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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 | Finance Planning Manager | |
| Yearly salary | $61,354 | $109,162 |
| Hourly rate | $29.50 | $52.48 |
| Growth rate | 17% | 17% |
| Number of jobs | 65,132 | 120,588 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 73% |
| 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 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 managers and finance planning managers have different pay scales, as shown below.
| Fiscal Manager | Finance Planning Manager | |
| Average salary | $61,354 | $109,162 |
| Salary range | Between $43,000 And $85,000 | Between $78,000 And $152,000 |
| Highest paying City | Merced, CA | San Francisco, CA |
| Highest paying state | New Jersey | Delaware |
| Best paying company | City of Detroit | Metropolitan Water District of Southern California |
| Best paying industry | Internet | Manufacturing |
There are a few differences between a fiscal manager and a finance planning manager in terms of educational background:
| Fiscal Manager | Finance Planning Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 73% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between fiscal managers' and finance planning managers' demographics:
| Fiscal Manager | Finance Planning Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 34.8% Female, 65.2% | Male, 69.8% Female, 30.2% |
| 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, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |