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The differences between fiscal managers and senior 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 senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, 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 senior finance manager are hyperion, financial performance, and financial analysis.
| Fiscal Manager | Senior Finance Manager | |
| Yearly salary | $61,354 | $133,358 |
| Hourly rate | $29.50 | $64.11 |
| Growth rate | 17% | 17% |
| Number of jobs | 65,132 | 139,639 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 68% |
| 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 senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.
Fiscal managers and senior finance managers have different pay scales, as shown below.
| Fiscal Manager | Senior Finance Manager | |
| Average salary | $61,354 | $133,358 |
| Salary range | Between $43,000 And $85,000 | Between $95,000 And $185,000 |
| Highest paying City | Merced, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | City of Detroit | Roku |
| Best paying industry | Internet | Professional |
There are a few differences between a fiscal manager and a senior finance manager in terms of educational background:
| Fiscal Manager | Senior Finance Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 68% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between fiscal managers' and senior finance managers' demographics:
| Fiscal Manager | Senior Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 34.8% Female, 65.2% | Male, 70.3% Female, 29.7% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |