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Manager of business services vs business manager-finance manager

The differences between managers of business services and business manager-finance managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a manager of business services, becoming a business manager-finance manager takes usually requires 6-8 years. Additionally, a business manager-finance manager has an average salary of $106,036, which is higher than the $98,244 average annual salary of a manager of business services.

The top three skills for a manager of business services include CPA, risk management and business operations. The most important skills for a business manager-finance manager are financial analysis, project management, and financial management.

Manager of business services vs business manager-finance manager overview

Manager Of Business ServicesBusiness Manager-Finance Manager
Yearly salary$98,244$106,036
Hourly rate$47.23$50.98
Growth rate6%17%
Number of jobs313,139180,161
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 64%
Average age4446
Years of experience68

What does a manager of business services do?

Business Service Managers are administrative professionals who oversee different service-related functions in the company. They manage the teams involved in serving various functions. They ensure proper coordination between these teams. \They carefully allocate resources to cover their bases and ensure that services are available at all times. Business Service Managers prepare and draft policies and guidelines related to company services. They also ensure that these guidelines are properly cascaded and are followed by their constituents.

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 of business services vs business manager-finance manager salary

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

Manager Of Business ServicesBusiness Manager-Finance Manager
Average salary$98,244$106,036
Salary rangeBetween $68,000 And $141,000Between $73,000 And $152,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateConnecticutCalifornia
Best paying companyGoogleZS
Best paying industryTechnologyFinance

Differences between manager of business services and business manager-finance manager education

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

Manager Of Business ServicesBusiness Manager-Finance Manager
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Manager of business services vs business manager-finance manager demographics

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

Manager Of Business ServicesBusiness Manager-Finance Manager
Average age4446
Gender ratioMale, 53.9% Female, 46.1%Male, 58.8% Female, 41.2%
Race ratioBlack or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5%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 Percentage10%11%

Differences between manager of business services and business manager-finance manager duties and responsibilities

Manager of business services example responsibilities.

  • Manage negotiations with insurance carriers and negotiate prompt pay discounts with patients.
  • Lead team through documentation and implementation of key controls in compliance with Sarbanes-Oxley regulation and provide guidance to strengthen control environment.
  • Resolve problems with patients, practice staff and physicians.
  • Focuse on food processing, healthcare and financial services sectors.
  • Direct and provide oversight of online banking operations ensuring efficiency to drive business objectives.
  • Generate financial reports, maintain QuickBooks database and meet with legal and accounting professionals when necessary.
  • 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.
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Manager of business services vs business manager-finance manager skills

Common manager of business services skills
  • CPA, 14%
  • Risk Management, 9%
  • Business Operations, 6%
  • Taxation, 6%
  • Project Management, 6%
  • Digital Marketing, 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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