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Working As a Projects 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

  • $85,000

    Average Salary

What Does A Projects 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 Projects 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 4.8 years
Group Controller 3.9 years
Finance Controller 3.8 years
Unit Controller 3.6 years
Cost Controller 3.0 years
Top Careers Before Projects Controller
Controller 8.6%
Accountant 6.9%
Internship 3.5%
Top Careers After Projects Controller
Controller 11.0%
Consultant 7.1%
Accountant 3.2%
Manager 2.9%

Do you work as a Projects Controller?

Average Yearly Salary
$85,000
Show Salaries
$60,000
Min 10%
$85,000
Median 50%
$85,000
Median 50%
$85,000
Median 50%
$85,000
Median 50%
$85,000
Median 50%
$85,000
Median 50%
$85,000
Median 50%
$120,000
Max 90%
Best Paying Company
Microsoft
Highest Paying City
New York, NY
Highest Paying State
New York
Avg Experience Level
2.8 years
How much does a Projects Controller make at top companies?
The national average salary for a Projects Controller in the United States is $85,462 per year or $41 per hour. Those in the bottom 10 percent make under $60,000 a year, and the top 10 percent make over $120,000.

Real Projects Controller Salaries

Job Title Company Location Start Date Salary
SR. Project Controller Integrated Project Services, Inc. Blue Bell, PA Jan 10, 2016 $160,000
Special Project Controls Occidental Oil and Gas Corporation Houston, TX Nov 14, 2014 $152,300
Project Controls 4 Jacobs Project Management Company Irvine, CA Jun 16, 2015 $150,218
Project Controls 4 Jacobs Engineering Group, Inc. Long Beach, CA Jun 06, 2016 $148,892
Project Controller American Liquid Packaging Systems, Inc. Sunnyvale, CA Dec 01, 2014 $148,034
Project Controls 6 Jacobs Project Management Company New York, NY Apr 18, 2015 $138,965 -
$166,369
Project Controls IV Jacobs Engineering Group Inc. Houston, TX Sep 30, 2016 $135,491 -
$154,500
SR. Project Controller Integrated Project Services, Inc. Blue Bell, PA Jan 10, 2016 $130,000
SR. Project Controller Integrated Project Services, Inc. Somerset, NJ Oct 01, 2013 $120,349
Project Controls V Jacobs Civil Consultants, Inc. New York, NY Mar 08, 2016 $114,650 -
$184,314
Project Controls V Jacobs Civil Consultants, Inc. New York, NY Aug 03, 2016 $114,650 -
$184,314
SR. Project Controller Integrated Project Services Lafayette, PA Jul 23, 2012 $108,000
Project Controller Rock Oilfield Group LP Katy, TX Oct 03, 2011 $105,664
Project Controls 3 Jacobs Engineering Group Inc. Houston, TX Aug 10, 2011 $90,949 -
$97,305
Project Controls 3 Jacobs Engineering Group Inc. Houston, TX Aug 08, 2011 $90,949 -
$97,305
Information Technology Project Controller Phillips 66 Company Bartlesville, OK Dec 22, 2014 $90,720 -
$112,800
Project Controller Aker Solution Americas, Inc. Houston, TX Sep 16, 2011 $90,000
Project Controller Clifton, Weiss & Associates, Inc. Valley, PA Sep 14, 2016 $90,000
Senior Project Controller Resolution Cooper Company Superior, AZ Sep 15, 2016 $90,000 -
$153,900
Senior Project Controller Deloitte Consulting LLP Philadelphia, PA Sep 11, 2013 $70,400
Project Controls 3 Jacobs Engineering Group Inc. Arlington, VA Oct 01, 2012 $70,100 -
$92,335
Project Controller Nexius Solutions Inc. Allen, TX Oct 01, 2012 $70,000
Project Controller Heller MacHine Tools L.P. Troy, MI Sep 23, 2013 $68,000
Project Controls II Jacobs Engineering Group Inc. Irvine, CA Jul 13, 2011 $66,165 -
$80,979
Project Controllers, Planning and Scehduling Aker Solutions Us Inc. Houston, TX Mar 23, 2011 $66,140
Senior Project Controller Deloitte Consulting LLP Houston, TX Jun 01, 2015 $64,002 -
$115,128
Project Controls 3 Jacobs PSG Inc. Kansas City, MO Apr 13, 2015 $63,627 -
$101,422

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Top Skills for A Projects Controller

  1. Financial Statements
  2. Project Management
  3. Project Controller
You can check out examples of real life uses of top skills on resumes here:
  • Prepared month and year-end consolidated financial statements including closings and eliminations and distributed to the UK for board presentation and discussion.
  • Facilitated new project management team during the start-up operation of a new branch and implemented an internal project management database system.
  • Prevented numerous costly and wasteful errors by gathering and conveying timely, actionable business information to project controller and finance managers.
  • Reviewed all incoming purchase orders for accuracy.
  • Provide ongoing support of project cost activities in support of capital project activity including providing regular status reports to management.

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Average Salary:

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Top 10 Best States for Projects Controllers

  1. New York
  2. Connecticut
  3. New Hampshire
  4. New Jersey
  5. Texas
  6. New Mexico
  7. Arkansas
  8. Maryland
  9. Kentucky
  10. Pennsylvania
  • (204 jobs)
  • (61 jobs)
  • (22 jobs)
  • (92 jobs)
  • (253 jobs)
  • (25 jobs)
  • (20 jobs)
  • (71 jobs)
  • (26 jobs)
  • (106 jobs)

Projects 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 2,315 Projects 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 Projects Controller Resume

View Resume Examples

Projects Controller Demographics

Gender

Male

48.3%

Female

39.5%

Unknown

12.2%
Ethnicity

White

54.8%

Hispanic or Latino

15.9%

Black or African American

12.5%

Asian

11.4%

Unknown

5.4%
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Foreign Languages Spoken

Spanish

40.2%

French

9.8%

German

9.8%

Italian

6.3%

Portuguese

5.4%

Russian

4.5%

Chinese

4.5%

Arabic

4.5%

Carrier

2.7%

Turkish

1.8%

Korean

1.8%

Japanese

1.8%

Swedish

0.9%

Hindi

0.9%

Vietnamese

0.9%

Dari

0.9%

Armenian

0.9%

Thai

0.9%

Filipino

0.9%

Cantonese

0.9%
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Projects Controller Education

Schools

University of Phoenix

16.0%

University of Houston

9.8%

Strayer University

9.1%

George Washington University

7.8%

George Mason University

7.2%

University of Maryland - University College

5.5%

Texas A&M University

4.6%

University of Maryland - College Park

3.9%

Georgia State University

3.6%

Purdue University

3.6%

Pennsylvania State University

3.3%

University of Florida

3.3%

San Jose State University

3.3%

University of Texas at Dallas

2.9%

University of Texas at Austin

2.9%

Southern New Hampshire University

2.9%

Northeastern University

2.9%

Florida State University

2.6%

University of Illinois at Chicago

2.6%

University of Tennessee - Knoxville

2.3%
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Majors

Business

32.8%

Accounting

21.1%

Finance

14.0%

Project Management

5.3%

Management

2.8%

Mechanical Engineering

2.8%

Electrical Engineering

2.7%

Economics

2.5%

Construction Management

2.4%

Industrial Engineering

1.8%

Civil Engineering

1.8%

Computer Science

1.5%

Marketing

1.4%

Political Science

1.2%

Computer Information Systems

1.2%

Engineering And Industrial Management

1.1%

English

0.9%

Computer Engineering

0.9%

Psychology

0.9%

General Studies

0.8%
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Degrees

Bachelors

48.4%

Masters

31.6%

Other

11.4%

Associate

3.9%

Certificate

2.9%

Doctorate

1.1%

Diploma

0.6%

License

0.1%
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Updated May 19, 2020