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Accounting manager vs finance center manager

The differences between accounting managers and finance center managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an accounting manager and a finance center manager. Additionally, an accounting manager has an average salary of $84,451, which is higher than the $58,763 average annual salary of a finance center manager.

The top three skills for an accounting manager include reconciliations, CPA and GAAP. The most important skills for a finance center manager are customer service, exceptional client, and financial services.

Accounting manager vs finance center manager overview

Accounting ManagerFinance Center Manager
Yearly salary$84,451$58,763
Hourly rate$40.60$28.25
Growth rate17%17%
Number of jobs92,089151,642
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 71%
Average age4646
Years of experience88

What does an accounting manager do?

An accounting manager is responsible for supervising and monitoring the overall accounting department operations. Duties of an accounting manager include reviewing account information and account statements, processing invoices, analyzing financial data, performing account reconciliations, assisting with tax processing and audit reports, and generating financial reports for presentation with the board. An accounting manager must have excellent knowledge of the accounting principles and legislation to assist the team with the company's financial goals. Accounting managers must have the outstanding analytical, critical thinking, and decision-making skills to develop the best competitive financial strategies.

What does a finance center manager do?

The duties of a finance center manager depend on one's place or industry of employment. Typically, they are responsible for overseeing the operations of a financial center, ensuring everything is running smoothly. They are also responsible for performing clerical tasks such as producing progress reports and presentations, managing schedules, setting goals and deadlines, processing documents, and maintaining data and records of all financial activities. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.

Accounting manager vs finance center manager salary

Accounting managers and finance center managers have different pay scales, as shown below.

Accounting ManagerFinance Center Manager
Average salary$84,451$58,763
Salary rangeBetween $60,000 And $117,000Between $33,000 And $104,000
Highest paying CitySan Francisco, CA-
Highest paying stateVermont-
Best paying companyMorgan Lewis-
Best paying industryFinance-

Differences between accounting manager and finance center manager education

There are a few differences between an accounting manager and a finance center manager in terms of educational background:

Accounting ManagerFinance Center Manager
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 71%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting manager vs finance center manager demographics

Here are the differences between accounting managers' and finance center managers' demographics:

Accounting ManagerFinance Center Manager
Average age4646
Gender ratioMale, 40.4% Female, 59.6%Male, 49.1% Female, 50.9%
Race ratioBlack or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 10.0% White, 63.2% American Indian and Alaska Native, 0.3%Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.0% White, 64.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between accounting manager and finance center manager duties and responsibilities

Accounting manager example responsibilities.

  • Refine the 'pro forma invoice' system process to manage prepayments of client invoices enhancing efficiency and adding value.
  • Work independently on line of business projects to automate derivative processes and system enhancement testing.
  • Manage payroll and all taxation matters, coordinate independent audit; communicate with outside organizations and agencies.
  • Lead team that develop templates and procedure documentation of key controls within general accounting to comply with Sarbanes-Oxley.
  • Lead successful international enterprise wide ERP migration and experience in analysis, testing, documentation, design and implementation.
  • Conduct corporate treasury management planning and analysis, manages controls for inventory and cost accumulation for all products sell.
  • Show more

Finance center manager example responsibilities.

  • Assist in achieving strategic goals including deposit accounts, consumer loans, wealth management, and treasury products through personal production.
  • Support clinicians by regularly communicating on center s status, managing patient correspondence, fulfilling pharmaceutical needs, and discharging patients.
  • Perform extensive sales training and coaching in evaluating client needs, cross-selling appropriate products and services, and training team members.
  • Identify cross-selling opportunities and refer appropriate products.
  • Monitor authoritative guidance and conduct technical accounting research to ensure all financial statements and disclosures are presented in accordance with GAAP.
  • Service clients through referrals; deposit accounts; loans; treasury management and card services.
  • Show more

Accounting manager vs finance center manager skills

Common accounting manager skills
  • Reconciliations, 10%
  • CPA, 9%
  • GAAP, 7%
  • Customer Service, 5%
  • Payroll Processing, 4%
  • Internal Controls, 4%
Common finance center manager skills
  • Customer Service, 22%
  • Exceptional Client, 16%
  • Financial Services, 16%
  • Regulatory Policies, 14%
  • Operational Procedures, 13%
  • Customer Relationships, 4%

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