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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 | Finance Center Manager | |
| Yearly salary | $121,419 | $58,763 |
| Hourly rate | $58.37 | $28.25 |
| Growth rate | 17% | 17% |
| Number of jobs | 70,168 | 151,642 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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 managers and finance center managers have different pay scales, as shown below.
| Audit Manager | Finance Center Manager | |
| Average salary | $121,419 | $58,763 |
| Salary range | Between $82,000 And $178,000 | Between $33,000 And $104,000 |
| Highest paying City | Portland, ME | - |
| Highest paying state | Maine | - |
| Best paying company | Meta | - |
| Best paying industry | Manufacturing | - |
There are a few differences between an audit manager and a finance center manager in terms of educational background:
| Audit Manager | Finance Center Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between audit managers' and finance center managers' demographics:
| Audit Manager | Finance Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 66.0% Female, 34.0% | Male, 49.1% Female, 50.9% |
| Race ratio | Black 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 Percentage | 11% | 11% |