Financial Controller, Industrial Plant Salary

With about two in three of Industrial Plant Financial Controllers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $50K to $129K per year and averages out to $80K annually. In the world of Industrial Plant Financial Controllers, overall cash allowance can occasionally include more than $21K from bonuses and, in some exceptional cases, $15K from profit sharing, causing incomes to vary widely between $50K and $129K. Most enjoy medical while the greater part get dental coverage. Vision coverage is also available to over one-half. Women make up a slight majority of Industrial Plant Financial Controllers (52 percent) survey respondents. Most Industrial Plant Financial Controllers like their work and job satisfaction is high. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$51,115 - $114,227

Add this chart to your site: 640px    300px

$13.26 - $33.28

Add this chart to your site: 640px    300px

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
$51,115 - $114,227  
   
Bonus
$153.19 - $21,356  
Profit Sharing
$0.00 - $15,205  
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).
)
$50,103 - $128,507  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 371
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
$13.26 - $33.28  
   
Overtime
$0.00 - $47.19  
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
$153.19 - $21,356  
   
Profit Sharing
$0.00 - $15,205  
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).
)
$50,103 - $128,507  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 22
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

Financial Controller, Industrial Plant Tasks

  • 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.
  • 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.

Common Career Paths for Financial Controller, Industrial Plant


Add this chart to your site:   640px 640px    300px 300px


At the upper end, Industrial Plant Financial Controllers who move into a VP of Finance or Chief Financial Officer role can end up with a hefty increase in pay. The average income for VPs of Finance and Chief Financial Officers is a much higher $141K per year. It is quite typical for Industrial Plant Financial Controllers to transition into roles as Chief Financial Officers or Finance Directors, where reported median earnings are $39K and $19K higher per year.

Financial Controller Job Listings

Search for more jobs:

Popular Skills for Financial Controller, Industrial Plant


Industrial Plant Financial Controllers report using a diverse set of skills on the job. Fortunate workers who know Budgeting can expect a significant pay bump, scoring salaries 28 percent above average. Skills that seem to negatively impact pay include Accounts Payable, Windows Operating System General Use, and Microsoft Word. Those proficient in Financial Applications are, more often than not, also skilled in Accounts Payable and Financial Analysis.

Pay by Experience Level for Financial Controller, Industrial Plant

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


Respondents with less than five years' experience take home $63K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $80K. Industrial Plant Financial Controllers claiming one to two decades of experience make an estimated median of $89K. Industrial Plant Financial Controllers who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $87K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Financial Controller, Industrial Plant Salaries



National Average
$83,000



Skills That Affect Financial Controller, Industrial Plant Salaries

Budgeting
up arrow 28%

Financial Reporting
up arrow 2%

Financial Applications
up arrow 1%

Microsoft Excel
up arrow 1%

Cost Accounting
up arrow 1%

Financial Analysis
0%

National Average
$83,000

Microsoft Office
up arrow 1%

Microsoft Word
up arrow 5%

Windows Operating System General Use
up arrow 5%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 82 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
19%
10-19 years
36%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 69%
vision benefits Vision: 53% employee benefits None: 13%
ADVERTISEMENT