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The differences between administrative & finance 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 administrative & finance manager and a finance center manager. Additionally, an administrative & finance manager has an average salary of $76,989, which is higher than the $58,763 average annual salary of a finance center manager.
The top three skills for an administrative & finance manager include payroll processing, human resources and oversight. The most important skills for a finance center manager are customer service, exceptional client, and financial services.
| Administrative & Finance Manager | Finance Center Manager | |
| Yearly salary | $76,989 | $58,763 |
| Hourly rate | $37.01 | $28.25 |
| Growth rate | 17% | 17% |
| Number of jobs | 143,109 | 151,642 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An administrative and finance manager handles a company's expenditures, requests, invoices, and other financial documentation. Their primary duty is to oversee a finance team's daily work. Additionally, they must coordinate financial staff, ensure that orders from management are carried out, complete the company's financial statements, and provide tax data for the legal department.
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.
Administrative & finance managers and finance center managers have different pay scales, as shown below.
| Administrative & Finance Manager | Finance Center Manager | |
| Average salary | $76,989 | $58,763 |
| Salary range | Between $55,000 And $107,000 | Between $33,000 And $104,000 |
| Highest paying City | New York, NY | - |
| Highest paying state | New York | - |
| Best paying company | Meta | - |
| Best paying industry | Insurance | - |
There are a few differences between an administrative & finance manager and a finance center manager in terms of educational background:
| Administrative & Finance Manager | Finance Center Manager | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between administrative & finance managers' and finance center managers' demographics:
| Administrative & Finance Manager | Finance Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 50.7% Female, 49.3% | Male, 49.1% Female, 50.9% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% 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 Percentage | 11% | 11% |