Whether you’re looking to enter the Financial Controller job market or are currently employed, it’s important to know the average financial controller salary. Financial controllers perform various responsibilities such as overseeing accounting, auditing, and financial reporting. In addition to overseeing financial reports, these employees also focus on ensuring compliance with policies and procedures. They work closely with their boss and the rest of the financial team.
The salary of a Financial Controller can vary depending on a variety of factors, including location, experience level, and education. A Financial Controller salary can also vary depending on your company’s overall performance. A bonus is another part of overall compensation. The bonus may be a percentage of the total salary, or it may be fixed.
A Financial Controller salary can vary greatly depending on where you live. Large metropolitan areas, such as New York City, can offer higher wages. However, they also have higher costs of living. You may want to consider moving to an area that has a lower cost of living to balance your salary.
According to the Bureau of Labor Statistics, there is a 17% increase in the demand for financial managers from 2020 to 2030. This translates to an estimated 64,200 job openings per year.
Those who are experienced can expect to earn a higher financial controller salary. Those with up to five years of experience can earn 81,300 USD, while those with 10 years or more can expect to earn 109,000 USD.