Controller Salary Overview
Controller salaries are influenced by factors such as years of experience, professional certifications (e.g., CPA, CMA), company size, industry, and geographical location.
National Average: $95,000 - $140,000 per year
Experience-Based Salary Ranges
Entry Level (0-2 years)
$70,000 - $90,000
Mid Level (3-5 years)
$90,000 - $110,000
Senior Level (6-9 years)
$110,000 - $130,000
Manager/Director (10+ years)
$130,000 - $180,000+
Entry Level (0-2 years)
- Assists in the preparation of financial reports
- Supports month-end and year-end close processes
- Learns industry-specific financial regulations
- Gains experience with accounting software
Mid Level (3-5 years)
- Prepares detailed financial reports and budgets
- Ensures compliance with financial regulations
- Manages accounting staff and operations
- Implements accounting policies and procedures
Senior Level (6-9 years)
- Leads financial planning and analysis
- Advises on investment activities
- Oversees audit processes and internal controls
- Develops financial strategies and risk management
Manager/Director (10+ years)
- Directs financial operations and reporting
- Partners with executive leadership on strategic initiatives
- Oversees mergers and acquisitions due diligence
- Drives financial performance improvements
Regional Salary Variations
Geographical location significantly affects Controller salaries, with higher compensation typically found in major financial centers and areas with a higher cost of living.
New York City
$110,000 - $160,000
San Francisco
$120,000 - $170,000
Chicago
$100,000 - $140,000
Los Angeles
$105,000 - $150,000
Dallas
$95,000 - $135,000
Atlanta
$90,000 - $130,000
Phoenix
$85,000 - $125,000
Remote (US-based)
$90,000 - $140,000
- Higher salaries in cities with high cost of living
- Remote work may offer competitive salaries
- Cost of living impacts take-home pay
- Urban areas often provide more opportunities
Industry Salary Comparison
Salaries for Controllers can vary significantly across different industries. Sectors such as finance, technology, and healthcare often offer higher compensation due to the complexity and regulatory demands involved.
| Industry | Salary Range | Bonus/Equity | Growth Potential |
|---|---|---|---|
| Finance | $110,000 - $160,000 | High | Very Good |
| Technology | $100,000 - $150,000 | Moderate | Good |
| Healthcare | $95,000 - $145,000 | Moderate | Stable |
| Manufacturing | $85,000 - $130,000 | Low | Limited |
| Retail | $80,000 - $125,000 | Low | Limited |
Job Outlook and Career Growth
The demand for Controllers is expected to grow as companies continue to seek efficient financial management and regulatory compliance. Technological advancements and automation in accounting processes also present new opportunities for Controllers.
- Increasing need for financial transparency
- Growing importance of data analytics in finance
- Emergence of new financial regulations
Salary Negotiation Tips
Effective negotiation can significantly impact your salary and benefits package. As a Controller, understanding your market value and preparing thoroughly can empower you during negotiations.
Preparation Strategies
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Research Industry Standards
Understand the typical salary range for Controllers in your industry and region.
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Evaluate Your Skills
Assess your skills and experiences that add value to the organization.
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Set Clear Goals
Determine your ideal and minimum acceptable salary before negotiations.
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Gather Supporting Documents
Prepare evidence of your achievements and contributions to present during negotiations.
During Negotiation
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Communicate Clearly
Articulate your value proposition confidently and clearly.
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Be Open to Compromise
Consider negotiating benefits or other perks if salary limits are reached.
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Listen Actively
Understand the employer's constraints and requirements during discussions.
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Highlight Unique Skills
Emphasize specialized skills or certifications that differentiate you from others.
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Ask for Feedback
Request constructive feedback if negotiations don't go as planned.