Post job

Closing manager vs stock manager

The differences between closing managers and stock 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 stock manager. Additionally, a stock manager has an average salary of $120,096, which is higher than the $60,249 average annual salary of a closing manager.

The top three skills for a closing manager include customer service, cleanliness and escrow. The most important skills for a stock manager are sales floor, store operations, and customer service.

Closing manager vs stock manager overview

Closing ManagerStock Manager
Yearly salary$60,249$120,096
Hourly rate$28.97$57.74
Growth rate6%1%
Number of jobs107,728183,274
Job satisfaction--
Most common degreeBachelor's Degree, 42%High School Diploma, 34%
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 stock manager do?

A stock manager works in warehouses, manufacturing units, or retail stores. They maintain product inventories through computer systems. They are also responsible for receiving and sending shipments. This position requires a degree in business.

Closing manager vs stock manager salary

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

Closing ManagerStock Manager
Average salary$60,249$120,096
Salary rangeBetween $33,000 And $108,000Between $87,000 And $164,000
Highest paying CityNew York, NYBelleville, NJ
Highest paying stateRhode IslandRhode Island
Best paying companyBetterMichael Kors
Best paying industry-Technology

Differences between closing manager and stock manager education

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

Closing ManagerStock Manager
Most common degreeBachelor's Degree, 42%High School Diploma, 34%
Most common majorBusinessBusiness
Most common collegeSUNY College of Technology at DelhiSUNY College of Technology at Delhi

Closing manager vs stock manager demographics

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

Closing ManagerStock Manager
Average age4343
Gender ratioMale, 47.0% Female, 53.0%Male, 73.5% Female, 26.5%
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, 8.5% Unknown, 4.6% Hispanic or Latino, 18.0% Asian, 7.0% White, 61.3% American Indian and Alaska Native, 0.7%
LGBT Percentage9%9%

Differences between closing manager and stock 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

Stock manager example responsibilities.

  • Maintain department by establishing merchandising goals, managing inventory control, and maintaining department organization and cleanliness.
  • Ensure VIP rooms are immaculate prior to guests' arrivals.
  • Rotate coffee, pastries and other perishables to keep freshness daily.
  • Process payroll, scheduling, training, recruitment and hiring of all new employees.
  • Cash handling experience: POS knowledge, nightly deposits, experience with GARDA and other money handling, balancing tills.
  • Utilize expertise in POS system in preparation and record keeping of inventories, prices, expenditures, shipments and shortages.
  • Show more

Closing manager vs stock manager skills

Common closing manager skills
  • Customer Service, 22%
  • Cleanliness, 16%
  • Escrow, 4%
  • Performance Reviews, 3%
  • Food Quality, 3%
  • POS, 3%
Common stock manager skills
  • Sales Floor, 21%
  • Store Operations, 20%
  • Customer Service, 11%
  • Inventory Management, 8%
  • Loss Prevention, 6%
  • Stock Merchandise, 4%