Treasurers and Controllers
SOC: 11-3031.01

Description:

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

National Salary Information:

Hourly Statistics:

Annual Statistics:

Source: Bureau of Labor Statistics 2015 wage data.

Alternate Titles:

  • Business Manager
  • Chief Financial Officer (CFO)
  • Chief School Finance Officer
  • City Comptroller
  • City Controller
  • City Treasurer
  • Comptroller
  • Controller
  • Controller, Operations, and HR Manager
  • Corporate Controller
  • Cost Controller
  • County Treasurer
  • Director of Finance
  • Finance Director
  • Finance Manager
  • Finance Specialist
  • Finance Vice President
  • Financial Administrator
  • Financial Controller
  • Financial Director
  • Financial Engineer
  • Financial Institution Treasurer
  • Financial Institution Vice President
  • Financial Officer
  • Financier
  • Fiscal Manager
  • Fiscal Specialist
  • Investment Officer
  • Investments Manager
  • Payroll Analyst
  • Payroll Coordinator
  • Plant Controller
  • Production Controller
  • Reserve Officer
  • School Treasurer
  • State Comptroller
  • Treasurer
  • Trust Officer

    • Job Zone Five: Extensive Preparation Needed

    Experience:

    Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.

    Education:

    Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).

    Job Training:

    Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

    Required Skills:

  • Reading Comprehension
  • Active Listening
  • Writing
  • Speaking
  • Mathematics
  • Science
  • Critical Thinking
  • Active Learning
  • Learning Strategies
  • Monitoring
  • Social Perceptiveness
  • Coordination
  • Persuasion
  • Negotiation
  • Instructing
  • Service Orientation
  • Complex Problem Solving
  • Operations Analysis
  • Technology Design
  • Programming
  • Operation Monitoring
  • Quality Control Analysis
  • Judgment and Decision Making
  • Systems Analysis
  • Systems Evaluation
  • Time Management
  • Management of Financial Resources
  • Management of Material Resources
  • Management of Personnel Resources

    • Knowledge Used:

  • Administration and Management
  • Clerical
  • Economics and Accounting
  • Sales and Marketing
  • Customer and Personal Service
  • Personnel and Human Resources
  • Production and Processing
  • Computers and Electronics
  • Engineering and Technology
  • Design
  • Building and Construction
  • Mathematics
  • Psychology
  • Sociology and Anthropology
  • Geography
  • Medicine and Dentistry
  • Therapy and Counseling
  • Education and Training
  • English Language
  • Foreign Language
  • History and Archeology
  • Philosophy and Theology
  • Public Safety and Security
  • Law and Government
  • Telecommunications
  • Communications and Media
  • Transportation

    • Tasks:

  • Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns.
  • Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
  • Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
  • Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
  • Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
  • Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.
  • Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
  • Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
  • Develop and maintain relationships with banking, insurance, and nonorganizational accounting personnel to facilitate financial activities.
  • Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
  • Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
  • Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.
  • Advise management on short-term and long-term financial objectives, policies, and actions.
  • Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
  • Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
  • Lead staff training and development in budgeting and financial management areas.
  • Receive cash and checks and make deposits.
  • Compute, withhold, and account for all payroll deductions.
  • Perform tax planning work.
  • Determine depreciation rates to apply to capitalized items and advise management on actions regarding the purchase, lease, or disposal of such items.
  • Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
  • 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.

    • Tools & Technology:

  • 10-key calculators
  • Desktop computers
  • Notebook computers
  • Personal computers
  • Personal digital assistants PDA
  • Tablet computers
  • ADERANT Expert Back Office, Powered by Keystone
  • Automatic Data Processing EasyPay software
  • Automatic Data Processing PC payroll for windows PCPW
  • Corel QuattroPro
  • Deltek software
  • Exact Software Macola ES
  • FRx Software
  • Fund accounting software
  • Hyperion Enterprise
  • Hyperion Pillar software
  • Hyperion Solutions System 9 Planning
  • Hypertext markup language HTML
  • IBM Cognos Impromptu
  • IBM Lotus 1-2-3
  • Infor ERP SyteLine
  • Intuit QuickBooks
  • Job costing software
  • Microsoft Access
  • Microsoft Dynamics GP
  • Microsoft Dynamics software
  • Microsoft Excel
  • Microsoft Office SharePoint Server MOSS
  • Microsoft Office software
  • Microsoft Outlook
  • Microsoft PowerPoint
  • Microsoft Word
  • MYOB Premier Accounting Small Business Suite
  • Oracle E-Business Suite Financials
  • Oracle Hyperion software
  • Oracle JD Edwards EnterpriseOne
  • Oracle PeopleSoft Financials
  • Oracle PeopleSoft software
  • Oracle software
  • Sage 50 Accounting
  • Sage Fixed Asset Solution FAS
  • Sage MIP Fund Accounting
  • SAP Crystal Reports
  • SAP software
  • Solomon Software
  • Structured query language SQL

    • management

    industry stats

    SOC: 11-0000

    Total Employed: 6,936,990

    Average Annual Salary: $115,020