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Audit manager vs finance center manager

The differences between audit 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 audit manager and a finance center manager. Additionally, an audit manager has an average salary of $121,419, which is higher than the $58,763 average annual salary of a finance center manager.

The top three skills for an audit manager include CPA, internal audit and audit reports. The most important skills for a finance center manager are customer service, exceptional client, and financial services.

Audit manager vs finance center manager overview

Audit ManagerFinance Center Manager
Yearly salary$121,419$58,763
Hourly rate$58.37$28.25
Growth rate17%17%
Number of jobs70,168151,642
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 71%
Average age4646
Years of experience88

What does an audit manager do?

An audit manager is responsible for the complete audit process of finances in an organization. They work for banks and report directly to the audit committee. Based on findings gathered, a financial institution can gain vision into their variance and overall performance. They are also responsible for scheduling audits, initiating departmental audits, consolidation, and analysis of audit reports, and reviewing accounting procedures. Moreover, part of their tasks is to create audit finding presentations to be presented to the audit committee. It requires a high amount of accountability to be an effective audit manager.

What does a finance center manager do?

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.

Audit manager vs finance center manager salary

Audit managers and finance center managers have different pay scales, as shown below.

Audit ManagerFinance Center Manager
Average salary$121,419$58,763
Salary rangeBetween $82,000 And $178,000Between $33,000 And $104,000
Highest paying CityPortland, ME-
Highest paying stateMaine-
Best paying companyMeta-
Best paying industryManufacturing-

Differences between audit manager and finance center manager education

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

Audit ManagerFinance Center Manager
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 71%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Audit manager vs finance center manager demographics

Here are the differences between audit managers' and finance center managers' demographics:

Audit ManagerFinance Center Manager
Average age4646
Gender ratioMale, 66.0% Female, 34.0%Male, 49.1% Female, 50.9%
Race ratioBlack or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% 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 Percentage11%11%

Differences between audit manager and finance center manager duties and responsibilities

Audit manager example responsibilities.

  • Manage a review for a large insurance company to ensure compliance with HIPAA law.
  • Manage audits in all divisions and ensure all accounting transactions are perform in accordance with GAAP.
  • Lead ERM development, implementation, risk assessment reviews, reporting, improvement/remediation, & continuous monitoring.
  • Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
  • Manage audits of monthly closings, bank reports, cash flow, operations analysis, revenue accounting, and IPO documents.
  • Manage two staff accountants and Hyperion assistant/analyst.
  • Show more

Finance center manager example responsibilities.

  • Assist in achieving strategic goals including deposit accounts, consumer loans, wealth management, and treasury products through personal production.
  • Support clinicians by regularly communicating on center s status, managing patient correspondence, fulfilling pharmaceutical needs, and discharging patients.
  • Perform extensive sales training and coaching in evaluating client needs, cross-selling appropriate products and services, and training team members.
  • Identify cross-selling opportunities and refer appropriate products.
  • Monitor authoritative guidance and conduct technical accounting research to ensure all financial statements and disclosures are presented in accordance with GAAP.
  • Service clients through referrals; deposit accounts; loans; treasury management and card services.
  • Show more

Audit manager vs finance center manager skills

Common audit manager skills
  • CPA, 14%
  • Internal Audit, 6%
  • Audit Reports, 6%
  • Audit Engagements, 5%
  • Financial Services, 5%
  • Risk Management, 5%
Common finance center manager skills
  • Customer Service, 22%
  • Exceptional Client, 16%
  • Financial Services, 16%
  • Regulatory Policies, 14%
  • Operational Procedures, 13%
  • Customer Relationships, 4%

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