Financial Controller, Industrial Plant Salary

The majority of Industrial Plant Financial Controllers in the United States — more than two-thirds — boast more than 10 years of experience in their profession. Salaries stretch from $52K to $141K per year, and the median is $87K annually. Including potential for bonuses and profit sharing — peaking near $25K and $13K, respectively — total cash payment to Industrial Plant Financial Controllers can bottom out near $52K or peak near $141K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by years of experience. Male Industrial Plant Financial Controllers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 52 percent of the field. Most Industrial Plant Financial Controllers like their work and job satisfaction is high. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. The information for this snapshot was generated by responses to the PayScale salary survey.

$51,692 - $126,148
$52K
$87K
$130K
MEDIAN: $87,049
10%
50%
90%

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$10.14 - $44.38
$10
$21
$44
MEDIAN: $21.31
10%
50%
90%

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$0$140K
Salary $51,692 - $126,148
Bonus $989 - $25,349
Profit Sharing $440.42 - $12,766
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).
)
$51,699 - $140,789
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 202
Hourly Data $0$44
Hourly Rate $10.14 - $44.38
Overtime $27.64
Annual Data $0$140K
Bonus $989 - $25,349
Profit Sharing $440.42 - $12,766
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).
)
$51,699 - $140,789
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 11

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Job Description for Financial Controller, Industrial Plant

Financial controllers of industrial plants are responsible for overseeing daily financial processes and records for their organization, including performing tasks such as bookkeeping or accounting. They analyze financial financial information, prepare and analyze budgets, develop financial goals and quotas, and organize efficient and productive cash flow. Additionally, financial controllers must track and record costs of operations and make decisions in response to current financial conditions.

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Financial Controller, Industrial Plant Tasks

  • Present financial reporting and potential risk areas to senior management.
  • Oversee accounting, financial reporting, analysis and preparation of the consolidated financial statements, including schedules for tax compliance.
  • Ensure policies and procedures are in compliance with professional standards, state and federal regulatory requirements.
  • Establish and maintain internal controls to support the financial infrastructure.

Common Career Paths for Financial Controller, Industrial Plant


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Industrial Plant Financial Controllers who go on to become VPs of Finance and Chief Financial Officers may see their salaries climb quite a bit. Median pay for VPs of Finance and Chief Financial Officers is $145K annually. It is quite typical for Industrial Plant Financial Controllers to transition into roles as Chief Financial Officers or Plant Controllers, where reported median earnings are $34K and $1K higher per year.

Financial Controller, Industrial Plant Job Listings

Popular Skills for Financial Controller, Industrial Plant


Industrial Plant Financial Controllers generally report applying a varied skill set to their work. Most notably, skills in Budgeting, Cost Accounting, Financial Analysis, and Financial Reporting are correlated to pay that is above average, with boosts between 4 percent and 18 percent. Skills that pay less than market rate include Microsoft Word, Windows Operating System General Use, and Microsoft Office. Most people who know Microsoft Excel also know Financial Analysis and Accounts Payable. The majority of those who know Financial Applications also know Accounts Payable and Financial Analysis.

Pay by Experience Level for Financial Controller, Industrial Plant

Pay by Experience for a Financial Controller, Industrial Plant has a positive trend. An entry-level Financial Controller, Industrial Plant with less than 5 years of experience can expect to earn an average total compensation of $72,000 based on 42 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Controller, Industrial Plant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $79,000 based on 63 salaries. An experienced Financial Controller, Industrial Plant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $94,000 based on 101 salaries. A Financial Controller, Industrial Plant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $97,000 based on 72 salaries.

Related Job Salaries

Key Stats for Financial Controller, Industrial Plant

Gender

Female
48 %
Male
52 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.
Less than 1 year
0%
1-4 years
11%
5-9 years
16%
10-19 years
37%
20 years or more
36%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Controller, Industrial Plant Salaries

▲8%

▲5%

National Average
$89,000

▼11%

▼19%

Skills That Affect Financial Controller, Industrial Plant Salaries

Budgeting
▲18%



Financial Reporting
▼0%


National Average
$89,000




Windows Operating System General Use
▼12%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
0%
1-4 years
11%
5-9 years
16%
10-19 years
37%
20 years or more
36%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 72%
vision benefits
Vision: 59%
no benefits
None: 13%
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