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The differences between managers-strategic planning and finance planning managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a manager-strategic planning, becoming a finance planning manager takes usually requires 6-8 years. Additionally, a manager-strategic planning has an average salary of $123,429, which is higher than the $109,162 average annual salary of a finance planning manager.
The top three skills for a manager-strategic planning include project management, portfolio and business development. The most important skills for a finance planning manager are financial analysis, financial planning analysis, and financial models.
| Manager-Strategic Planning | Finance Planning Manager | |
| Yearly salary | $123,429 | $109,162 |
| Hourly rate | $59.34 | $52.48 |
| Growth rate | 10% | 17% |
| Number of jobs | 105,312 | 120,588 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
Manager-strategic planning is in charge of devising strategies to help a company navigate through its short and long-term goals. Their responsibilities revolve around performing research and analysis to identify the strengths and weaknesses of company operations, determine the needs of every department, and develop strategic solutions for optimal services. They may also perform risk assessments, analyze the performance of competitors, evaluate the performance of the workforce, and recommend new policies, all in adherence to the company's vision and mission.
A finance planning manager oversees the budget and finance development processes within a company. Their responsibilities revolve around analyzing financial records, participating in auditing processes, producing reports and forecasts, and coordinating with different company personnel to obtain accurate data. A finance planning manager must also utilize fiscal tools, devise new business strategies and opportunities, and keep abreast of all the company's upcoming projects. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
Managers-strategic planning and finance planning managers have different pay scales, as shown below.
| Manager-Strategic Planning | Finance Planning Manager | |
| Average salary | $123,429 | $109,162 |
| Salary range | Between $87,000 And $173,000 | Between $78,000 And $152,000 |
| Highest paying City | Las Vegas, NV | San Francisco, CA |
| Highest paying state | Nevada | Delaware |
| Best paying company | Sheppard Mullin Richter & Hampton | Metropolitan Water District of Southern California |
| Best paying industry | Media | Manufacturing |
There are a few differences between a manager-strategic planning and a finance planning manager in terms of educational background:
| Manager-Strategic Planning | Finance Planning Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Most common major | Business | Accounting |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between managers-strategic planning' and finance planning managers' demographics:
| Manager-Strategic Planning | Finance Planning Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 67.2% Female, 32.8% | Male, 69.8% Female, 30.2% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 11% |