Business & Finance Newark, NJ Pop. 311,549

Financial Controller Salary in Newark, New Jersey

The median financial controller salary in Newark, NJ is $150,000 per year, which is 20.0% above the national median and 2.4% below the New Jersey state average.

City Median
$150,000
vs State Avg
$-3,750
vs National
+$25,000
Cost of Living
112%

Financial Controller Pay in Newark: What to Expect (2026)

Newark offers a median financial controller salary of $150,000, which is $3,750 below the New Jersey state average of $153,750. Compared to the national median of $125,000, Newark pays above average for this role.

However, Newark's cost of living index is 112%, significantly above the national average. After adjusting for local costs, the $150,000 salary has an effective purchasing power of approximately $133,929. Housing, transportation, and food costs in Newark should be factored into any relocation or job-change decision.

The salary range for financial controllers in Newark spans from $93,600 at the 10th percentile to $237,600 at the 90th percentile — a $144,000 spread. Entry-level professionals start around $98,400, while senior financial controllers with 8+ years of experience can earn up to $228,000. With a population of 311,549, Newark is a mid-sized metro with a growing job market.

Financial Controller Salary in Newark by Experience

In Newark, an entry-level financial controller earns around $98,400, while experienced professionals earn up to $228,000 per year. The local cost of living index is 112% of the national average.

Entry Level (0-2 yrs)
$98,400
+$16,400 vs national
Mid Level (3-7 yrs)
$153,600
+$25,600 vs national
Senior Level (8+ yrs)
$228,000
+$38,000 vs national

Salary Percentiles in Newark, NJ

Percentile Newark
10th Percentile $93,600
25th Percentile $117,600
Median (50th) $150,000
75th Percentile $194,400
90th Percentile $237,600

Financial Controller Salary in Other New Jersey Cities

Jersey City, NJ
$170,000
Pop. 292,449
Edison, NJ
$153,750
Pop. 107,588
Elizabeth, NJ
$145,000
Pop. 137,298
Paterson, NJ
$141,250
Pop. 159,732

How to Become a Financial Controller in Newark

Education

Most financial controller positions require a bachelor's degree. Newark and the surrounding New Jersey area have institutions offering relevant programs.

Key Skills

Financial ReportingGAAPERP SystemsBudgetingTeam LeadershipTax Compliance

Job Outlook

Nationally, financial controller employment is projected to grow 6% over the next decade (faster than average). Demand in Newark may vary based on local industry and population growth.

Find Financial Controller Jobs in Newark

Browse open financial controller positions in Newark, NJ:

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Frequently Asked Questions: Financial Controller Salary in Newark

How much does a Financial Controller make in Newark, NJ? ▼
The median financial controller salary in Newark, New Jersey is $150,000 per year, which is 20.0% above the national median of $125,000. Salaries range from $93,600 (10th percentile) to $237,600 (90th percentile).
How much does a Financial Controller make per hour in Newark? ▼
Based on the median annual salary of $150,000, a financial controller in Newark earns approximately $72 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for financial controller pay? ▼
Newark's median financial controller salary of $150,000 is 2.4% below the New Jersey state average of $153,750. The local cost of living index is 112% of the national average.
What is the cost of living in Newark, NJ? ▼
Newark has a cost of living index of 112% compared to the national average. This means a financial controller salary of $150,000 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial controller in Newark? ▼
Most financial controller positions in Newark require a bachelor's degree. Key skills include Financial Reporting, GAAP, ERP Systems, Budgeting. The job market is projected to grow 6% nationally over the next decade.