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Unit controller vs finance manager

The differences between unit controllers and finance 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 unit controller and a finance manager. Additionally, a unit controller has an average salary of $104,008, which is higher than the $101,374 average annual salary of a finance manager.

The top three skills for a unit controller include financial analysis, payroll and financial reports. The most important skills for a finance manager are financial analysis, CPA, and customer service.

Unit controller vs finance manager overview

Unit ControllerFinance Manager
Yearly salary$104,008$101,374
Hourly rate$50.00$48.74
Growth rate17%17%
Number of jobs55,537125,345
Job satisfaction-5
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 66%
Average age4646
Years of experience88

What does a unit controller do?

The duties of a unit controller depend on one's line of work or industry of employment. In a corporate setting, their responsibilities typically revolve around performing administrative tasks such as planning and producing business plans, coordinating with different departments or officials to gather data, overseeing sales and expenditures, preparing and processing documentation, managing the schedules and budgets, and devising strategies to identify new business opportunities. They may also present progress reports and sales forecasts to senior managers or executives. Furthermore, as a unit controller, it is essential to lead and encourage the workers to reach goals.

What does a finance manager do?

A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.

Unit controller vs finance manager salary

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

Unit ControllerFinance Manager
Average salary$104,008$101,374
Salary rangeBetween $70,000 And $153,000Between $71,000 And $144,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyWacker ChemieBarclays
Best paying industryTechnologyFinance

Differences between unit controller and finance manager education

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

Unit ControllerFinance Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 66%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Unit controller vs finance manager demographics

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

Unit ControllerFinance Manager
Average age4646
Gender ratioMale, 69.3% Female, 30.7%Male, 60.0% Female, 40.0%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 64.0% American Indian and Alaska Native, 0.3%Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between unit controller and finance manager duties and responsibilities

Unit controller example responsibilities.

  • Manage global consolidation of month end closing including review/analysis of financial statements ensuring adherence of GAAP guidelines.
  • Maintain and update the ERP system and average actual batch costing.
  • Provide training to finance and operation staff for the new ERP system.
  • Implement online expense report system and online account reconciliations along with lead the accounts payable outsourcing project.
  • Assess and close A/P & A/R ledger on a monthly basis, validate content and resolve various issues.
  • Prepare consolidated financial statements in accordance with GAAP.
  • Show more

Finance manager example responsibilities.

  • Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
  • Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
  • Lead successful sales team and provide direct oversight on overall dealership business profitability.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
  • Execute simple SQL queries to validate data in tables.
  • Show more

Unit controller vs finance manager skills

Common unit controller skills
  • Financial Analysis, 9%
  • Payroll, 8%
  • Financial Reports, 6%
  • Internal Controls, 5%
  • Close Process, 5%
  • Financial Data, 5%
Common finance manager skills
  • Financial Analysis, 7%
  • CPA, 7%
  • Customer Service, 6%
  • Hyperion, 4%
  • Financial Models, 4%
  • Strong Analytical, 4%

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