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The differences between fiscal managers and cost accounting 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 cost accounting manager. Additionally, a cost accounting manager has an average salary of $89,286, 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 cost accounting manager are variance analysis, financial analysis, and reconciliations.
| Fiscal Manager | Cost Accounting Manager | |
| Yearly salary | $61,354 | $89,286 |
| Hourly rate | $29.50 | $42.93 |
| Growth rate | 17% | 17% |
| Number of jobs | 65,132 | 61,135 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 78% |
| 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 cost accounting manager is responsible for analyzing and evaluating pricing and costing systems of the goods and services of an organization, ensuring its adherence to the internal guidelines and state regulations. Cost accounting managers review business and financial transactions to generate accounting reports for management reference. They also identify business opportunities that would provide revenue resources and profits by monitoring industry trends and public demands. A cost accounting manager must have excellent analytical skills and accounting principles knowledge, especially in resolving account and expense discrepancies.
Fiscal managers and cost accounting managers have different pay scales, as shown below.
| Fiscal Manager | Cost Accounting Manager | |
| Average salary | $61,354 | $89,286 |
| Salary range | Between $43,000 And $85,000 | Between $67,000 And $118,000 |
| Highest paying City | Merced, CA | Boston, MA |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | City of Detroit | Microsoft |
| Best paying industry | Internet | Manufacturing |
There are a few differences between a fiscal manager and a cost accounting manager in terms of educational background:
| Fiscal Manager | Cost Accounting Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 78% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between fiscal managers' and cost accounting managers' demographics:
| Fiscal Manager | Cost Accounting Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 34.8% Female, 65.2% | Male, 71.7% Female, 28.3% |
| 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 9.2% White, 64.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |