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Finance/office manager vs business manager-finance manager

The differences between finance/office managers and business manager-finance 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/office manager and a business manager-finance manager. Additionally, a business manager-finance manager has an average salary of $106,036, which is higher than the $76,827 average annual salary of a finance/office manager.

The top three skills for a finance/office manager include payroll processing, office procedures and customer service. The most important skills for a business manager-finance manager are financial analysis, project management, and financial management.

Finance/office manager vs business manager-finance manager overview

Finance/Office ManagerBusiness Manager-Finance Manager
Yearly salary$76,827$106,036
Hourly rate$36.94$50.98
Growth rate17%17%
Number of jobs135,729180,161
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 64%
Average age4646
Years of experience88

Finance/office manager vs business manager-finance manager salary

Finance/office managers and business manager-finance managers have different pay scales, as shown below.

Finance/Office ManagerBusiness Manager-Finance Manager
Average salary$76,827$106,036
Salary rangeBetween $48,000 And $122,000Between $73,000 And $152,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-ZS
Best paying industry-Finance

Differences between finance/office manager and business manager-finance manager education

There are a few differences between a finance/office manager and a business manager-finance manager in terms of educational background:

Finance/Office ManagerBusiness Manager-Finance Manager
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance/office manager vs business manager-finance manager demographics

Here are the differences between finance/office managers' and business manager-finance managers' demographics:

Finance/Office ManagerBusiness Manager-Finance Manager
Average age4646
Gender ratioMale, 18.4% Female, 81.6%Male, 58.8% Female, 41.2%
Race ratioBlack or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.6% White, 64.5% American Indian and Alaska Native, 0.3%Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between finance/office manager and business manager-finance manager duties and responsibilities

Finance/office manager example responsibilities.

  • Manage procedural implementation for transition of office to HIPPA regulatory compliance and Medicare PQRI guidelines.
  • Prepare year-end summary information for preparation of corporate tax returns on a cash basis by third party CPA.
  • Organize audit and tax schedules and deal with any queries from the contracted CPA firm.
  • Process A/P & A/R's, invoices, various documents, process checks/balance bank account, in QuickBooks.
  • Maintain all corporate financial records using QuickBooks.
  • Perform accounts receivable duties including invoicing, discrepancies, issuing credit memos, reconciliations and responding to customer requests for documentation
  • Show more

Business manager-finance manager example responsibilities.

  • Project manage implementation of ERP forecasting and budgeting system.
  • Manage accounting operations, accounting period closing, account reporting, and reconciliations.
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
  • Execute all aspects of management including payroll, A/R, A/P and OSHA.
  • Establish, coordinate, and supervise treasury functions and international currency management for multiple foreign currency accounts in various countries.
  • Show more

Finance/office manager vs business manager-finance manager skills

Common finance/office manager skills
  • Payroll Processing, 19%
  • Office Procedures, 12%
  • Customer Service, 9%
  • Human Resources, 4%
  • Accounts Receivables, 3%
  • General Ledger, 3%
Common business manager-finance manager skills
  • Financial Analysis, 12%
  • Project Management, 5%
  • Financial Management, 4%
  • Oversight, 4%
  • Shared Services, 3%
  • Process Improvement, 3%

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