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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 | Finance Manager | |
| Yearly salary | $112,110 | $101,374 |
| Hourly rate | $53.90 | $48.74 |
| Growth rate | 17% | 17% |
| Number of jobs | 110,310 | 125,345 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 66% |
| 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 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.
Managers, finance analysis and finance managers have different pay scales, as shown below.
| Manager, Finance Analysis | Finance Manager | |
| Average salary | $112,110 | $101,374 |
| Salary range | Between $83,000 And $150,000 | Between $71,000 And $144,000 |
| Highest paying City | Seattle, WA | New York, NY |
| Highest paying state | Washington | New York |
| Best paying company | Southern California Edison | Barclays |
| Best paying industry | Finance | Finance |
There are a few differences between a manager, finance analysis and a finance manager in terms of educational background:
| Manager, Finance Analysis | Finance Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 66% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers, finance analysis' and finance managers' demographics:
| Manager, Finance Analysis | Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 60.0% Female, 40.0% |
| 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |