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Finance center manager vs finance leader

The differences between finance center managers and finance leaders 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 finance leader. Additionally, a finance leader has an average salary of $117,284, 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 finance leader are financial analysis, financial management, and business development.

Finance center manager vs finance leader overview

Finance Center ManagerFinance Leader
Yearly salary$58,763$117,284
Hourly rate$28.25$56.39
Growth rate17%17%
Number of jobs151,64293,582
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
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 finance leader do?

The duties of a finance leader depend on one's place or industry of employment. Typically, their responsibilities revolve around monitoring the sales and financial operations in a company, preparing financial reports and statements, finding new sales opportunities, identifying the market and client needs, and maintaining records of all financial transactions. There are also instances where a finance leader may set and allocate budgets, perform audits in costs and expenditures, all while implementing the company's policies and regulations.

Finance center manager vs finance leader salary

Finance center managers and finance leaders have different pay scales, as shown below.

Finance Center ManagerFinance Leader
Average salary$58,763$117,284
Salary rangeBetween $33,000 And $104,000Between $78,000 And $174,000
Highest paying City-San Francisco, CA
Highest paying state-Oregon
Best paying company-Apple
Best paying industry-Finance

Differences between finance center manager and finance leader education

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

Finance Center ManagerFinance Leader
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance center manager vs finance leader demographics

Here are the differences between finance center managers' and finance leaders' demographics:

Finance Center ManagerFinance Leader
Average age4646
Gender ratioMale, 49.1% Female, 50.9%Male, 60.0% Female, 40.0%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between finance center manager and finance leader 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

Finance leader example responsibilities.

  • Manage and coordinate annual GAAP audit of corporation financial statements.
  • Manage impairment and trouble debt restructures identification & measurement process in compliance with regulatory and GAAP guidance.
  • Participate in Lawson ERP implementation and training resources for corporate and site finance group.
  • Create superior back office business processes in conjunction with JD Edwards ERP implementation team.
  • Recruit by the CFO to support the growth and development of the Americas business.
  • Review, interpret, and approve budgets for all trade promotion events in the Americas.
  • Show more

Finance center manager vs finance leader 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 finance leader skills
  • Financial Analysis, 8%
  • Financial Management, 5%
  • Business Development, 5%
  • Financial Performance, 4%
  • Strong Analytical, 4%
  • HR, 4%

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