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The differences between finance management specialists 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 finance management specialist and a finance center manager. Additionally, a finance management specialist has an average salary of $70,219, which is higher than the $58,763 average annual salary of a finance center manager.
The top three skills for a finance management specialist include financial resources, financial reports and financial data. The most important skills for a finance center manager are customer service, exceptional client, and financial services.
| Finance Management Specialist | Finance Center Manager | |
| Yearly salary | $70,219 | $58,763 |
| Hourly rate | $33.76 | $28.25 |
| Growth rate | 17% | 17% |
| Number of jobs | 143,820 | 151,642 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A finance management specialist is in charge of overseeing and managing a company's financial activities, ensuring accuracy and smooth workflow. They typically coordinate with different departments to gather accurate data, manage budgets and schedules, prepare cost and budget reports, and assess existing procedures to identify areas needing improvement. They must also maintain extensive records, produce sales forecasts, and participate in creating financial goals and objectives. Furthermore, as a finance management specialist, it is essential to develop strategies to optimize financial operations, all while implementing the company's policies and regulations.
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.
Finance management specialists and finance center managers have different pay scales, as shown below.
| Finance Management Specialist | Finance Center Manager | |
| Average salary | $70,219 | $58,763 |
| Salary range | Between $48,000 And $101,000 | Between $33,000 And $104,000 |
| Highest paying City | Washington, DC | - |
| Highest paying state | New York | - |
| Best paying company | PayPal | - |
| Best paying industry | Government | - |
There are a few differences between a finance management specialist and a finance center manager in terms of educational background:
| Finance Management Specialist | Finance Center Manager | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance management specialists' and finance center managers' demographics:
| Finance Management Specialist | Finance Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 52.1% Female, 47.9% | Male, 49.1% Female, 50.9% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.1% White, 63.6% 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% |