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The differences between finance management specialists and finance/sales 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/sales manager. Additionally, a finance/sales manager has an average salary of $110,604, which is higher than the $70,219 average annual salary of a finance management specialist.
The top three skills for a finance management specialist include financial resources, financial reports and financial data. The most important skills for a finance/sales manager are customer service, sales professionals, and vehicle inventory.
| Finance Management Specialist | Finance/Sales Manager | |
| Yearly salary | $70,219 | $110,604 |
| Hourly rate | $33.76 | $53.17 |
| Growth rate | 17% | 5% |
| Number of jobs | 143,820 | 149,917 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 55% |
| 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.
A finance/sales manager is primarily in charge of overseeing the financial activities and sales progress of a company. Their responsibilities revolve around managing different teams, setting goals and guidelines, performing audits, coordinating staff, and developing strategies to optimize operations. They must also resolve issues and concerns, produce progress reports, and implement solutions against vulnerable areas. Furthermore, as a finance/sales manager, it is essential to lead and encourage teams to reach goals, all while implementing the company's policies and regulations.
Finance management specialists and finance/sales managers have different pay scales, as shown below.
| Finance Management Specialist | Finance/Sales Manager | |
| Average salary | $70,219 | $110,604 |
| Salary range | Between $48,000 And $101,000 | Between $68,000 And $179,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New York | Oregon |
| Best paying company | PayPal | Apple |
| Best paying industry | Government | Manufacturing |
There are a few differences between a finance management specialist and a finance/sales manager in terms of educational background:
| Finance Management Specialist | Finance/Sales Manager | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between finance management specialists' and finance/sales managers' demographics:
| Finance Management Specialist | Finance/Sales Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 52.1% Female, 47.9% | Male, 84.0% Female, 16.0% |
| 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 7% |