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Manager, finance analysis vs business manager-finance manager

The differences between managers, finance analysis and business manager-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 analysis and a business manager-finance manager. Additionally, a manager, finance analysis has an average salary of $112,110, which is higher than the $106,036 average annual salary of a business manager-finance manager.

The top three skills for a manager, finance analysis include financial analysis, hyperion and portfolio. The most important skills for a business manager-finance manager are financial analysis, project management, and financial management.

Manager, finance analysis vs business manager-finance manager overview

Manager, Finance AnalysisBusiness Manager-Finance Manager
Yearly salary$112,110$106,036
Hourly rate$53.90$50.98
Growth rate17%17%
Number of jobs110,310180,161
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 business manager-finance manager do?

A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.

Manager, finance analysis vs business manager-finance manager salary

Managers, finance analysis and business manager-finance managers have different pay scales, as shown below.

Manager, Finance AnalysisBusiness Manager-Finance Manager
Average salary$112,110$106,036
Salary rangeBetween $83,000 And $150,000Between $73,000 And $152,000
Highest paying CitySeattle, WASan Francisco, CA
Highest paying stateWashingtonCalifornia
Best paying companySouthern California EdisonZS
Best paying industryFinanceFinance

Differences between manager, finance analysis and business manager-finance manager education

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

Manager, Finance AnalysisBusiness Manager-Finance 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 business manager-finance manager demographics

Here are the differences between managers, finance analysis' and business manager-finance managers' demographics:

Manager, Finance AnalysisBusiness Manager-Finance Manager
Average age4646
Gender ratioMale, 73.5% Female, 26.5%Male, 58.8% Female, 41.2%
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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between manager, finance analysis and business manager-finance 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

Business manager-finance manager example responsibilities.

  • Project manage implementation of ERP forecasting and budgeting system.
  • Manage accounting operations, accounting period closing, account reporting, and reconciliations.
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
  • Execute all aspects of management including payroll, A/R, A/P and OSHA.
  • Establish, coordinate, and supervise treasury functions and international currency management for multiple foreign currency accounts in various countries.
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Manager, finance analysis vs business manager-finance manager skills

Common manager, finance analysis skills
  • Financial Analysis, 19%
  • Hyperion, 5%
  • Portfolio, 4%
  • Financial Models, 4%
  • Financial Data, 3%
  • Product Line, 3%
Common business manager-finance manager skills
  • Financial Analysis, 12%
  • Project Management, 5%
  • Financial Management, 4%
  • Oversight, 4%
  • Shared Services, 3%
  • Process Improvement, 3%

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