Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between cost accounting 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 cost accounting manager and a finance center manager. Additionally, a cost accounting manager has an average salary of $89,286, which is higher than the $58,763 average annual salary of a finance center manager.
The top three skills for a cost accounting manager include variance analysis, financial analysis and reconciliations. The most important skills for a finance center manager are customer service, exceptional client, and financial services.
| Cost Accounting Manager | Finance Center Manager | |
| Yearly salary | $89,286 | $58,763 |
| Hourly rate | $42.93 | $28.25 |
| Growth rate | 17% | 17% |
| Number of jobs | 61,135 | 151,642 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A cost accounting manager is responsible for analyzing and evaluating pricing and costing systems of the goods and services of an organization, ensuring its adherence to the internal guidelines and state regulations. Cost accounting managers review business and financial transactions to generate accounting reports for management reference. They also identify business opportunities that would provide revenue resources and profits by monitoring industry trends and public demands. A cost accounting manager must have excellent analytical skills and accounting principles knowledge, especially in resolving account and expense discrepancies.
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.
Cost accounting managers and finance center managers have different pay scales, as shown below.
| Cost Accounting Manager | Finance Center Manager | |
| Average salary | $89,286 | $58,763 |
| Salary range | Between $67,000 And $118,000 | Between $33,000 And $104,000 |
| Highest paying City | Boston, MA | - |
| Highest paying state | Connecticut | - |
| Best paying company | Microsoft | - |
| Best paying industry | Manufacturing | - |
There are a few differences between a cost accounting manager and a finance center manager in terms of educational background:
| Cost Accounting Manager | Finance Center Manager | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 71% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between cost accounting managers' and finance center managers' demographics:
| Cost Accounting Manager | Finance Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 71.7% Female, 28.3% | Male, 49.1% Female, 50.9% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 9.2% White, 64.2% 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% |