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The differences between assistant branch managers and business manager-finance 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 assistant branch manager and a business manager-finance manager. Additionally, a business manager-finance manager has an average salary of $106,036, which is higher than the $49,913 average annual salary of an assistant branch manager.
The top three skills for an assistant branch manager include quality customer service, branch management and excellent organizational. The most important skills for a business manager-finance manager are financial analysis, project management, and financial management.
| Assistant Branch Manager | Business Manager-Finance Manager | |
| Yearly salary | $49,913 | $106,036 |
| Hourly rate | $24.00 | $50.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 37,800 | 180,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An assistant branch manager's primary responsibility is to oversee the daily operations in their designated area, ensuring that everything is running smoothly from the workflow to the workforce. Although the tasks will vary depending on the organization or industry where one is involved, most of it will revolve around evaluating and monitoring employees' progress. Additional duties include responding to calls and inquiries, managing work schedules, and making sure that customers are satisfied with all services and transactions. Moreover, an assistant branch manager must also prioritize meeting the sales targets and staying within the allotted budget and deadlines.
A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.
Assistant branch managers and business manager-finance managers have different pay scales, as shown below.
| Assistant Branch Manager | Business Manager-Finance Manager | |
| Average salary | $49,913 | $106,036 |
| Salary range | Between $35,000 And $70,000 | Between $73,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Centennial Bank | ZS |
| Best paying industry | Transportation | Finance |
There are a few differences between an assistant branch manager and a business manager-finance manager in terms of educational background:
| Assistant Branch Manager | Business Manager-Finance Manager | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between assistant branch managers' and business manager-finance managers' demographics:
| Assistant Branch Manager | Business Manager-Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 45.3% Female, 54.7% | Male, 58.8% Female, 41.2% |
| Race ratio | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3% | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |