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.
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.
$134330 per year
$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 states||Hourly||Annual|
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).
Recommended degree level
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.
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.
|Judgment and Decision Making|
|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.
= Hot in-demand that most employers are looking for
Pros and Cons
Here are some reasons why you should and shouldn’t choose A Treasurer and Controller as your career.
|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|
|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
Is this job meaningful
More than 40 hours per week
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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They examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
They plan, direct, or coordinate compensation and benefits activities of an organization.
They examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
They analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
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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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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