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Controller/office manager vs bank manager

The differences between controller/office managers and bank managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a controller/office manager, becoming a bank manager takes usually requires 6-8 years. Additionally, a controller/office manager has an average salary of $102,143, which is higher than the $96,910 average annual salary of a bank manager.

The top three skills for a controller/office manager include reconciliations, general ledger accounts and human resources. The most important skills for a bank manager are bank products, financial services, and business development.

Controller/office manager vs bank manager overview

Controller/Office ManagerBank Manager
Yearly salary$102,143$96,910
Hourly rate$49.11$46.59
Growth rate7%17%
Number of jobs53,75566,136
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 64%
Average age4746
Years of experience68

Controller/office manager vs bank manager salary

Controller/office managers and bank managers have different pay scales, as shown below.

Controller/Office ManagerBank Manager
Average salary$102,143$96,910
Salary rangeBetween $69,000 And $149,000Between $65,000 And $142,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Accenture
Best paying industry-Finance

Differences between controller/office manager and bank manager education

There are a few differences between a controller/office manager and a bank manager in terms of educational background:

Controller/Office ManagerBank Manager
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 64%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Controller/office manager vs bank manager demographics

Here are the differences between controller/office managers' and bank managers' demographics:

Controller/Office ManagerBank Manager
Average age4746
Gender ratioMale, 22.8% Female, 77.2%Male, 48.9% Female, 51.1%
Race ratioBlack or African American, 7.7% Unknown, 5.1% Hispanic or Latino, 11.1% Asian, 5.7% White, 70.0% American Indian and Alaska Native, 0.4%Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage18%11%

Differences between controller/office manager and bank manager duties and responsibilities

Controller/office manager example responsibilities.

  • Work extensively in credit office; manage credit office, human resources, payroll, customer service and gift-wrapping services.
  • Manage AR and AP including approval of all budgets, customer credit terms, payment status, and weekly vendor payments.
  • Manage monthly financial statement close process including preparation and review of reconciliations, journal entries, supporting schedules and financial statements.
  • Complete account and bank reconciliations, prepare payroll, payroll tax reports, generate weekly/monthly/yearly budgets and forecasts.
  • Perform all accounting functions including AP, AR, payroll, general ledger through financial statements (25-30 per month).
  • Collaborate extensively with external auditors and CPA to provide in-depth assistance by streamlining accounting processes to reduce auditing costs.
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Bank manager example responsibilities.

  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Collaborate with corporate training designers and facilitators to plan, develop and execute AML and KYC relate training.
  • Handle escalations in the absence of the FCM; ensure enterprise complaint tracking own resource management for the financial center.
  • Team up with FCM and regional recruiter in interview and hiring process.
  • Perform other jobs and relate projects as assigned including mentoring sales employees to exceed assign goals by Bancorp.
  • Monitor all banking operations according to the federal rules and regulations, including performing monthly audits, and following Bancorp standards.
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Controller/office manager vs bank manager skills

Common controller/office manager skills
  • Reconciliations, 9%
  • General Ledger Accounts, 7%
  • Human Resources, 6%
  • Bank Reconciliations, 5%
  • Purchase Orders, 4%
  • Journal Entries, 4%
Common bank manager skills
  • Bank Products, 7%
  • Financial Services, 7%
  • Business Development, 6%
  • Secrecy, 6%
  • Bank Secrecy Act, 6%
  • Community Involvement, 5%

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