Post job

Assistant branch manager vs business manager-finance manager

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 vs business manager-finance manager overview

Assistant Branch ManagerBusiness Manager-Finance Manager
Yearly salary$49,913$106,036
Hourly rate$24.00$50.98
Growth rate17%17%
Number of jobs37,800180,161
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 64%
Average age4646
Years of experience88

What does an assistant branch manager do?

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.

What does a business manager-finance manager do?

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 manager vs business manager-finance manager salary

Assistant branch managers and business manager-finance managers have different pay scales, as shown below.

Assistant Branch ManagerBusiness Manager-Finance Manager
Average salary$49,913$106,036
Salary rangeBetween $35,000 And $70,000Between $73,000 And $152,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyCentennial BankZS
Best paying industryTransportationFinance

Differences between assistant branch manager and business manager-finance manager education

There are a few differences between an assistant branch manager and a business manager-finance manager in terms of educational background:

Assistant Branch ManagerBusiness Manager-Finance Manager
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Assistant branch manager vs business manager-finance manager demographics

Here are the differences between assistant branch managers' and business manager-finance managers' demographics:

Assistant Branch ManagerBusiness Manager-Finance Manager
Average age4646
Gender ratioMale, 45.3% Female, 54.7%Male, 58.8% Female, 41.2%
Race ratioBlack 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 Percentage11%11%

Differences between assistant branch manager and business manager-finance manager duties and responsibilities

Assistant branch manager example responsibilities.

  • Manage the treasury internal control, internal audit, and external audit quarterly reviews.
  • Manage LTO's, review and approve all credits and assist with collections and A/R.
  • Manage the daily production operations and quality control; ensure that processes are in compliance with OSHA and company standards.
  • Negotiate service agreements for managing refrigeration and HVAC costs and prepare quoted work estimates.
  • Maintain existing customer relationships and develop new contacts through networking, cross-selling opportunities, and referrals.
  • Construct and maintain reporting system to assure HCS, HACCP, JACHO, and OSHA standard where maintain.
  • Show more

Business manager-finance manager example responsibilities.

  • Project manage implementation of ERP forecasting and budgeting system.
  • Manage accounting operations, accounting period closing, account reporting, and reconciliations.
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
  • Execute all aspects of management including payroll, A/R, A/P and OSHA.
  • Establish, coordinate, and supervise treasury functions and international currency management for multiple foreign currency accounts in various countries.
  • Show more

Assistant branch manager vs business manager-finance manager skills

Common assistant branch manager skills
  • Quality Customer Service, 8%
  • Branch Management, 7%
  • Excellent Organizational, 6%
  • Loan Applications, 6%
  • Bank Products, 6%
  • Customer Satisfaction, 5%
Common business manager-finance manager skills
  • Financial Analysis, 12%
  • Project Management, 5%
  • Financial Management, 4%
  • Oversight, 4%
  • Shared Services, 3%
  • Process Improvement, 3%

Browse executive management jobs