Bank president vs audit manager

The differences between bank presidents and audit managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a bank president and an audit manager. Additionally, an audit manager has an average salary of $121,419, which is higher than the $121,264 average annual salary of a bank president.

The top three skills for a bank president include real estate, treasury and cash management. The most important skills for an audit manager are CPA, internal audit, and audit reports.

Bank president vs audit manager overview

	Bank President	Audit Manager
Yearly salary	$121,264	$121,419
Hourly rate	$58.30	$58.37
Growth rate	17%	17%
Number of jobs	36,016	70,168
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 75%
Average age	46	46
Years of experience	8	8

Bank president vs audit manager salary

Bank presidents and audit managers have different pay scales, as shown below.

	Bank President	Audit Manager
Average salary	$121,264	$121,419
Salary range	Between $95,000 And $153,000	Between $82,000 And $178,000
Highest paying City	-	Portland, ME
Highest paying state	-	Maine
Best paying company	-	Meta
Best paying industry	-	Manufacturing

Differences between bank president and audit manager education

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

	Bank President	Audit Manager
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 75%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Bank president vs audit manager demographics

Here are the differences between bank presidents' and audit managers' demographics:

	Bank President	Audit Manager
Average age	46	46
Gender ratio	Male, 67.1% Female, 32.9%	Male, 66.0% Female, 34.0%
Race ratio	Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 9.4% White, 63.4% American Indian and Alaska Native, 0.3%	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%
LGBT Percentage	11%	11%

Differences between bank president and audit manager duties and responsibilities

Bank president example responsibilities.

Establish leads by building upon existing clientele and developing relationships with major centers of influence including CPA's and attorneys.
Coordinate the development and management of appropriate personnel information, management database providing seamless integration with payroll and other school functions.
Trade equity and fix income securities for regional asset management groups mutual funds and institutional accounts.

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.

Bank president vs audit manager skills

Common bank president skills

Real Estate, 25%
Treasury, 20%
Cash Management, 18%
Commercial Banking, 13%
Financial Products, 6%
Commercial Loans, 3%

Common audit manager skills

CPA, 14%
Internal Audit, 6%
Audit Reports, 6%
Audit Engagements, 5%
Financial Services, 5%
Risk Management, 5%