What Does it Take to Be 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.
A Day in the Life of a Treasurer or Controller
- Lead staff training and development in budgeting and financial management areas.
- Perform tax planning work.
- Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.
- Handle all aspects of employee insurance, benefits, and casualty programs, including monitoring changes in health insurance regulations and creating budgets for benefits and worker’s compensation.
- Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
- Compute, withhold, and account for all payroll deductions.
Treasurer or Controller Skills
These are the skills Treasurers and Controllers say are the most useful in their careers:
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.
Types of Treasurer or Controller Jobs
- Chief Financial Officer (CFO)
- Finance Specialist
- Payroll Analyst
- Investment Officer
Treasurer or Controller Employment Estimates
In the United States, there were 580,400 jobs for Treasurer or Controller in 2016. 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.
What is the Average Salary of a Treasurer or Controller
Treasurers and Controllers make between $67,620 and $208,000 a year.
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|
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
- 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
What education or degrees do I need to become a Treasurer or Controller?
What work experience do I need to become a Treasurer or Controller?
Where Treasurers and Controllers Work
Below are examples of industries where Treasurers and Controllers work:
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:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
Featured Accounting / Finance Schools
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