Assistant Controller Salary

Assistant Controllers who are practiced in their profession and carry more than 10 years of experience make up nearly one-half of Assistant Controllers. Pay fluctuates from $44K to $105K per year, but expected earnings average $68K annually. Total cash earnings of Assistant Controllers range from $44K on the low end to $105K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $15K and $10K, respectively. Geography is the biggest factor affecting pay for this group, followed by career length. Job satisfaction is high and work is enjoyable for most Assistant Controllers. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. Women account for the majority of Assistant Controllers who responded to the questionnaire — 62 percent to be exact. This snapshot results from replies to PayScale's salary survey.

$45,851 - $99,964
(Median)
$46K
$68K
$100K
MEDIAN: $68,150
10%
50%
90%

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$14.14 - $30.88
(Median)
$14
$21
$31
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$45,851 - $99,964  
   
Bonus
$0.00 - $14,782  
Profit Sharing
$505 - $10,118  
Commission
$3,600  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$44,170 - $105,442  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 4,041
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$14.14 - $30.88  
   
Overtime
$19.03 - $47.51  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $14,782  
   
Commission
$3,600  
Profit Sharing
$505 - $10,118  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$44,170 - $105,442  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 337
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Job Description for Assistant Controller

An assistant controller manages day-to-day accounts activities and often oversees any internal auditing. The assistant controller must have a good working knowledge of financial regulations to ensure that the finance department is working within those parameters. It is expected that the assistant controller is a good leader and manager, as they usually help develop their team and advise their superiors. Assistant controllers are responsible for the accuracy of data in accounts, and they must ensure that all of their counts maintain integrity. They also may be responsible for the budget and for allocating resources as necessary; this includes creating reports and overseeing the annual budget and presenting it to their superiors. The assistant controller will often report to the company’s chief executive officer or chief financial officers, in addition to other supervisors they may have.

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Assistant Controller Tasks

  • Review and edit statements to align with business requirements and industry standards.
  • Assist in the preparation and reporting of financial statements for an organization.

Common Career Paths for Assistant Controller


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While not commonly seen, Assistant Controllers who transition into a Chief Financial Officer position may see a rise in pay. The median salary for Chief Financial Officers is $123K per year. Assistant Controllers most often move into positions as Financial Controllers or Corporate Controllers; those groups report median salaries that are $9K higher and $24K higher, respectively.

Assistant Controller (Financial) Job Listings

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Popular Skills for Assistant Controller


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Budgeting, Financial Analysis, Financial Applications, and Financial Reporting are correlated to pay that is above average, with boosts between 3 percent and 7 percent. Skills that pay less than market rate include Accounts Receivable, Accounts Payable, and Microsoft Word. Those educated in Financial Analysis tend to be well versed in Microsoft Excel and Month-End Close. A tool kit that includes Financial Reporting also typically contains Month-End Close and Microsoft Excel.

Pay by Experience Level for Assistant Controller

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Although individuals who have less than five years' experience earn $57K on average, people with five to 10 years benefit from a notably larger average of $70K. Assistant Controllers with one to two decades of relevant experience report an average salary of approximately $75K. Survey participants with more than twenty years of experience only make around $74K on average, though; this group reports a lower median than the one claimed by mid-career individuals.

Pay Difference by Location

National Average: $68,418

Larger city markers indicate a job is popular in that location.

San Francisco offers some of the highest pay in the country for Assistant Controllers, 38 percent above the national average. Assistant Controllers can also look forward to large paychecks in cities like New York (+29 percent), Houston (+29 percent), Dallas (+23 percent), and Washington (+19 percent). Miami is home to the smallest salaries in the field, lagging the national average by 10 percent. Employers in Phoenix and Salt Lake City also lean toward paying below-median salaries (8 percent lower and 4 percent lower, respectively).

Assistant Controller Reviews

What is it like working as an Assistant Controller?

Assistant Controller in St. Charles:
Pros: Enjoy the work, the location and my co-workers.
Cons: Some weeks require 45 to 50 hours per week or longer at year end. At the current time, I also am responsible for benefit administration, including 401K and insurance.

Related Job Salaries

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Experience Affects Assistant Controller Salaries




National Average
$68,000


Skills That Affect Assistant Controller Salaries



Financial Applications
up arrow 3%

Financial Reporting
up arrow 2%

Month-End Close
up arrow 1%

National Average
$68,000

General Ledger Accounting
up arrow 1%

Microsoft Dynamics GP
up arrow 1%

Cost Accounting
up arrow 2%








Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 711 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
28%
10-19 years
33%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 73%
medical benefits
Vision: 57%
dental benefits
None: 12%
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