by 
The Curious Bag
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The finance department of a corporation is made up of executive staff members that includes the chief financial officer, treasurer, controller, auditor, accountant, and bookkeeper.
Executive Staff
The CFO, or chief financial officer, is the highest authority figure on the finance side of the company. The treasurer is the banker of the company and handles all money management, including borrowing and investing. The controller is the chief accountant and manages the accounting department.
Treasury and Accounting Staff
The treasurer normally has a small staff that may include portfolio managers who manage the pension fund and cash portfolios. The accounting staff consists of billing, accounts receivable and accounts payable, internal auditing, and tax administration.
Function
The financial staff keeps the books of the corporation, pays all the bills and monitors the financial health of the enterprise.
Significance
The treasurer or the controller may be the chief financial officer in a company that has primary needs on either the banking side or the accounting side of finance.
Considerations
The CFO reports to the CEO and the board of directors. The treasurer and the controller are occasionally invited to report to the board. They are supervised by the CFO.
Source:
Bureau of Labor Statistics, Occupational Outlook: "Accountants and Auditors"
Bureau of Labor Statistics, Occupational Outlook: "Financial Managers"
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