Financial Controller, Industrial Plant Salary

With more than two-thirds 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 $52K to $141K per year and averages out to $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. Geography is the biggest factor affecting pay for this group, followed by years of experience. Job satisfaction for Industrial Plant Financial Controllers is high. Medical benefits are awarded to most, and a strong majority earn dental coverage. Men working as Industrial Plant Financial Controllers who took the survey just slightly outnumber women at 51 percent. The numbers in this rundown were provided by PayScale's salary survey participants.

$51,244 - $125,820
$51K
$87K
$130K
MEDIAN: $87,066
10%
50%
90%

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$10.21 - $44.04
$10
$22
$44
MEDIAN: $22.48
10%
50%
90%

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$0$142K
Salary $51,244 - $125,820
Bonus $1,010 - $25,658
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).
)
$51,184 - $142,463
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 205
Hourly Data $0$44
Hourly Rate $10.21 - $44.04
Overtime $36.00
Annual Data $0$142K
Bonus $1,010 - $25,658
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).
)
$51,184 - $142,463
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 12

Find Out Exactly What You Should Be Paid

United States (change)

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 may experience a large salary bump if they progress into a role such as VP of Finance or Chief Financial Officer. The latter position pays an average of $145K annually. Chief Financial Officers or Plant Controllers are common next-step roles for Industrial Plant Financial Controllers moving up in their careers; annual pay for Chief Financial Officers is $34K higher on average, and it's $1K higher for Plant Controllers.

Financial Controller, Industrial Plant Job Listings

Popular Skills for Financial Controller, Industrial Plant


Industrial Plant Financial Controllers report using a wide range of professional skills. 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 seem to negatively impact pay include Microsoft Word, Windows Operating System General Use, and Microsoft Office. A tool kit that includes Microsoft Excel also typically contains Financial Analysis and Accounts Payable. Most people familiar with 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
53 %
Male
47 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.
Less than 1 year
1%
1-4 years
11%
5-9 years
15%
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%

▼20%

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 38 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
15%
10-19 years
37%
20 years or more
36%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 71%
vision benefits
Vision: 59%
no benefits
None: 15%
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