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Manager-finance systems vs senior finance manager

The differences between managers-finance systems and senior 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 senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $118,791 average annual salary of a manager-finance systems.

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

Manager-finance systems vs senior finance manager overview

Manager-Finance SystemsSenior Finance Manager
Yearly salary$118,791$133,358
Hourly rate$57.11$64.11
Growth rate16%17%
Number of jobs154,787139,639
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 68%
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 senior finance manager do?

A senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.

Manager-finance systems vs senior finance manager salary

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

Manager-Finance SystemsSenior Finance Manager
Average salary$118,791$133,358
Salary rangeBetween $91,000 And $154,000Between $95,000 And $185,000
Highest paying CitySan Rafael, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyMetaRoku
Best paying industryRetailProfessional

Differences between manager-finance systems and senior finance manager education

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

Manager-Finance SystemsSenior Finance Manager
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 68%
Most common majorAccountingAccounting
Most common collegeCarnegie Mellon UniversityUniversity of Pennsylvania

Manager-finance systems vs senior finance manager demographics

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

Manager-Finance SystemsSenior Finance Manager
Average age4746
Gender ratioMale, 67.8% Female, 32.2%Male, 70.3% Female, 29.7%
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, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between manager-finance systems and senior 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

Senior finance manager example responsibilities.

  • Manage regional treasury functions including coordination with international HQ for daily cash balance requirements.
  • Manage staff of financial analysts who perform divisional and branch portfolio and profit/loss analysis.
  • Manage Oracle/Hyperion application upgrade used to support the close, consolidate and report process within Oracle/PeopleSoft ERP environment.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Manage eight team members' activities including daily transaction processing, monthly reconciliations and analysis, and financial statement preparation
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Show more

Manager-finance systems vs senior 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 senior finance manager skills
  • Hyperion, 7%
  • Financial Performance, 5%
  • Financial Analysis, 5%
  • Business Development, 4%
  • SR, 4%
  • Financial Models, 4%

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