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The differences between banking center managers and cost accounting 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 banking center manager and a cost accounting manager. Additionally, a banking center manager has an average salary of $128,585, which is higher than the $89,286 average annual salary of a cost accounting manager.
The top three skills for a banking center manager include business development, bank products and bank policies. The most important skills for a cost accounting manager are variance analysis, financial analysis, and reconciliations.
| Banking Center Manager | Cost Accounting Manager | |
| Yearly salary | $128,585 | $89,286 |
| Hourly rate | $61.82 | $42.93 |
| Growth rate | 17% | 17% |
| Number of jobs | 87,078 | 61,135 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A banking center manager is responsible for monitoring bank operations, auditing financial transactions, and ensuring that the banking staff provides the highest customer service for their clients. Banking center managers assist the team members in responding to the customers' inquiries and concerns regarding the financial options they offer, opening accounts, selling financial instruments, and resolving transactional complaints. A banking center manager must have excellent communication and analytical skills, especially in developing banking solutions that would increase the bank's reliability to the customers.
A cost accounting manager is responsible for analyzing and evaluating pricing and costing systems of the goods and services of an organization, ensuring its adherence to the internal guidelines and state regulations. Cost accounting managers review business and financial transactions to generate accounting reports for management reference. They also identify business opportunities that would provide revenue resources and profits by monitoring industry trends and public demands. A cost accounting manager must have excellent analytical skills and accounting principles knowledge, especially in resolving account and expense discrepancies.
Banking center managers and cost accounting managers have different pay scales, as shown below.
| Banking Center Manager | Cost Accounting Manager | |
| Average salary | $128,585 | $89,286 |
| Salary range | Between $95,000 And $173,000 | Between $67,000 And $118,000 |
| Highest paying City | - | Boston, MA |
| Highest paying state | - | Connecticut |
| Best paying company | - | Microsoft |
| Best paying industry | - | Manufacturing |
There are a few differences between a banking center manager and a cost accounting manager in terms of educational background:
| Banking Center Manager | Cost Accounting Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 78% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between banking center managers' and cost accounting managers' demographics:
| Banking Center Manager | Cost Accounting Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 47.0% Female, 53.0% | Male, 71.7% Female, 28.3% |
| Race ratio | Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.3% White, 63.9% American Indian and Alaska Native, 0.3% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 9.2% White, 64.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |