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Manager-finance systems vs business manager-finance manager

The differences between managers-finance systems 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 systems and a business manager-finance manager. Additionally, a manager-finance systems has an average salary of $118,791, which is higher than the $106,036 average annual salary of a business manager-finance manager.

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

Manager-finance systems vs business manager-finance manager overview

Manager-Finance SystemsBusiness Manager-Finance Manager
Yearly salary$118,791$106,036
Hourly rate$57.11$50.98
Growth rate16%17%
Number of jobs154,787180,161
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 64%
Average age4746
Years of experience88

What does a manager-finance systems do?

A financial systems manager is responsible for maintaining the security and stability of the organization's account systems and ensuring the accuracy of data for verification. Financial systems managers monitor the business financial transactions and supervise record-keeping methods across the organization. They also coordinate with the department heads for budget and resources and establish the proper allocation to support business operations. A financial systems manager must have excellent leadership and analytical skills, especially in handling financial disputes and resolving discrepancies to prevent potential loss and risks.

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 systems vs business manager-finance manager salary

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

Manager-Finance SystemsBusiness Manager-Finance Manager
Average salary$118,791$106,036
Salary rangeBetween $91,000 And $154,000Between $73,000 And $152,000
Highest paying CitySan Rafael, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyMetaZS
Best paying industryRetailFinance

Differences between manager-finance systems and business manager-finance manager education

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

Manager-Finance SystemsBusiness Manager-Finance Manager
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 64%
Most common majorAccountingBusiness
Most common collegeCarnegie Mellon UniversityUniversity of Pennsylvania

Manager-finance systems vs business manager-finance manager demographics

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

Manager-Finance SystemsBusiness Manager-Finance Manager
Average age4746
Gender ratioMale, 67.8% Female, 32.2%Male, 58.8% Female, 41.2%
Race ratioBlack or African American, 6.7% Unknown, 5.2% Hispanic or Latino, 10.1% Asian, 12.6% White, 65.2% American Indian and Alaska Native, 0.2%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 systems and business manager-finance manager duties and responsibilities

Manager-finance systems example responsibilities.

  • Lead accounting team and create financial policies, procedures, and reporting requirements using GAAP standards.
  • Lead purchase of reporting database (Essbase), prototype, and development of financial reporting system.
  • Assist providers in managing risk, and delivering higher quality of health care services to NJ Medicaid recipients.
  • Manage the computerized payroll system and maintain weekly payroll journal.
  • Lead issue resolution and troubleshooting efforts regarding system functions and relate reporting from Hyperion.
  • Manage system user setup and security and facilitate periodic user access reviews for SOX compliance.
  • 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.
  • Show more

Manager-finance systems vs business manager-finance manager skills

Common manager-finance systems skills
  • Financial Systems, 12%
  • Project Management, 8%
  • Hyperion, 6%
  • ERP, 4%
  • Financial Data, 4%
  • Client Facing, 4%
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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