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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 | Administrative & Finance Manager | |
| Yearly salary | $61,354 | $76,989 |
| Hourly rate | $29.50 | $37.01 |
| Growth rate | 17% | 17% |
| Number of jobs | 65,132 | 143,109 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 63% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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 managers and administrative & finance managers have different pay scales, as shown below.
| Fiscal Manager | Administrative & Finance Manager | |
| Average salary | $61,354 | $76,989 |
| Salary range | Between $43,000 And $85,000 | Between $55,000 And $107,000 |
| Highest paying City | Merced, CA | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | City of Detroit | Meta |
| Best paying industry | Internet | Insurance |
There are a few differences between a fiscal manager and an administrative & finance manager in terms of educational background:
| Fiscal Manager | Administrative & Finance Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 63% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between fiscal managers' and administrative & finance managers' demographics:
| Fiscal Manager | Administrative & Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 34.8% Female, 65.2% | Male, 50.7% Female, 49.3% |
| Race ratio | Black 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 Percentage | 11% | 11% |