Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between fiscal managers and cash 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 cash manager. Additionally, a cash manager has an average salary of $93,363, 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 cash manager are customer service, cash management, and treasury.
| Fiscal Manager | Cash Manager | |
| Yearly salary | $61,354 | $93,363 |
| Hourly rate | $29.50 | $44.89 |
| Growth rate | 17% | 17% |
| Number of jobs | 65,132 | 60,517 |
| 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 cash manager is responsible for monitoring cash flow, analyzing financial transactions, and allocating adequate budget and resources for every department's operations. Cash managers conduct data and statistical analysis to determine the company's expenses and financial loss and strategize techniques in minimizing those risks. They also help senior management in identifying business opportunities that would generate more revenue resources and increase profits for the business. A cash manager handles billing disputes, resolves account discrepancies, and submits accurate financial reports.
Fiscal managers and cash managers have different pay scales, as shown below.
| Fiscal Manager | Cash Manager | |
| Average salary | $61,354 | $93,363 |
| Salary range | Between $43,000 And $85,000 | Between $66,000 And $130,000 |
| Highest paying City | Merced, CA | Redding, CA |
| Highest paying state | New Jersey | California |
| Best paying company | City of Detroit | PVH |
| Best paying industry | Internet | Manufacturing |
There are a few differences between a fiscal manager and a cash manager in terms of educational background:
| Fiscal Manager | Cash 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 cash managers' demographics:
| Fiscal Manager | Cash Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 34.8% Female, 65.2% | Male, 38.2% Female, 61.8% |
| 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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 8.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |