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Fiscal manager vs finance planning manager

The differences between fiscal managers and finance planning 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 finance planning manager. Additionally, a finance planning manager has an average salary of $109,162, 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 finance planning manager are financial analysis, financial planning analysis, and financial models.

Fiscal manager vs finance planning manager overview

Fiscal ManagerFinance Planning Manager
Yearly salary$61,354$109,162
Hourly rate$29.50$52.48
Growth rate17%17%
Number of jobs65,132120,588
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 73%
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 a finance planning manager do?

A finance planning manager oversees the budget and finance development processes within a company. Their responsibilities revolve around analyzing financial records, participating in auditing processes, producing reports and forecasts, and coordinating with different company personnel to obtain accurate data. A finance planning manager must also utilize fiscal tools, devise new business strategies and opportunities, and keep abreast of all the company's upcoming projects. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.

Fiscal manager vs finance planning manager salary

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

Fiscal ManagerFinance Planning Manager
Average salary$61,354$109,162
Salary rangeBetween $43,000 And $85,000Between $78,000 And $152,000
Highest paying CityMerced, CASan Francisco, CA
Highest paying stateNew JerseyDelaware
Best paying companyCity of DetroitMetropolitan Water District of Southern California
Best paying industryInternetManufacturing

Differences between fiscal manager and finance planning manager education

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

Fiscal ManagerFinance Planning Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 73%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Fiscal manager vs finance planning manager demographics

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

Fiscal ManagerFinance Planning Manager
Average age4646
Gender ratioMale, 34.8% Female, 65.2%Male, 69.8% Female, 30.2%
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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between fiscal manager and finance planning 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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Finance planning manager example responsibilities.

  • Manage international income tax, insurance and treasury functions.
  • Conduct evaluations of budgeting and forecasting tools and integration with PeopleSoft ERP system achieving more efficiency in the budgeting process.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Develop and assess profitability of product lines through interpretation of financial statements and KPIs.
  • report requirements collection/analysis, reporting system design, writing SQL, building reports . )
  • Partner with other developers and analysts on best practices in Essbase and QlikView design and development.
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Fiscal manager vs finance planning 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 finance planning manager skills
  • Financial Analysis, 10%
  • Financial Planning Analysis, 8%
  • Financial Models, 7%
  • Financial Performance, 6%
  • Hyperion, 6%
  • Financial Data, 5%

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