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Manager, finance analysis vs finance manager

The differences between managers, finance analysis and 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 finance manager. Additionally, a manager, finance analysis has an average salary of $112,110, which is higher than the $101,374 average annual salary of a finance manager.

The top three skills for a manager, finance analysis include financial analysis, hyperion and portfolio. The most important skills for a finance manager are financial analysis, CPA, and customer service.

Manager, finance analysis vs finance manager overview

Manager, Finance AnalysisFinance Manager
Yearly salary$112,110$101,374
Hourly rate$53.90$48.74
Growth rate17%17%
Number of jobs110,310125,345
Job satisfaction-5
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 66%
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 finance manager do?

A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.

Manager, finance analysis vs finance manager salary

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

Manager, Finance AnalysisFinance Manager
Average salary$112,110$101,374
Salary rangeBetween $83,000 And $150,000Between $71,000 And $144,000
Highest paying CitySeattle, WANew York, NY
Highest paying stateWashingtonNew York
Best paying companySouthern California EdisonBarclays
Best paying industryFinanceFinance

Differences between manager, finance analysis and finance manager education

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

Manager, Finance AnalysisFinance Manager
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 66%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Manager, finance analysis vs finance manager demographics

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

Manager, Finance AnalysisFinance Manager
Average age4646
Gender ratioMale, 73.5% Female, 26.5%Male, 60.0% Female, 40.0%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between manager, finance analysis and 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

Finance manager example responsibilities.

  • Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
  • Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
  • Lead successful sales team and provide direct oversight on overall dealership business profitability.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
  • Execute simple SQL queries to validate data in tables.
  • Show more

Manager, finance analysis vs 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 finance manager skills
  • Financial Analysis, 7%
  • CPA, 7%
  • Customer Service, 6%
  • Hyperion, 4%
  • Financial Models, 4%
  • Strong Analytical, 4%

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