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The differences between budget 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 a budget manager and a finance center manager. Additionally, a budget manager has an average salary of $76,243, which is higher than the $58,763 average annual salary of a finance center manager.
The top three skills for a budget manager include financial analysis, budget management and financial management. The most important skills for a finance center manager are customer service, exceptional client, and financial services.
| Budget Manager | Finance Center Manager | |
| Yearly salary | $76,243 | $58,763 |
| Hourly rate | $36.66 | $28.25 |
| Growth rate | 17% | 17% |
| Number of jobs | 68,816 | 151,642 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Budget managers are financial professionals who are responsible for evaluating the financial needs of an organization by developing budget strategies to increase profitability. These managers are must observe the financial trends with the organization's expenditure while communicating budget issues with the different departments within the organization. They are required to formulate strategic business plans by analyzing previous budgets and financial developments that may impact their potential income. Budget managers must also produce expenditure reports for the upper management as well as informing department managers about the availability of funds.
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.
Budget managers and finance center managers have different pay scales, as shown below.
| Budget Manager | Finance Center Manager | |
| Average salary | $76,243 | $58,763 |
| Salary range | Between $52,000 And $110,000 | Between $33,000 And $104,000 |
| Highest paying City | Sacramento, CA | - |
| Highest paying state | New York | - |
| Best paying company | Apple | - |
| Best paying industry | Manufacturing | - |
There are a few differences between a budget manager and a finance center manager in terms of educational background:
| Budget Manager | Finance Center Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between budget managers' and finance center managers' demographics:
| Budget Manager | Finance Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 59.1% Female, 40.9% | Male, 49.1% Female, 50.9% |
| Race ratio | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 9.0% White, 63.9% 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% |