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The differences between treasurers and division controllers 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 division controller. Additionally, a division controller has an average salary of $110,117, 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 division controller are GAAP, internal controls, and CPA.
| Treasurer | Division Controller | |
| Yearly salary | $80,467 | $110,117 |
| Hourly rate | $38.69 | $52.94 |
| Growth rate | 17% | 17% |
| Number of jobs | 18,358 | 41,679 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
A division controller is typically in charge of overseeing a company division's financial activities and human resources operations. Their role is to set objectives and guidelines, perform audits and assessments, evaluate the workforce performance, handle budgets and timelines, and develop strategies to optimize processes. They must monitor the progress of activities and projects, producing regular reports and presentations to keep the executives informed. Furthermore, as a division controller, it is essential to lead staff and implement the company's policies and regulations.
Treasurers and division controllers have different pay scales, as shown below.
| Treasurer | Division Controller | |
| Average salary | $80,467 | $110,117 |
| Salary range | Between $37,000 And $173,000 | Between $76,000 And $158,000 |
| Highest paying City | Cambridge, MA | Concord, CA |
| Highest paying state | Maine | Illinois |
| Best paying company | Partners Group LTD | KLA |
| Best paying industry | Manufacturing | Construction |
There are a few differences between a treasurer and a division controller in terms of educational background:
| Treasurer | Division Controller | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 78% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between treasurers' and division controllers' demographics:
| Treasurer | Division Controller | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.0% Female, 52.0% | Male, 77.8% Female, 22.2% |
| 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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.5% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |