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Treasurers and Controllers in Ohio

Treasurers and Controllers in Ohio

Considering working as a Treasurers and Controllers in Ohio? Below are the key facts. 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 Ohio?

For treasurers and controllers working in Ohio, the typical annual salary is $133,450 per year (or roughly $64.16/hour).

Wage Statistic Annual Hourly
10th percentile $75,930 $36.51
25th percentile $100,070 $48.11
Median (50th) $133,450 $64.16
75th percentile $177,200 $85.19
90th percentile n/a n/a
Salary ranges for Treasurers and Controllers in Ohio

The location quotient — a measure of how concentrated this occupation is in Ohio relative to the national average — is 0.95.

National Wage Comparison

Nationally, treasurers and controllers earn a median of $162,461 per year ($78.11/hour), lower than the Ohio median.

Treasurers and Controllers earnings in Ohio vs. the national average

Employment Outlook

Nationally, total employment in this occupation is 228,389 treasurers and controllers nationwide. In Ohio alone, approximately 27,920 people work in this role. That’s more than the typical state, which employs around 7,950 treasurers and controllers.

Treasurers and Controllers in Ohio vs. the average state Forecasted number of jobs for Treasurers and Controllers

Top Ohio Metros for Treasurers and Controllers

The metro areas below employ the most treasurers and controllers in Ohio.

Metro Area Number Employed Annual Median Salary
Cincinnati, OH-KY-IN 6,110 $140,750
Cleveland, OH 6,060 $137,440
Columbus, OH 5,840 $136,840
Akron, OH 1,610 $132,410
Dayton-Kettering-Beavercreek, OH 1,390 $130,640
Toledo, OH 1,140 $119,440
Canton-Massillon, OH 600 $120,570
Youngstown-Warren, OH 560 $101,540
Lima, OH 180 $107,000
Sandusky, OH 180 $106,290
Mansfield, OH 160 $106,330
Springfield, OH 160 $109,990

Top States for Treasurers and Controllers Employment

These states have the highest employment of 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

Where treasurers and controllers earn the most: 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

The most important treasurers and controllers skills, rated on an importance scale of 0 to 5:

Judgment and Decision Making  4.1 / 5
0
5
Critical Thinking  4.1 / 5
0
5
Complex Problem Solving  4.1 / 5
0
5
Reading Comprehension  4.1 / 5
0
5
Speaking  4.0 / 5
0
5
Management of Financial Resources  4.0 / 5
0
5

Knowledge Areas

Core knowledge areas for this occupation, rated on an importance scale of 0 to 5:

Economics and Accounting  4.6 / 5
0
5
English Language  4.2 / 5
0
5
Administration and Management  4.0 / 5
0
5
Mathematics  3.9 / 5
0
5
Personnel and Human Resources  3.1 / 5
0
5
Customer and Personal Service  2.8 / 5
0
5

Abilities

Key abilities for treasurers and controllers, rated on an importance scale of 0 to 5:

Inductive Reasoning  4.1 / 5
0
5
Written Comprehension  4.1 / 5
0
5
Oral Comprehension  4.0 / 5
0
5
Deductive Reasoning  4.0 / 5
0
5
Written Expression  4.0 / 5
0
5
Problem Sensitivity  4.0 / 5
0
5

Daily Tasks

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?

Several college majors map to this occupation:

  • Finance & Financial Management
  • Accounting
  • Business Administration & Management
  • Data Analytics
  • Accounting & Computer Science

Related occupations to treasurers and controllers include:

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

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