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The differences between finance supervisors and finance leaders can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a finance supervisor, becoming a finance leader takes usually requires 6-8 years. Additionally, a finance leader has an average salary of $117,284, which is higher than the $76,387 average annual salary of a finance supervisor.
The top three skills for a finance supervisor include customer service, patients and reconciliations. The most important skills for a finance leader are financial analysis, financial management, and business development.
| Finance Supervisor | Finance Leader | |
| Yearly salary | $76,387 | $117,284 |
| Hourly rate | $36.72 | $56.39 |
| Growth rate | 6% | 17% |
| Number of jobs | 80,296 | 93,582 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 69% |
| Average age | 44 | 46 |
| Years of experience | 4 | 8 |
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.
The duties of a finance leader depend on one's place or industry of employment. Typically, their responsibilities revolve around monitoring the sales and financial operations in a company, preparing financial reports and statements, finding new sales opportunities, identifying the market and client needs, and maintaining records of all financial transactions. There are also instances where a finance leader may set and allocate budgets, perform audits in costs and expenditures, all while implementing the company's policies and regulations.
Finance supervisors and finance leaders have different pay scales, as shown below.
| Finance Supervisor | Finance Leader | |
| Average salary | $76,387 | $117,284 |
| Salary range | Between $55,000 And $104,000 | Between $78,000 And $174,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Jersey | Oregon |
| Best paying company | Pacific Gas and Electric | Apple |
| Best paying industry | Automotive | Finance |
There are a few differences between a finance supervisor and a finance leader in terms of educational background:
| Finance Supervisor | Finance Leader | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 69% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance supervisors' and finance leaders' demographics:
| Finance Supervisor | Finance Leader | |
| Average age | 44 | 46 |
| Gender ratio | Male, 47.2% Female, 52.8% | Male, 60.0% Female, 40.0% |
| Race ratio | 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% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |