Post job

Closing manager vs dept manager

The differences between closing managers and dept managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a closing manager and a dept manager. Additionally, a closing manager has an average salary of $60,249, which is higher than the $50,222 average annual salary of a dept manager.

The top three skills for a closing manager include customer service, cleanliness and escrow. The most important skills for a dept manager are customer service, sales floor, and pallet jack.

Closing manager vs dept manager overview

Closing ManagerDept Manager
Yearly salary$60,249$50,222
Hourly rate$28.97$24.15
Growth rate6%6%
Number of jobs107,728221,313
Job satisfaction--
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 32%
Average age4343
Years of experience66

What does a closing manager do?

A Closing Manager communicates and interacts with performance teams, Quality Review teams, and other managers to ensure staffing needs match the profit, loss, and capacity plan. They confirm that all team members meet the required work expectation quality. In addition to setting and managing production and work quality expectations, Closing Managers also use positive reinforcement, recognition, and team building activities to encourage and lead staff to success. They also control and send daily production email messages with current production issues, production tips, and more.

What does a dept manager do?

A department manager is responsible for monitoring the operations of the assigned department, ensuring the maximum productivity and optimal performance of the staff. Department managers also coordinate with business partners, clients, and customers, as well as identifying business opportunities to drive more revenues and increase profitability. They handle department budgets and maintain the proper allocation of resources to support project management and deliverables. A department manager must have excellent communication and leadership skills, managing the staff's needs, and providing excellent support.

Closing manager vs dept manager salary

Closing managers and dept managers have different pay scales, as shown below.

Closing ManagerDept Manager
Average salary$60,249$50,222
Salary rangeBetween $33,000 And $108,000Between $28,000 And $87,000
Highest paying CityNew York, NYBay Shore, NY
Highest paying stateRhode IslandRhode Island
Best paying companyBetterUPMC
Best paying industry-Retail

Differences between closing manager and dept manager education

There are a few differences between a closing manager and a dept manager in terms of educational background:

Closing ManagerDept Manager
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 32%
Most common majorBusinessBusiness
Most common collegeSUNY College of Technology at DelhiSUNY College of Technology at Delhi

Closing manager vs dept manager demographics

Here are the differences between closing managers' and dept managers' demographics:

Closing ManagerDept Manager
Average age4343
Gender ratioMale, 47.0% Female, 53.0%Male, 52.5% Female, 47.5%
Race ratioBlack or African American, 9.4% Unknown, 4.7% Hispanic or Latino, 16.9% Asian, 6.4% White, 61.9% American Indian and Alaska Native, 0.7%Black or African American, 9.2% Unknown, 4.7% Hispanic or Latino, 17.2% Asian, 6.7% White, 61.5% American Indian and Alaska Native, 0.7%
LGBT Percentage9%9%

Differences between closing manager and dept manager duties and responsibilities

Closing manager example responsibilities.

  • Manage shipping and delivering loans to FNMA.
  • Manage MERS registration of new loans, all transfers after purchase and QC for MERS.
  • Manage escrow and title operations staff and organize responsibilities.
  • Company originated/sold loans under guidelines of FNMA, FHLMC, FHA, VA, USDA and state bond programs.
  • Work closely with the on-site FNMA account managers.
  • Review in house originate residential loans for RESPA compliance.
  • Show more

Dept manager example responsibilities.

  • Manage application process and hiring of employees for seasonal photography business.
  • Implement inventory management system to effectively manage on-hands, assist with correct replenishment and maintain an acceptable level of over-stock.
  • Experience with photography including DSLR formats and small to large format film processes.
  • Process merchandise information through store computer system, POS register system and complete all require paperwork.
  • Perform fast and efficient computerize cash register/credit card POS operations, cash accountability, and drive control.
  • Assist in several other departments throughout store, such as electronics, jewelry, automotive, apparel and sporting goods.
  • Show more

Closing manager vs dept manager skills

Common closing manager skills
  • Customer Service, 22%
  • Cleanliness, 16%
  • Escrow, 4%
  • Performance Reviews, 3%
  • Food Quality, 3%
  • POS, 3%
Common dept manager skills
  • Customer Service, 33%
  • Sales Floor, 9%
  • Pallet Jack, 9%
  • Inventory Control, 6%
  • Product Knowledge, 6%
  • Payroll, 4%