Treasurers and Controllers in Puerto Rico
Thinking about a career as a Treasurers and Controllers in Puerto Rico? Here’s what the data says. Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment. Excludes “Financial Risk Specialists” (13-2054).
What do Treasurers and Controllers Make in Puerto Rico?
For a treasurers and controllers working in Puerto Rico, the typical annual salary is $79,440 per year (or roughly $38.19/hour).Pay can range from $46,230 at the 10th percentile to $159,750 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $46,230 | $22.23 |
| 25th percentile | $61,090 | $29.37 |
| Median (50th) | $79,440 | $38.19 |
| 75th percentile | $117,330 | $56.41 |
| 90th percentile | $159,750 | $76.81 |
The job concentration index in Puerto Rico compared to the national average — is 0.77, suggesting fewer treasurers and controllers per worker than the national average.
National Wage Comparison
Nationally, treasurers and controllers earn a median of $162,461 per year ($78.11/hour), lower than the Puerto Rico median.
Employment Outlook
National employment for 228,389 treasurers and controllers in the U.S.. In Puerto Rico alone, about 3,830 people work in this role. That’s fewer than the typical state, which employs around 7,950 treasurers and controllers.
Top Puerto Rico Metros for Treasurers and Controllers
The metro areas below employ the most treasurers and controllers in Puerto Rico.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| San Juan-Bayamon-Caguas, PR | 3,200 | $81,990 |
| Ponce, PR | 170 | $70,000 |
| Aguadilla, PR | 130 | $72,450 |
| Mayaguez, PR | 130 | $64,990 |
| Arecibo, PR | 90 | $63,840 |
Top States for Treasurers and Controllers Employment
The table below shows the states where the most treasurers and controllers work.
| State | Number Employed |
|---|---|
| California | 96,860 |
| Texas | 67,580 |
| New York | 67,510 |
| Illinois | 53,400 |
| Florida | 47,710 |
| New Jersey | 32,370 |
| Pennsylvania | 31,750 |
| Ohio | 27,920 |
| Massachusetts | 27,690 |
| Georgia | 22,720 |
| North Carolina | 21,170 |
| Virginia | 20,590 |
| Connecticut | 20,200 |
| Maryland | 19,920 |
| Michigan | 19,690 |
| Tennessee | 18,650 |
| Minnesota | 16,520 |
| Arizona | 14,570 |
| Washington | 13,890 |
| Wisconsin | 13,750 |
Highest-Paying States for Treasurers and Controllers
These states pay the most for treasurers and controllers.
| State | Annual Median Salary |
|---|---|
| New York | $215,740 |
| New Jersey | $188,750 |
| District of Columbia | $181,210 |
| Massachusetts | $181,170 |
| Delaware | $180,050 |
| California | $174,920 |
| Colorado | $174,840 |
| Washington | $171,300 |
| Virginia | $170,290 |
| Connecticut | $169,730 |
Skills
Key treasurers and controllers skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
Key abilities for treasurers and controllers, rated on an importance scale of 0 to 5:
Daily Tasks
Day-to-day, treasurers and controllers typically:
- Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
- Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
- Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities.
- Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
- Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
- Develop internal control policies, guidelines, and procedures for activities, such as budget administration, cash and credit management, and accounting.
- Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
- Receive cash and checks and make deposits.
- Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
- Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
- Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.
- Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.
Work Activities
- Getting Information
- Making Decisions and Solving Problems
- Communicating with Supervisors, Peers, or Subordinates
- Analyzing Data or Information
- Working with Computers
- Communicating with People Outside the Organization
- Establishing and Maintaining Interpersonal Relationships
- Processing Information
- Developing Objectives and Strategies
- Organizing, Planning, and Prioritizing Work
- Updating and Using Relevant Knowledge
- Interpreting the Meaning of Information for Others
Tools & Technology
Software and systems commonly involved: Hot technologies: Hypertext markup language HTML, Intuit QuickBooks In-demand technologies: Accounting software
What Major Will Prepare You For This Career?
Programs that train for this career include:
- Finance & Financial Management
- Accounting
- Business Administration & Management
- Data Analytics
- Accounting & Computer Science
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Related Careers
Other careers like treasurers and controllers include:
- Financial Managers
- Investment Fund Managers
- Compensation and Benefits Managers
- Project Management Specialists
- Management Analysts
- Compensation, Benefits, and Job Analysis Specialists
Also Known As
City Comptroller, City Controller, City Treasurer, Comptroller, Controller, Corporate Controller, Corporate Treasurer, Cost Controller, County Treasurer, Financial Controller, Financial Engineer, Financial Institution Treasurer, Financial Officer, Financier, Plant Controller.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 11-3031.01
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