Treasurers and Controllers: Salary, Job Description, How To Be One and More

Stanley TanLeave a Comment



Treasurers and Controllers jobs information
pros and cons of being a Treasurer and Controller

Treasurers and Controllers

Other names for this job might include Business Manager, Chief Financial Officer (CFO), Chief School Finance Officer, City Comptroller, City Controller, City Treasurer, Comptroller, Controller, Controller, Operations, and HR Manager, Corporate Controller


  • $134330
    Salary
  • 75%
    Job satisfaction
  • Hard
    Becoming one
  • Medium
    Job growth
OwlGuru Rank

A



Treasurers and Controllers: Know It All In 1 Minute


In this career summary, you will find out what the job of A Treasurer and Controller is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Treasurers and Controllers direct financial activities, such as planning, procurement, and investments for all or part of an organization.

  • Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
  • Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
  • Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
  • Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.

Read more about what does A Treasurer and Controller really do at work and what is it like being and working as one.


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Salary

Average salary
$134330 per year

Hourly wage
$64.58 an hour


Treasurers and Controllers with little to no experience tend to make between $63020 and $84600 while the more experienced ones make over $163680 per year.

Top 5 paying statesHourlyAnnual
NY$86.93$180820
DE$76.8$159740
NJ$76.59$159310
CO$73.54$152970
DC$72.78$151390

1 of the easiest ways to increase your salary as A Treasurer and Controller is to move to a higher paying state like NY. Right now, the highest paying states for Treasurers and Controllers are NY, DE, NJ, CO and DC.

However a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be 2x higher than where you are currently at now.

3 other factors that can increase your salary as A Treasurer and Controller is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

Find out how much do successful Treasurers and Controllers make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
Master’s Degree

We asked other Treasurers and Controllers what degree they had when they got the job and most of them said they had a Master’s degree followed by Bachelors degree.

Other than that we also asked them what did they major in and here are the most popular majors that came up.

Accounting and Finance
Accounting and Business/Management
Finance, General
International Finance
Public Finance

Another popular question from our readers is what makes A Treasurer and Controller successful or would they be good in this career.

Well, we found that most successful Treasurers and Controllers have these 5 skillsets.

Critical Thinking
Judgment and Decision Making
Reading Comprehension
Speaking
Complex Problem Solving

In addition to that, 1 common characteristic among successful Treasurers and Controllers is they are good at Integrity. Here are the top 5 common characteristics.

Integrity
Analytical Thinking
Leadership
Initiative
Dependability
= Hot in-demand that most employers are looking for

Read more about what it really takes to become A Treasurer and Controller and the degree, training and education you need


Pros and Cons

Here are some reasons why you should and shouldn’t choose A Treasurer and Controller as your career.

PROS
Suitable for people who likes to follow routines
Suitable for people who wants job security and a good working condition
This career is perfect for people who love to work indoors.
One of the highest paid careers in the world
CONS
Not suitable for people who likes to work with designs
It is very hard to get into this career. Extensive skill, knowledge, and experience is required for this career.
Long working hours (More than 40 hours per week)


There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



What is the job like

Job satisfaction
75%

Is this job meaningful
62%


Working hours
More than 40 hours per week

Working schedule
Regular (Set schedule and routine)


On a normal working week Treasurers and Controllers work More than 40 hours per week.

75% of Treasurers and Controllers said they were satisfied with their job and 62% said they feel like their job is making other people’s lives better.



Is this right for me

Best personality for this career
The Organizers and The Persuaders


You can read more about these career personality types here.

People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas.

They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



How we can help

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Rank: B+
Salary: $73670

They examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
Rank: A
Salary: $118670

They plan, direct, or coordinate compensation and benefits activities of an organization.
Rank: B
Salary: $73940

They examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
Rank: B
Salary: $71230

They analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
Rank: B
Salary: $64380

They conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.






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Career type

Management
Business Financial Management and Accounting
Financial and Investment Planning

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Job Description
Salary
Requirements
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Related to Treasurers and Controllers Career Information

Treasurers and Controllers job description, Treasurers and Controllers salary, Treasurers and Controllers information, what is the job of a Treasurer and Controller like, pros and cons about Treasurers and Controllers, colleges and universities for Treasurers and Controllers, is Treasurers and Controllers the right career for me, Hard careers to get into, careers in Management

Additional resources

http://www.bls.gov/OOH/management/financial-managers.htm
http://www.fma.org/
http://www.afponline.org/
https://www.cfainstitute.org/

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Treasurers and Controllers
Written by: Stanley Tan
Treasurers and Controllers direct financial activities, such as planning, procurement, and investments for all or part of an organization.
4.8 / 5 stars

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