utilize fiscal tools, devise new business strategies and opportunities, and keep abreast of all the company's upcoming projects. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.

Plant controller vs finance planning manager salary

Plant controllers and finance planning managers have different pay scales, as shown below.

Plant ControllerFinance Planning Manager
Average salary$99,550$109,162
Salary rangeBetween $72,000 And $136,000Between $78,000 And $152,000
Highest paying CityReno, NVSan Francisco, CA
Highest paying stateNevadaDelaware
Best paying companyArkemaMetropolitan Water District of Southern California
Best paying industryFinanceManufacturing

Differences between plant controller and finance planning manager education

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

Plant ControllerFinance Planning Manager
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 73%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Plant controller vs finance planning manager demographics

Here are the differences between plant controllers' and finance planning managers' demographics:

Plant ControllerFinance Planning Manager
Average age4646
Gender ratioMale, 75.9% Female, 24.1%Male, 69.8% Female, 30.2%
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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between plant controller and finance planning 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.
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Finance planning manager example responsibilities.

  • Manage international income tax, insurance and treasury functions.
  • Conduct evaluations of budgeting and forecasting tools and integration with PeopleSoft ERP system achieving more efficiency in the budgeting process.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Develop and assess profitability of product lines through interpretation of financial statements and KPIs.
  • report requirements collection/analysis, reporting system design, writing SQL, building reports . )
  • Partner with other developers and analysts on best practices in Essbase and QlikView design and development.
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Plant controller vs finance planning manager skills

Common plant controller skills
  • Internal Controls, 6%
  • GAAP, 5%
  • Plant Management, 5%
  • Continuous Improvement, 5%
  • Reconciliations, 4%
  • Financial Analysis, 4%
Common finance planning manager skills
  • Financial Analysis, 10%
  • Financial Planning Analysis, 8%
  • Financial Models, 7%
  • Financial Performance, 6%
  • Hyperion, 6%
  • Financial Data, 5%

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