Treasurers and Controllers in Rhode Island
Thinking about a career as a Treasurers and Controllers in Rhode Island? 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 Rhode Island?
For a treasurers and controllers working in Rhode Island, the median annual wage is $160,490 per year (or about $77.16/hour).
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $98,940 | $47.57 |
| 25th percentile | $124,520 | $59.87 |
| Median (50th) | $160,490 | $77.16 |
| 75th percentile | $209,960 | $100.94 |
| 90th percentile | n/a | n/a |
Location quotient — how concentrated this career is in Rhode Island relative to the national average — is 0.88, 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 Rhode Island median.
Employment Outlook
National employment for 228,389 treasurers and controllers in the U.S.. In Rhode Island alone, around 2,310 people work in this role. That’s below the typical state, which employs around 7,950 treasurers and controllers.
Top Rhode Island Metros for Treasurers and Controllers
These are the Rhode Island metros with the most treasurers and controllers in Rhode Island.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Providence-Warwick, RI-MA | 3,090 | $159,530 |
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
The highest-paying states 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
Common tools and software used in this occupation include: Hot technologies: Hypertext markup language HTML, Intuit QuickBooks In-demand technologies: Accounting software
What Major Will Prepare You For This Career?
Related college programs include:
- Finance & Financial Management
- Accounting
- Business Administration & Management
- Data Analytics
- Accounting & Computer Science
Featured schools near , edit
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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