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Manager finance planning and analysis vs bank manager

The differences between managers finance planning and 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 planning and analysis and a bank manager. Additionally, a manager finance planning and analysis has an average salary of $106,888, which is higher than the $96,910 average annual salary of a bank manager.

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

Manager finance planning and analysis vs bank manager overview

Manager Finance Planning And AnalysisBank Manager
Yearly salary$106,888$96,910
Hourly rate$51.39$46.59
Growth rate17%17%
Number of jobs111,70666,136
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 64%
Average age4646
Years of experience88

What does a manager finance planning and analysis do?

A manager finance planning and analysis oversees the daily operations of a company's financial planning department. They typically have administrative duties such as setting goals and guidelines, establishing timelines and budgets, delegating tasks among teams and staff, and reviewing financial reports regularly. They also perform research and assessments, gather and analyze financial data from different departments, coordinate staff, and solve issues and concerns when any arise. Additionally, as a manager, they must lead and empower staff to reach goals while implementing company policies and regulations.

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 planning and analysis vs bank manager salary

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

Manager Finance Planning And AnalysisBank Manager
Average salary$106,888$96,910
Salary rangeBetween $76,000 And $148,000Between $65,000 And $142,000
Highest paying CitySan Bruno, CASan Francisco, CA
Highest paying stateConnecticutCalifornia
Best paying companyCravathAccenture
Best paying industryManufacturingFinance

Differences between manager finance planning and analysis and bank manager education

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

Manager Finance Planning And AnalysisBank Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Manager finance planning and analysis vs bank manager demographics

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

Manager Finance Planning And AnalysisBank Manager
Average age4646
Gender ratioMale, 68.0% Female, 32.0%Male, 48.9% Female, 51.1%
Race ratioBlack 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%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 planning and analysis and bank manager duties and responsibilities

Manager finance planning and analysis example responsibilities.

  • Manage staff analysis and reporting on GAAP operating results and statutory consolidation.
  • Evaluate and screen capital projects and business expansion initiatives achieving expect ROI and organizational success.
  • Manage capital projects, coordinate profit planning and annual business meetings, and co-manage SOX compliance implementation.
  • Manage payroll and control human resource expense budgets by identifying variance between budget and results and continuously improving working efficiency.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Implement 1st systematic forecast for balance sheet and cash flow in Hyperion planning providing senior management timely analysis for decision making.
  • 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.
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Manager finance planning and analysis vs bank manager skills

Common manager finance planning and analysis skills
  • Financial Performance, 8%
  • Financial Planning Analysis, 7%
  • Financial Analysis, 6%
  • Customer Service, 6%
  • Financial Models, 4%
  • Hyperion, 4%
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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