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Manager, finance analysis vs bank manager

The differences between managers, finance analysis and bank 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 analysis and a bank manager. Additionally, a manager, finance analysis has an average salary of $112,110, which is higher than the $96,910 average annual salary of a bank manager.

The top three skills for a manager, finance analysis include financial analysis, hyperion and portfolio. The most important skills for a bank manager are bank products, financial services, and business development.

Manager, finance analysis vs bank manager overview

Manager, Finance AnalysisBank Manager
Yearly salary$112,110$96,910
Hourly rate$53.90$46.59
Growth rate17%17%
Number of jobs110,31066,136
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 64%
Average age4646
Years of experience88

What does a manager, finance analysis do?

A financial analysis manager, mainly responsible for managing all financial-related activities for their organization, collects data related to financial performance and consolidates it into company reports. Typically, they manage the preparation and calculation of monthly, quarterly, and annual budgets. They interpret raw financial data with the help of the financial analyst leading the organization to reach financial decisions. They also analyze company allocated budgets for inconsistencies and accounting discrepancies. They also create financial models to accurately analyze possible business changes.

What does a bank manager do?

A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.

Manager, finance analysis vs bank manager salary

Managers, finance analysis and bank managers have different pay scales, as shown below.

Manager, Finance AnalysisBank Manager
Average salary$112,110$96,910
Salary rangeBetween $83,000 And $150,000Between $65,000 And $142,000
Highest paying CitySeattle, WASan Francisco, CA
Highest paying stateWashingtonCalifornia
Best paying companySouthern California EdisonAccenture
Best paying industryFinanceFinance

Differences between manager, finance analysis and bank manager education

There are a few differences between a manager, finance analysis and a bank manager in terms of educational background:

Manager, Finance AnalysisBank Manager
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 64%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Manager, finance analysis vs bank manager demographics

Here are the differences between managers, finance analysis' and bank managers' demographics:

Manager, Finance AnalysisBank Manager
Average age4646
Gender ratioMale, 73.5% Female, 26.5%Male, 48.9% Female, 51.1%
Race ratioBlack or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.2% White, 63.4% 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, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between manager, finance analysis and bank manager duties and responsibilities

Manager, finance analysis example responsibilities.

  • Manage all treasury and cash management functions and report directly to the CFO.
  • Propose and manage the re-engineering of the ERP system to provide the necessary level of detail for global reporting.
  • Manage WLD department roll-up structure utilizing Hyperion.
  • Manage monthly closing process, including reconciliations and analysis of relate accounts.
  • Manage multiple subsidiary budgets, operation forecasting and ROI analysis on capital expenditure projects in the pipeline division.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Show more

Bank manager example responsibilities.

  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Collaborate with corporate training designers and facilitators to plan, develop and execute AML and KYC relate training.
  • Handle escalations in the absence of the FCM; ensure enterprise complaint tracking own resource management for the financial center.
  • Team up with FCM and regional recruiter in interview and hiring process.
  • Perform other jobs and relate projects as assigned including mentoring sales employees to exceed assign goals by Bancorp.
  • Monitor all banking operations according to the federal rules and regulations, including performing monthly audits, and following Bancorp standards.
  • Show more

Manager, finance analysis vs bank manager skills

Common manager, finance analysis skills
  • Financial Analysis, 19%
  • Hyperion, 5%
  • Portfolio, 4%
  • Financial Models, 4%
  • Financial Data, 3%
  • Product Line, 3%
Common bank manager skills
  • Bank Products, 7%
  • Financial Services, 7%
  • Business Development, 6%
  • Secrecy, 6%
  • Bank Secrecy Act, 6%
  • Community Involvement, 5%

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