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Fiscal manager vs administrative & finance manager

The differences between fiscal managers and administrative & 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 fiscal manager and an administrative & finance manager. Additionally, an administrative & finance manager has an average salary of $76,989, which is higher than the $61,354 average annual salary of a fiscal manager.

The top three skills for a fiscal manager include fiscal management, payroll taxes and general ledger. The most important skills for an administrative & finance manager are payroll processing, human resources, and oversight.

Fiscal manager vs administrative & finance manager overview

Fiscal ManagerAdministrative & Finance Manager
Yearly salary$61,354$76,989
Hourly rate$29.50$37.01
Growth rate17%17%
Number of jobs65,132143,109
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 63%
Average age4646
Years of experience88

What does a fiscal manager do?

A fiscal manager supervises branch inventory project design to reinforce inventory levels by implementing the newest procedures and installation of software. A part of his/her or her duties and responsibilities are to execute all bookkeeping payroll functions which include employee pay adjustment processing and electronic deposits. Fiscal managers provide general oversight of monetary reporting and auditing of subcontract agencies to make sure fiscal compliance with contractual and funder requirements. They maintain individual files for every vendor or subcontractor invoices, analyze and archive vendor statements and solve billing discrepancies.

What does an administrative & finance manager do?

An administrative and finance manager handles a company's expenditures, requests, invoices, and other financial documentation. Their primary duty is to oversee a finance team's daily work. Additionally, they must coordinate financial staff, ensure that orders from management are carried out, complete the company's financial statements, and provide tax data for the legal department.

Fiscal manager vs administrative & finance manager salary

Fiscal managers and administrative & finance managers have different pay scales, as shown below.

Fiscal ManagerAdministrative & Finance Manager
Average salary$61,354$76,989
Salary rangeBetween $43,000 And $85,000Between $55,000 And $107,000
Highest paying CityMerced, CANew York, NY
Highest paying stateNew JerseyNew York
Best paying companyCity of DetroitMeta
Best paying industryInternetInsurance

Differences between fiscal manager and administrative & finance manager education

There are a few differences between a fiscal manager and an administrative & finance manager in terms of educational background:

Fiscal ManagerAdministrative & Finance Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 63%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Fiscal manager vs administrative & finance manager demographics

Here are the differences between fiscal managers' and administrative & finance managers' demographics:

Fiscal ManagerAdministrative & Finance Manager
Average age4646
Gender ratioMale, 34.8% Female, 65.2%Male, 50.7% Female, 49.3%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.8% White, 63.9% American Indian and Alaska Native, 0.3%Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between fiscal manager and administrative & finance manager duties and responsibilities

Fiscal manager example responsibilities.

  • Manage the annual audit process; working with auditors to ensure programs compliance and GAAP.
  • Manage accounting operations, accounting close, account reporting & reconciliations.
  • Manage bank reconciliations, financial analysis, and monthly reporting, ensuring accuracy and completeness of data.
  • Coordinate annual audit with CPA firm.
  • Close financial activity and prepare monthly financial statements in accordance with GAAP.
  • Provide general oversight of financial reporting and auditing of subcontract agencies to ensure fiscal compliance with contractual and funder requirements.
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Administrative & finance manager example responsibilities.

  • Manage payroll and organizational projects using QuickBooks for non-profits.
  • Process bi-weekly payroll utilizing QuickBooks and manage financial and clinical performance.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Prepare monthly and annual financial statements along with supporting schedules resulting in minimal follow up by external CPA's.
  • Work closely with the CPA firm to ensure proper income tax filing and keep the company books flowing smoothly.
  • Direct ERP system implementation, establish beginning balances and database information, and train users on applications and requirements.
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Fiscal manager vs administrative & finance manager skills

Common fiscal manager skills
  • Fiscal Management, 8%
  • Payroll Taxes, 6%
  • General Ledger, 5%
  • Federal Regulations, 4%
  • Fiscal Policies, 4%
  • Journal Entries, 4%
Common administrative & finance manager skills
  • Payroll Processing, 10%
  • Human Resources, 7%
  • Oversight, 7%
  • Administrative Procedures, 6%
  • Financial Management, 5%
  • Financial Analysis, 5%

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