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Revenue manager vs controller

The differences between revenue managers and controllers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a revenue manager, becoming a controller takes usually requires 6-8 years. Additionally, a controller has an average salary of $101,204, which is higher than the $86,270 average annual salary of a revenue manager.

The top three skills for a revenue manager include revenue cycle, reservations and customer service. The most important skills for a controller are CPA, payroll processing, and reconciliations.

Revenue manager vs controller overview

Revenue ManagerController
Yearly salary$86,270$101,204
Hourly rate$41.48$48.66
Growth rate10%17%
Number of jobs110,40575,440
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 75%
Average age3946
Years of experience108

What does a revenue manager do?

A revenue manager is responsible for conducting price analysis and revenue strategies to support business development and improve marketing techniques. Revenue managers research on the current market trends, evaluate statistical data of resources, maintain reasonable rates, and match the competitiveness of other hotel industries. They also work closely with the marketing and public relations team on releasing press releases, managing media appearance, and publishing content on the digital platform. A revenue manager must have excellent communication and organizational skills, tracking business and financial transactions, and coordinating with potential clients for partnerships.

What does a controller do?

Controllers are employees in the accounting department who manage the finances of the organization. They are involved in the budget setting activity at the start of the company's fiscal year. Controllers are responsible for ensuring that all departments work within their respective budgets. They have the power to recommend budget cuts due to any unforeseen circumstances that may happen. They also have the ability to veto or forego budget items. Controllers should have accounting skills and auditing skills. They must also be trustworthy and should work with integrity.

Revenue manager vs controller salary

Revenue managers and controllers have different pay scales, as shown below.

Revenue ManagerController
Average salary$86,270$101,204
Salary rangeBetween $59,000 And $124,000Between $70,000 And $144,000
Highest paying CityNovato, CAPortland, ME
Highest paying stateCaliforniaNew York
Best paying companyMetaPerkins Coie
Best paying industryTechnologyTechnology

Differences between revenue manager and controller education

There are a few differences between a revenue manager and a controller in terms of educational background:

Revenue ManagerController
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 75%
Most common majorBusinessAccounting
Most common collegeUniversity of GeorgiaUniversity of Pennsylvania

Revenue manager vs controller demographics

Here are the differences between revenue managers' and controllers' demographics:

Revenue ManagerController
Average age3946
Gender ratioMale, 41.6% Female, 58.4%Male, 58.9% Female, 41.1%
Race ratioBlack or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.4% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage10%11%

Differences between revenue manager and controller duties and responsibilities

Revenue manager example responsibilities.

  • Manage room availability and rates on a daily basis within the PMS, OTA and CRS to maximize room revenue.
  • Manage OTA channel partners and perform market analysis including monitoring trends, need periods, promotional opportunities and rate parities.
  • Manage and oversee performance of all OTA and contract rates ensuring the hotel is positioned correctly base on changing demand.
  • Maintain spreadsheets and ERP applications to analyze and manage collections for manufacturers regarding all aspects of receivables.
  • Evaluate group booking opportunities for pattern and placement and provide pricing recommendations to ensure maximum revenue potential is achieved.
  • Manage accounts receivable accountants performing monthly accounting closes, reconciliations, and revenue and billing subsystem adjustments and maintenance.
  • Show more

Controller example responsibilities.

  • Manage NAV production, calculation of performance fees, IFRS accounts and subscription/redemption analysis.
  • Lead transition of company from sole proprietor to NYSE list company subsidiary, including implementing new financial reporting system.
  • Manage a team of junior staff accountants and maintaining quality control throughout the entire monthly billing, A/P & A/R processes.
  • Manage treasury, open several new accounts, establish new procedures and controls, monitor daily activity.
  • Produce monthly account reconciliations, post monthly journal entries and review, analyze, correct and issue monthly comparative financial statements.
  • Perform accounting research and special projects as required including cash flow analysis, cost projections, reconciliations and other financial analysis.
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Revenue manager vs controller skills

Common revenue manager skills
  • Revenue Cycle, 11%
  • Reservations, 8%
  • Customer Service, 7%
  • Patients, 6%
  • Cycle Management, 6%
  • Revenue Management, 5%
Common controller skills
  • CPA, 8%
  • Payroll Processing, 7%
  • Reconciliations, 6%
  • Cash Management, 5%
  • Internal Controls, 5%
  • GAAP, 5%

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