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The differences between finance center managers and finance planning 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 finance planning manager. Additionally, a finance planning manager has an average salary of $109,162, 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 planning manager are financial analysis, financial planning analysis, and financial models.
| Finance Center Manager | Finance Planning Manager | |
| Yearly salary | $58,763 | $109,162 |
| Hourly rate | $28.25 | $52.48 |
| Growth rate | 17% | 17% |
| Number of jobs | 151,642 | 120,588 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
A finance planning manager oversees the budget and finance development processes within a company. Their responsibilities revolve around analyzing financial records, participating in auditing processes, producing reports and forecasts, and coordinating with different company personnel to obtain accurate data. A finance planning manager must also utilize fiscal tools, devise new business strategies and opportunities, and keep abreast of all the company's upcoming projects. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
Finance center managers and finance planning managers have different pay scales, as shown below.
| Finance Center Manager | Finance Planning Manager | |
| Average salary | $58,763 | $109,162 |
| Salary range | Between $33,000 And $104,000 | Between $78,000 And $152,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Delaware |
| Best paying company | - | Metropolitan Water District of Southern California |
| Best paying industry | - | Manufacturing |
There are a few differences between a finance center manager and a finance planning manager in terms of educational background:
| Finance Center Manager | Finance Planning Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance center managers' and finance planning managers' demographics:
| Finance Center Manager | Finance Planning Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 49.1% Female, 50.9% | Male, 69.8% Female, 30.2% |
| Race ratio | 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% | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |