Treasurer vs controller, vice president

The differences between treasurers and controllers, vice president can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a treasurer and a controller, vice president. Additionally, a controller, vice president has an average salary of $161,965, which is higher than the $80,467 average annual salary of a treasurer.

The top three skills for a treasurer include payroll, fraternity and bank accounts. The most important skills for a controller, vice president are risk management, oversight, and internal controls.

Treasurer vs controller, vice president overview

	Treasurer	Controller, Vice President
Yearly salary	$80,467	$161,965
Hourly rate	$38.69	$77.87
Growth rate	17%	17%
Number of jobs	18,358	67,401
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 77%
Average age	46	46
Years of experience	8	8

What does a treasurer do?

The treasurer's general duty is to oversee the financial reports and monitor the expenses of the organization. A treasurer is required to demonstrate strong analytical and critical-thinking skills for financial decision-making. The treasurer is also required to keep documentation and deliver regular financial reports to the management. Treasurers are also responsible to study the current status of the organization to be able to provide suggestions on effectively managing expenses. They also need to be familiarized with the regulatory policies and ensure that the use of funds is compliant with the law.

What does a controller, vice president do?

A Controller, Vice President is focused on controlling and directing financial planning and budget management. They supervise the daily operations of the finance department, such as financial reporting, accounts payable, and payroll.

Treasurer vs controller, vice president salary

Treasurers and controllers, vice president have different pay scales, as shown below.

	Treasurer	Controller, Vice President
Average salary	$80,467	$161,965
Salary range	Between $37,000 And $173,000	Between $110,000 And $237,000
Highest paying City	Cambridge, MA	San Francisco, CA
Highest paying state	Maine	Alaska
Best paying company	Partners Group LTD	World Surf League
Best paying industry	Manufacturing	Manufacturing

Differences between treasurer and controller, vice president education

There are a few differences between a treasurer and a controller, vice president in terms of educational background:

	Treasurer	Controller, Vice President
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 77%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Treasurer vs controller, vice president demographics

Here are the differences between treasurers' and controllers, vice president' demographics:

	Treasurer	Controller, Vice President
Average age	46	46
Gender ratio	Male, 48.0% Female, 52.0%	Male, 76.5% Female, 23.5%
Race ratio	Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%	Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.2% Asian, 8.9% White, 63.6% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between treasurer and controller, vice president duties and responsibilities

Treasurer example responsibilities.

Manage accounting department to include A/R and A/P staff.
Organize and manage several school functions/activities, assist school personnel, make PTA purchases, and balance the checkbook.
Trust with managing all financial accounts associate with the fraternity and prepare organized financial statements for all members and alumni.
Champion adoption of consent agenda procedure, streamlining meetings and improving overall effectiveness of alumni leadership.
Form PTO s 501 (c) 3 and prepare PTO s 990.
Calculate and submit the yearly HOA community tax forms.

Controller, vice president example responsibilities.

Manage a professional staff of 8 responsible for A/R, A/P, inventory control, billing, and collections.
Lead the implementation of global processes and documentation requirements aim at meeting Sarbanes-Oxley requirements one year early.
Manage regulatory and financial reporting functions, taxation, foreign exchange, treasury, and company administrative matters.
Lead implementation of new worldwide consolidation system, Hyperion, significantly reducing closing time and improving controls over the consolidation process.
Interface with all levels - liaison to banks, CPA, auditors, legal, and producers.
Ensure timely and accurate filings of corporate tax returns and completion of the annual audit by the corporate CPA firm.

Treasurer vs controller, vice president skills

Common treasurer skills

Payroll, 14%
Fraternity, 8%
Bank Accounts, 8%
Community Services, 5%
Financial Transactions, 5%
QuickBooks, 4%

Common controller, vice president skills

Risk Management, 10%
Oversight, 9%
Internal Controls, 6%
CPA, 4%
Internal Audit, 4%
External Auditors, 4%

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Treasurer vs Controller, Vice President

Updated January 8, 2025

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