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Finance center manager vs business manager-finance manager

The differences between finance center managers and business manager-finance 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 finance center manager and a business manager-finance manager. Additionally, a business manager-finance manager has an average salary of $106,036, which is higher than the $58,763 average annual salary of a finance center manager.

The top three skills for a finance center manager include customer service, exceptional client and financial services. The most important skills for a business manager-finance manager are financial analysis, project management, and financial management.

Finance center manager vs business manager-finance manager overview

Finance Center ManagerBusiness Manager-Finance Manager
Yearly salary$58,763$106,036
Hourly rate$28.25$50.98
Growth rate17%17%
Number of jobs151,642180,161
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 64%
Average age4646
Years of experience88

What does a finance center manager do?

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.

What does a business manager-finance manager do?

A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.

Finance center manager vs business manager-finance manager salary

Finance center managers and business manager-finance managers have different pay scales, as shown below.

Finance Center ManagerBusiness Manager-Finance Manager
Average salary$58,763$106,036
Salary rangeBetween $33,000 And $104,000Between $73,000 And $152,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-ZS
Best paying industry-Finance

Differences between finance center manager and business manager-finance manager education

There are a few differences between a finance center manager and a business manager-finance manager in terms of educational background:

Finance Center ManagerBusiness Manager-Finance Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance center manager vs business manager-finance manager demographics

Here are the differences between finance center managers' and business manager-finance managers' demographics:

Finance Center ManagerBusiness Manager-Finance Manager
Average age4646
Gender ratioMale, 49.1% Female, 50.9%Male, 58.8% Female, 41.2%
Race ratioBlack 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%Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between finance center manager and business manager-finance manager duties and responsibilities

Finance center manager example responsibilities.

  • Assist in achieving strategic goals including deposit accounts, consumer loans, wealth management, and treasury products through personal production.
  • Support clinicians by regularly communicating on center s status, managing patient correspondence, fulfilling pharmaceutical needs, and discharging patients.
  • Perform extensive sales training and coaching in evaluating client needs, cross-selling appropriate products and services, and training team members.
  • Identify cross-selling opportunities and refer appropriate products.
  • Monitor authoritative guidance and conduct technical accounting research to ensure all financial statements and disclosures are presented in accordance with GAAP.
  • Service clients through referrals; deposit accounts; loans; treasury management and card services.
  • Show more

Business manager-finance manager example responsibilities.

  • Project manage implementation of ERP forecasting and budgeting system.
  • Manage accounting operations, accounting period closing, account reporting, and reconciliations.
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
  • Execute all aspects of management including payroll, A/R, A/P and OSHA.
  • Establish, coordinate, and supervise treasury functions and international currency management for multiple foreign currency accounts in various countries.
  • Show more

Finance center manager vs business manager-finance manager skills

Common finance center manager skills
  • Customer Service, 22%
  • Exceptional Client, 16%
  • Financial Services, 16%
  • Regulatory Policies, 14%
  • Operational Procedures, 13%
  • Customer Relationships, 4%
Common business manager-finance manager skills
  • Financial Analysis, 12%
  • Project Management, 5%
  • Financial Management, 4%
  • Oversight, 4%
  • Shared Services, 3%
  • Process Improvement, 3%

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