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Manager-finance systems vs finance leader

The differences between managers-finance systems and finance leaders 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 finance leader. Additionally, a manager-finance systems has an average salary of $118,791, which is higher than the $117,284 average annual salary of a finance leader.

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

Manager-finance systems vs finance leader overview

Manager-Finance SystemsFinance Leader
Yearly salary$118,791$117,284
Hourly rate$57.11$56.39
Growth rate16%17%
Number of jobs154,78793,582
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 69%
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 finance leader do?

The duties of a finance leader depend on one's place or industry of employment. Typically, their responsibilities revolve around monitoring the sales and financial operations in a company, preparing financial reports and statements, finding new sales opportunities, identifying the market and client needs, and maintaining records of all financial transactions. There are also instances where a finance leader may set and allocate budgets, perform audits in costs and expenditures, all while implementing the company's policies and regulations.

Manager-finance systems vs finance leader salary

Managers-finance systems and finance leaders have different pay scales, as shown below.

Manager-Finance SystemsFinance Leader
Average salary$118,791$117,284
Salary rangeBetween $91,000 And $154,000Between $78,000 And $174,000
Highest paying CitySan Rafael, CASan Francisco, CA
Highest paying stateCaliforniaOregon
Best paying companyMetaApple
Best paying industryRetailFinance

Differences between manager-finance systems and finance leader education

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

Manager-Finance SystemsFinance Leader
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 69%
Most common majorAccountingAccounting
Most common collegeCarnegie Mellon UniversityUniversity of Pennsylvania

Manager-finance systems vs finance leader demographics

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

Manager-Finance SystemsFinance Leader
Average age4746
Gender ratioMale, 67.8% Female, 32.2%Male, 60.0% Female, 40.0%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between manager-finance systems and finance leader 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

Finance leader example responsibilities.

  • Manage and coordinate annual GAAP audit of corporation financial statements.
  • Manage impairment and trouble debt restructures identification & measurement process in compliance with regulatory and GAAP guidance.
  • Participate in Lawson ERP implementation and training resources for corporate and site finance group.
  • Create superior back office business processes in conjunction with JD Edwards ERP implementation team.
  • Recruit by the CFO to support the growth and development of the Americas business.
  • Review, interpret, and approve budgets for all trade promotion events in the Americas.
  • Show more

Manager-finance systems vs finance leader skills

Common manager-finance systems skills
  • Financial Systems, 12%
  • Project Management, 8%
  • Hyperion, 6%
  • ERP, 4%
  • Financial Data, 4%
  • Client Facing, 4%
Common finance leader skills
  • Financial Analysis, 8%
  • Financial Management, 5%
  • Business Development, 5%
  • Financial Performance, 4%
  • Strong Analytical, 4%
  • HR, 4%

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