All About Treasurers and Controllers
Occupation Description Direct financial activities, such as planning, procurement, and investments for all or part of an organization.
List of Treasurer or Controller Job Duties
- Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
- Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns.
- Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities.
- Compute, withhold, and account for all payroll deductions.
- Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
- Receive cash and checks and make deposits.
Treasurer or Controller Skills
Treasurers and Controllers state the following job skills are important in their day-to-day work.
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
- Financial Engineer
- City Treasurer
- Finance Manager
- Director of Finance
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. There will be an estimated 56,900 positions for Treasurer or Controller per year.
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.
Salary for a Treasurer or Controller
The average yearly salary of a Treasurer or Controller ranges between $67,620 and $208,000.
Treasurers and Controllers who work in New York, New Jersey, or Delaware, make the highest salaries.
How much do Treasurers and Controllers make in different U.S. states?
|State||Annual Mean Salary|
|District of Columbia||$166,710|
Tools & Technologies Used by Treasurers and Controllers
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
- 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
How to Become a Treasurer or Controller
Education needed to be a Treasurer or Controller:
What work experience do I need to become a Treasurer or Controller?
Who Employs Treasurers and Controllers?
Below are examples of industries where Treasurers and Controllers work:
Those who work as a Treasurer or Controller sometimes switch careers to one of these choices:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
|Request Info||Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs. Learn More >|