Post job

Assistant branch manager vs finance manager

The differences between assistant branch managers and 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 finance manager. Additionally, a finance manager has an average salary of $101,374, 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 finance manager are financial analysis, CPA, and customer service.

Assistant branch manager vs finance manager overview

Assistant Branch ManagerFinance Manager
Yearly salary$49,913$101,374
Hourly rate$24.00$48.74
Growth rate17%17%
Number of jobs37,800125,345
Job satisfaction-5
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 66%
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 finance manager do?

A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.

Assistant branch manager vs finance manager salary

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

Assistant Branch ManagerFinance Manager
Average salary$49,913$101,374
Salary rangeBetween $35,000 And $70,000Between $71,000 And $144,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateNew JerseyNew York
Best paying companyCentennial BankBarclays
Best paying industryTransportationFinance

Differences between assistant branch manager and finance manager education

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

Assistant Branch ManagerFinance Manager
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Assistant branch manager vs finance manager demographics

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

Assistant Branch ManagerFinance Manager
Average age4646
Gender ratioMale, 45.3% Female, 54.7%Male, 60.0% Female, 40.0%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between assistant branch manager and 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

Finance manager example responsibilities.

  • Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
  • Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
  • Lead successful sales team and provide direct oversight on overall dealership business profitability.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
  • Execute simple SQL queries to validate data in tables.
  • Show more

Assistant branch manager vs 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 finance manager skills
  • Financial Analysis, 7%
  • CPA, 7%
  • Customer Service, 6%
  • Hyperion, 4%
  • Financial Models, 4%
  • Strong Analytical, 4%

Browse executive management jobs