Life As a Treasurer or Controller
Treasurer or Controller Job Description Direct financial activities, such as planning, procurement, and investments for all or part of an organization.
Treasurer or Controller Responsibilities
- Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
- Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
- Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
- Receive cash and checks and make deposits.
- Perform tax planning work.
- Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
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Treasurer or Controller Skills
Below is a list of the skills most Treasurers and Controllers say are important on the job.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Speaking: Talking to others to convey information effectively.
Management of Financial Resources: Determining how money will be spent to get the work done, and accounting for these expenditures.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Related Job Titles for this Occupation:
- Treasurer
- County Treasurer
- Investments Manager
- Financial Controller
- Corporate Controller
Job Opportunities for Treasurers and Controllers
In 2016, there was an estimated number of 580,400 jobs in the United States for Treasurer or Controller. New jobs are being produced at a rate of 18.7% which is above the national average. The Bureau of Labor Statistics predicts 108,600 new jobs for Treasurer or Controller by 2026. The BLS estimates 56,900 yearly job openings in this field.
The states with the most job growth for Treasurer or Controller are Utah, Nevada, and Arizona. Watch out if you plan on working in Alaska, Maryland, or District of Columbia. These states have the worst job growth for this type of profession.
What is the Average Salary of a Treasurer or Controller
The typical yearly salary for Treasurers and Controllers is somewhere between $67,620 and $208,000.
Treasurers and Controllers who work in New York, New Jersey, or Delaware, make the highest salaries.
Below is a list of the median annual salaries for Treasurers and Controllers in different U.S. states.
| State | Annual Mean Salary |
|---|---|
| Alabama | $128,690 |
| Alaska | $110,010 |
| Arizona | $117,620 |
| Arkansas | $106,530 |
| California | $157,480 |
| Colorado | $163,740 |
| Connecticut | $167,160 |
| Delaware | $167,110 |
| District of Columbia | $166,710 |
| Florida | $132,850 |
| Georgia | $145,920 |
| Hawaii | $118,740 |
| Idaho | $95,690 |
| Illinois | $144,680 |
| Indiana | $119,820 |
| Iowa | $114,620 |
| Kansas | $129,660 |
| Kentucky | $114,420 |
| Louisiana | $106,950 |
| Maine | $119,080 |
| Maryland | $152,180 |
| Massachusetts | $148,300 |
| Michigan | $128,270 |
| Minnesota | $133,970 |
| Mississippi | $101,840 |
| Missouri | $136,520 |
| Montana | $109,940 |
| Nebraska | $113,910 |
| Nevada | $123,890 |
| New Hampshire | $124,700 |
| New Jersey | $175,880 |
| New Mexico | $104,790 |
| New York | $210,510 |
| North Carolina | $149,710 |
| North Dakota | $123,890 |
| Ohio | $135,610 |
| Oklahoma | $111,700 |
| Oregon | $118,680 |
| Pennsylvania | $156,730 |
| Rhode Island | $145,120 |
| South Carolina | $125,710 |
| South Dakota | $132,030 |
| Tennessee | $111,460 |
| Texas | $149,990 |
| Utah | $110,750 |
| Vermont | $113,610 |
| Virginia | $164,030 |
| Washington | $136,480 |
| West Virginia | $102,670 |
| Wisconsin | $134,850 |
| Wyoming | $116,920 |
What Tools & Technology do Treasurers and Controllers Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Treasurers and Controllers:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Hypertext markup language HTML
- Microsoft PowerPoint
- Microsoft Outlook
- Microsoft Access
- Data entry software
- SAP
- Microsoft Project
- Structured query language SQL
- Microsoft Dynamics
- FileMaker Pro
- Intuit QuickBooks
- Oracle PeopleSoft
- Oracle JD Edwards EnterpriseOne
- IBM Cognos Impromptu
- Oracle Primavera Enterprise Project Portfolio Management
- SAP Business Objects
- Oracle E-Business Suite Financials
Becoming a Treasurer or Controller
Learn what Treasurer or Controller education requirements there are.
How Long Does it Take to Become a Treasurer or Controller?
Who Employs Treasurers and Controllers?
Treasurers and Controllers work in the following industries:
Other Jobs You May be Interested In
Career changers with experience as a Treasurer or Controller sometimes find work in one of the following fields:
References:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
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