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The differences between fiscal 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 fiscal 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 $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 a business manager-finance manager are financial analysis, project management, and financial management.
| Fiscal Manager | Business Manager-Finance Manager | |
| Yearly salary | $61,354 | $106,036 |
| Hourly rate | $29.50 | $50.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 65,132 | 180,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 64% |
| 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.
A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.
Fiscal managers and business manager-finance managers have different pay scales, as shown below.
| Fiscal Manager | Business Manager-Finance Manager | |
| Average salary | $61,354 | $106,036 |
| Salary range | Between $43,000 And $85,000 | Between $73,000 And $152,000 |
| Highest paying City | Merced, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | City of Detroit | ZS |
| Best paying industry | Internet | Finance |
There are a few differences between a fiscal manager and a business manager-finance manager in terms of educational background:
| Fiscal Manager | Business Manager-Finance Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 64% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between fiscal managers' and business manager-finance managers' demographics:
| Fiscal Manager | Business Manager-Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 34.8% Female, 65.2% | Male, 58.8% Female, 41.2% |
| 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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |