What Do Treasurer or Controller Do?
Position Description Direct financial activities, such as planning, procurement, and investments for all or part of an organization.
Treasurer or Controller Responsibilities
- 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.
- 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.
- Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
- Compute, withhold, and account for all payroll deductions.
- Lead staff training and development in budgeting and financial management areas.
Qualities of a Treasurer or Controller
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.
Related Job Titles
- County Treasurer
- Chief School Finance Officer
- Corporate Controller
- Investment Officer
- Financial Administrator
Treasurer or Controller Job Outlook
There were about 580,400 jobs for Treasurer or Controller in 2016 (in the United States). 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.
Salary for 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.
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
Below is a list of the types of tools and technologies that Treasurers and Controllers may use on a daily basis:
- 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 kind of Treasurer or Controller requirements are there?
What work experience do I need to become a Treasurer or Controller?
Treasurers and Controllers Sector
Below are examples of industries where Treasurers and Controllers work:
Other Jobs You May be Interested In
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.
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