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The differences between assistant branch managers and cash 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 cash manager. Additionally, a cash manager has an average salary of $93,363, 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 cash manager are customer service, cash management, and treasury.
| Assistant Branch Manager | Cash Manager | |
| Yearly salary | $49,913 | $93,363 |
| Hourly rate | $24.00 | $44.89 |
| Growth rate | 17% | 17% |
| Number of jobs | 37,800 | 60,517 |
| 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 cash manager is responsible for monitoring cash flow, analyzing financial transactions, and allocating adequate budget and resources for every department's operations. Cash managers conduct data and statistical analysis to determine the company's expenses and financial loss and strategize techniques in minimizing those risks. They also help senior management in identifying business opportunities that would generate more revenue resources and increase profits for the business. A cash manager handles billing disputes, resolves account discrepancies, and submits accurate financial reports.
Assistant branch managers and cash managers have different pay scales, as shown below.
| Assistant Branch Manager | Cash Manager | |
| Average salary | $49,913 | $93,363 |
| Salary range | Between $35,000 And $70,000 | Between $66,000 And $130,000 |
| Highest paying City | San Francisco, CA | Redding, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Centennial Bank | PVH |
| Best paying industry | Transportation | Manufacturing |
There are a few differences between an assistant branch manager and a cash manager in terms of educational background:
| Assistant Branch Manager | Cash 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 cash managers' demographics:
| Assistant Branch Manager | Cash Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 45.3% Female, 54.7% | Male, 38.2% Female, 61.8% |
| 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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 8.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |