Post job

Closing manager vs manager

The differences between closing managers and 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 manager. Additionally, a closing manager has an average salary of $60,249, which is higher than the $58,651 average annual salary of a manager.

The top three skills for a closing manager include customer service, cleanliness and escrow. The most important skills for a manager are customer service, payroll, and food safety.

Closing manager vs manager overview

Closing ManagerManager
Yearly salary$60,249$58,651
Hourly rate$28.97$28.20
Growth rate6%6%
Number of jobs107,7281,236,194
Job satisfaction-4.57
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 49%
Average age4344
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 manager do?

Managers are responsible for a specific department, function, or employee group. They oversee their assigned departments and all the employees under the department. Managers are responsible that the department they are handling is functioning well. They set the department goals and the steps they must take to achieve the goals. They are also in charge of assessing the performance of their departments and their employees. Additionally, managers are responsible for interviewing prospective candidates for department vacancies and assessing their fit to the needs of the department. Managers also set the general working environment in the department, and they are expected to ensure that their employees remain motivated.

Closing manager vs manager salary

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

Closing ManagerManager
Average salary$60,249$58,651
Salary rangeBetween $33,000 And $108,000Between $37,000 And $92,000
Highest paying CityNew York, NY-
Highest paying stateRhode IslandNew Jersey
Best paying companyBetter-
Best paying industry-Finance

Differences between closing manager and manager education

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

Closing ManagerManager
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 49%
Most common majorBusinessBusiness
Most common collegeSUNY College of Technology at DelhiUniversity of Pennsylvania

Closing manager vs manager demographics

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

Closing ManagerManager
Average age4344
Gender ratioMale, 47.0% Female, 53.0%Male, 51.0% Female, 49.0%
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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5%
LGBT Percentage9%10%

Differences between closing manager and 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

Manager example responsibilities.

  • Manage both BOH and FOH operations exceeding company specifications.
  • Manage logistics and security for high net worth individuals and corporations.
  • Manage budgets and payroll records, review financial transactions to assure expenditures are authorize and budget.
  • Guide and manage the administrative day-to-day academic program and the implementation of strategies by providing leadership to faculty and staff.
  • Provide leadership and direction to facility management and program owners while motivating and interacting with employees to achieve continuous improvement.
  • Customer-Orient with experience with POS systems, food preparation and safety regulations.
  • Show more

Closing manager vs manager skills

Common closing manager skills
  • Customer Service, 22%
  • Cleanliness, 16%
  • Escrow, 4%
  • Performance Reviews, 3%
  • Food Quality, 3%
  • POS, 3%
Common manager skills
  • Customer Service, 19%
  • Payroll, 9%
  • Food Safety, 8%
  • Financial Statements, 4%
  • Management, 4%
  • PowerPoint, 4%