What is a Treasurer or Controller?
Career Description Direct financial activities, such as planning, procurement, and investments for all or part of an organization.
List of Treasurer or Controller Job Duties
- Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
- Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
- Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
- 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.
- Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
- Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities.
Qualities of a Treasurer or Controller
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
- Financial Engineer
- City Treasurer
- Financial Institution Treasurer
- Payroll Analyst
- County Treasurer
Is There Job Demand for Treasurers and Controllers?
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. Due to new job openings and attrition, there will be an average of 56,900 job openings in this field each 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 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
Becoming a Treasurer or Controller
Education needed to be a Treasurer or Controller:
How many years of work experience do I need?
Where do Treasurers and Controllers Work?
Below are examples of industries where Treasurers and Controllers work:
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.
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