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The differences between managers/finance accounting and administrative & 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 manager/finance accounting and an administrative & finance manager. Additionally, a manager/finance accounting has an average salary of $91,315, which is higher than the $76,989 average annual salary of an administrative & finance manager.
The top three skills for a manager/finance accounting include customer service, CPA and GAAP. The most important skills for an administrative & finance manager are payroll processing, human resources, and oversight.
| Manager/Finance Accounting | Administrative & Finance Manager | |
| Yearly salary | $91,315 | $76,989 |
| Hourly rate | $43.90 | $37.01 |
| Growth rate | 17% | 17% |
| Number of jobs | 132,824 | 143,109 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 63% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A manager of finance accounting's role is to oversee the financial activities in a company or organization. Their responsibilities revolve around coordinating with other departments to gather financial data, analyze the revenues and expenditures, and develop written reports and presentations. A manager of finance accounting must also maintain accurate financial records, identify any errors or inconsistencies, and perform support tasks for staff when necessary. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
An administrative and finance manager handles a company's expenditures, requests, invoices, and other financial documentation. Their primary duty is to oversee a finance team's daily work. Additionally, they must coordinate financial staff, ensure that orders from management are carried out, complete the company's financial statements, and provide tax data for the legal department.
Managers/finance accounting and administrative & finance managers have different pay scales, as shown below.
| Manager/Finance Accounting | Administrative & Finance Manager | |
| Average salary | $91,315 | $76,989 |
| Salary range | Between $65,000 And $127,000 | Between $55,000 And $107,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | Connecticut | New York |
| Best paying company | Mayo Clinic | Meta |
| Best paying industry | Government | Insurance |
There are a few differences between a manager/finance accounting and an administrative & finance manager in terms of educational background:
| Manager/Finance Accounting | Administrative & Finance Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 63% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers/finance accounting' and administrative & finance managers' demographics:
| Manager/Finance Accounting | Administrative & Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 54.9% Female, 45.1% | Male, 50.7% Female, 49.3% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |