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Finance executive vs finance supervisor

The differences between finance executives and finance supervisors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a finance executive, becoming a finance supervisor takes usually requires 2-4 years. Additionally, a finance executive has an average salary of $110,830, which is higher than the $76,387 average annual salary of a finance supervisor.

The top three skills for a finance executive include financial statements, financial services and portfolio. The most important skills for a finance supervisor are customer service, patients, and reconciliations.

Finance executive vs finance supervisor overview

Finance ExecutiveFinance Supervisor
Yearly salary$110,830$76,387
Hourly rate$53.28$36.72
Growth rate17%6%
Number of jobs137,40080,296
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 68%
Average age4644
Years of experience84

What does a finance executive do?

Finance executives oversee an organization's money and profit. They are responsible for overseeing the income and expenses of the business' money transactions. These executives evaluate financial reports such as cash-flow statements, tax planning, and budgeting. Sometimes, finance executives manage a staff of finance clerks, hire new staff, and develop schedules. They work full-time in an office, but they also often work beyond regular business hours. As for qualifications, finance executives must have at least a bachelor's degree and a considerable length of work experience in the business field.

What does a finance supervisor do?

A finance supervisor is typically in charge of overseeing the budgets and financial activities of a company. Among their responsibilities include coordinating with different departments to gather and analyze financial data, performing audits and assessments, preparing and presenting financial reports and budget plans, updating databases, and developing strategies to optimize the finance department's operations. Moreover, as a supervisor, it is essential to lead and encourage the finance staff to reach goals, all while enforcing the company's policies and regulations.

Finance executive vs finance supervisor salary

Finance executives and finance supervisors have different pay scales, as shown below.

Finance ExecutiveFinance Supervisor
Average salary$110,830$76,387
Salary rangeBetween $68,000 And $178,000Between $55,000 And $104,000
Highest paying CityWest Babylon, NYJersey City, NJ
Highest paying stateNew YorkNew Jersey
Best paying companyApplePacific Gas and Electric
Best paying industryGovernmentAutomotive

Differences between finance executive and finance supervisor education

There are a few differences between a finance executive and a finance supervisor in terms of educational background:

Finance ExecutiveFinance Supervisor
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 68%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance executive vs finance supervisor demographics

Here are the differences between finance executives' and finance supervisors' demographics:

Finance ExecutiveFinance Supervisor
Average age4644
Gender ratioMale, 63.3% Female, 36.7%Male, 47.2% Female, 52.8%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 64.0% American Indian and Alaska Native, 0.3%Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage11%7%

Differences between finance executive and finance supervisor duties and responsibilities

Finance executive example responsibilities.

  • Manage financial statements and work independently to produce accurate records for petty cash, bank reconciliations, and data inventory.
  • Experience in ERP implementation when A/R module are migrated from old system to new PS system.
  • Improve financial results $50 million (GAAP) in 2000 over 1999 and generate the first profit in four years.
  • Assist with compliance with SOX requirements by improving internal protocols and documentation procedures.
  • Reorganize accounting department according to SOX guidelines along with recommendations for improving processes.
  • Develop decision matrix and flowcharts for a revise financial and manufacturing system within current ERP software.
  • Show more

Finance supervisor example responsibilities.

  • Lead financial planning & analysis, accounting/general ledger operations and GAAP financial reporting for multiple locations.
  • Supervise month-end close activities, including reviewing journal entries, account reconciliations, financial statement preparation, inventory and capital.
  • Create and update Hyperion reports for various departmental needs.
  • Prepare and update SOX and internal policies and procedures quarterly for the accounting department.
  • Conduct audits of processes to determine compliance with prescribe procedures, accuracy of records and SOX.
  • Team leader for the accounting department during the upgrade of the company's ERP system from FP2 to FP7.
  • Show more

Finance executive vs finance supervisor skills

Common finance executive skills
  • Financial Statements, 18%
  • Financial Services, 12%
  • Portfolio, 12%
  • Financial Products, 3%
  • Real Estate, 3%
  • Insurance Products, 3%
Common finance supervisor skills
  • Customer Service, 13%
  • Patients, 6%
  • Reconciliations, 6%
  • Internal Controls, 6%
  • Strong Analytical, 6%
  • Payroll, 5%

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