Plant Controller Salary
With a little under three-quarters of Plant Controllers in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Plant Controllers is $88K per year and can range from $66K on the lower end to $134K per year near the higher end. Total cash compensation to Plant Controllers approaches anywhere from $66K on the lower end to $134K on the higher end; in exceptional cases, this can include more than $20K from bonuses and upwards of $10K from profit sharing. Residence and years of experience each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to almost all, and a large number earn dental coverage. Male Plant Controllers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 59 percent of the field. Most Plant Controllers like their work and job satisfaction is high. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
Job Description for Plant Controller
Plant controllers are responsible for administrative work in a factory environment, such as preparing financial statements, production-cost statements, and profit forecasts. Close attention to detail and strong mathematical skills are important in this position to prepare accurate reports, and some plant controllers may oversee the facility's accounting department. They may also audit invoices, charges, and financial statements and check labor reports, material costs, overhead, and distribution costs for accuracy.Read More...
Plant controllers must ensure compliance with all relevant laws and regulations and that financial department staff are working efficiently. Time-management skills and the ability to manage others are important in this position, and they may also be responsible for a financial staff team and duties such as payroll, scheduling, and recruitment. It's important that they keep up with the newest trends and technologies, and computer skills are important in order to manage data and find efficient ways to store it digitally. Plant controllers may also have purchasing duties and should be able to negotiate, work well with vendors, discuss expenses with management, and help decide how costs can be decreased. This is usually a full-time job that is carried out during daytime hours, and a bachelor's degree in finance or business administration is generally required.
Plant Controller 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.
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Popular Skills for Plant Controller
Plant Controllers report using a large range of skills on the job. Most notably, skills in Sarbanes-Oxley Compliance, Sarbanes-Oxley Knowledge, SAP SAP Financial Accounting and Controlling, and Accounting are correlated to pay that is above average, with boosts in pay of 6 percent. Those listing Payroll Administration as a skill should be prepared for drastically lower pay. General Ledger Accounting and Human Resources also typically command lower compensation. Most people skilled in Financial Analysis are similarly competent in Cost Accounting.
Pay by Experience Level for Plant Controller
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Plant Controllers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. The average worker who claims fewer than five years of experience earns around $75K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $90K. Plant Controllers see a median salary of $99K after reaching one to two decades on the job. Plant Controllers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $104K on average.
Pay Difference by Location
With a pay rate for Plant Controllers that is 21 percent greater than the national average, Houston offers a comfortable salary for those in this profession. Plant Controllers will also find cushy salaries in Nashville (+18 percent), Detroit (+14 percent), Chicago (+10 percent), and Cleveland (+7 percent). The lowest-paying market is Charlotte, which sits 16 percent below the national average. Two other places where employers offer below-median salaries are Denver (14 percent less) and Greenville (10 percent less).
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Key Stats for Plant Controller
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