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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 | Business Manager-Finance Manager | |
| Yearly salary | $112,110 | $106,036 |
| Hourly rate | $53.90 | $50.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 110,310 | 180,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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.
Managers, finance analysis and business manager-finance managers have different pay scales, as shown below.
| Manager, Finance Analysis | Business Manager-Finance Manager | |
| Average salary | $112,110 | $106,036 |
| Salary range | Between $83,000 And $150,000 | Between $73,000 And $152,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Southern California Edison | ZS |
| Best paying industry | Finance | Finance |
There are a few differences between a manager, finance analysis and a business manager-finance manager in terms of educational background:
| Manager, Finance Analysis | Business Manager-Finance Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 64% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers, finance analysis' and business manager-finance managers' demographics:
| Manager, Finance Analysis | Business Manager-Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 58.8% Female, 41.2% |
| Race ratio | Black 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 Percentage | 11% | 11% |