A hot financial job in the Chicago area is that of controller. And according to our newly released 2015 Salary Guide from Robert Half, that could be good news for your pocketbook. Interested in pursuing a job as a controller in Chicago? Read on to learn what it takes to be one and what you can expect to earn in this role.
What does a controller do?
As a controller, you will be responsible for managing the accumulation and consolidation of financial data at your organization. As the job title suggests, the controller “controls” access to the corporate funds. You will prepare internal and external financial statements, manage the budget process, and coordinate the activities of external auditors. While doing all of that, you will also offer recommendations for the improvement and implementation of new financial processes.
What does a controller need to bring to the table?
While specific requirements vary by organization, every controller needs to meet two prerequisites: a lot of education and a lot of experience. A bachelor’s degree in accounting or business administration and at least five years of experience is generally preferred. Most controllers also hold a CPA designation and an MBA.
What does a controller earn?
Salaries for controller candidates are projected to be on the rise next year. Research compiled for our Salary Guide shows that a controller at a midsize company in Chicago can earn starting salaries between $129,458 and $196,800 per year. A controller at large Chicago companies earn between $186,345 and $237,390, while those at small companies earn $113,160 to $151,905.
If you are looking for a new career as a controller, check out our database of available controller positions in the Chicago area.