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Banking center manager vs finance manager

The differences between banking center 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 a banking center manager and a finance manager. Additionally, a banking center manager has an average salary of $128,585, which is higher than the $101,374 average annual salary of a finance manager.

The top three skills for a banking center manager include business development, bank products and bank policies. The most important skills for a finance manager are financial analysis, CPA, and customer service.

Banking center manager vs finance manager overview

Banking Center ManagerFinance Manager
Yearly salary$128,585$101,374
Hourly rate$61.82$48.74
Growth rate17%17%
Number of jobs87,078125,345
Job satisfaction-5
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 66%
Average age4646
Years of experience88

What does a banking center manager do?

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.

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.

Banking center manager vs finance manager salary

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

Banking Center ManagerFinance Manager
Average salary$128,585$101,374
Salary rangeBetween $95,000 And $173,000Between $71,000 And $144,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Barclays
Best paying industry-Finance

Differences between banking center manager and finance manager education

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

Banking Center ManagerFinance Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Banking center manager vs finance manager demographics

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

Banking Center ManagerFinance Manager
Average age4646
Gender ratioMale, 47.0% Female, 53.0%Male, 60.0% Female, 40.0%
Race ratioBlack 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, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between banking center manager and finance manager duties and responsibilities

Banking center manager example responsibilities.

  • Manage and increases the efficiency of support services such as human resources, develops individual program budgets; handles payroll.
  • Manage local beauty-supply branch and are responsible for performing payroll, completing all store inventory, and hiring new employees.
  • Support clinicians by regularly communicating on center s status, managing patient correspondence, fulfilling pharmaceutical needs, and discharging patients.
  • Assure compliance with AABB, JCAHO, FDA, CLIA, OSHA, and NAACLS standards.
  • Review daily, monthly QC, and temp checks.
  • Ensure compliance with governing agencies such as CLIA, API, OSHA and AABB.
  • 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

Banking center manager vs finance manager skills

Common banking center manager skills
  • Business Development, 7%
  • Bank Products, 7%
  • Bank Policies, 6%
  • Customer Relationships, 6%
  • Regulatory Compliance, 4%
  • Secrecy, 4%
Common finance manager skills
  • Financial Analysis, 7%
  • CPA, 7%
  • Customer Service, 6%
  • Hyperion, 4%
  • Financial Models, 4%
  • Strong Analytical, 4%

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