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The differences between finance managers 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 manager and a finance/sales manager. Additionally, a finance/sales manager has an average salary of $110,604, which is higher than the $101,374 average annual salary of a finance manager.
The top three skills for a finance manager include financial analysis, CPA and customer service. The most important skills for a finance/sales manager are customer service, sales professionals, and vehicle inventory.
| Finance Manager | Finance/Sales Manager | |
| Yearly salary | $101,374 | $110,604 |
| Hourly rate | $48.74 | $53.17 |
| Growth rate | 17% | 5% |
| Number of jobs | 125,345 | 149,917 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 55% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.
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 managers and finance/sales managers have different pay scales, as shown below.
| Finance Manager | Finance/Sales Manager | |
| Average salary | $101,374 | $110,604 |
| Salary range | Between $71,000 And $144,000 | Between $68,000 And $179,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Oregon |
| Best paying company | Barclays | Apple |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a finance manager and a finance/sales manager in terms of educational background:
| Finance Manager | Finance/Sales Manager | |
| Most common degree | Bachelor's Degree, 66% | 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 managers' and finance/sales managers' demographics:
| Finance Manager | Finance/Sales Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 60.0% Female, 40.0% | Male, 84.0% Female, 16.0% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% 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% |