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President/owner vs processing manager

The differences between president/owners and processing managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a president/owner and a processing manager. Additionally, a president/owner has an average salary of $114,992, which is higher than the $91,663 average annual salary of a processing manager.

The top three skills for a president/owner include financial statements, payroll and product development. The most important skills for a processing manager are customer service, process improvement, and project management.

President/owner vs processing manager overview

President/OwnerProcessing Manager
Yearly salary$114,992$91,663
Hourly rate$55.28$44.07
Growth rate6%6%
Number of jobs83,314294,102
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 63%
Average age4444
Years of experience66

What does a president/owner do?

A President or Owner can have varying responsibilities depending on the organization or company that they operate. However, most of the time, they are the leaders who oversee the entire function and revenues in their business, including the hiring and management process. The President and Owner can also be the face of a company, often appearing to address and communicate to the public. Furthermore, they are responsible for implementing guidelines that would drive the company towards its vision and mission.

What does a processing manager do?

A processing manager or business process manager is an executive who assesses and improves business processes. Processing managers collaboratively work across different departments of the enterprise. They assess, design, execute, monitor, and control business processes. It is their responsibility to make sure that the outcomes of the business process go along with the strategic goals of the company. They are expected to have leadership skills, management skills, customer service skills, attention to detail, and strong communication skills.

President/owner vs processing manager salary

President/owners and processing managers have different pay scales, as shown below.

President/OwnerProcessing Manager
Average salary$114,992$91,663
Salary rangeBetween $76,000 And $172,000Between $61,000 And $135,000
Highest paying City-Washington, DC
Highest paying state-Alaska
Best paying company-Cheniere Energy
Best paying industry-Pharmaceutical

Differences between president/owner and processing manager education

There are a few differences between a president/owner and a processing manager in terms of educational background:

President/OwnerProcessing Manager
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

President/owner vs processing manager demographics

Here are the differences between president/owners' and processing managers' demographics:

President/OwnerProcessing Manager
Average age4444
Gender ratioMale, 75.8% Female, 24.2%Male, 55.6% Female, 44.4%
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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between president/owner and processing manager duties and responsibilities

President/owner example responsibilities.

  • Manage business functions: payroll, A/P, A/R, taxes, business direction, and negotiate contracts.
  • Manage and maintain business/banking/ordering/scheduling/event coordination and payroll weekly.
  • Oversee financial reporting and analysis, costing, budgeting, A/P, A/R, collections, fix assets, etc.
  • Assist with clients' selections and have immense knowledge of paint, tile, flooring, windows, cabinets, doors ...
  • Obtain and complete the documentation necessary to form the LLC and vendor licensing to do business in the state of Ohio.
  • Conduct yearly meetings and product presentations directly to LLC stakeholders.
  • Show more

Processing manager example responsibilities.

  • Recruit, hire and train candidates to meet divisional employee requirement while managing FTE and capacity.
  • Lead SOX compliance efforts by mapping key compliance processes, conducting internal policy reviews, and participating in external audits.
  • Lead initiatives in conjunction with the AMO and PMO to ensure that audits are planned, manage and deliver for success.
  • Manage simplification process and relate initiatives.
  • Manage business acceptance of new ERP functionality improving training, data quality and inventory accuracy.
  • Develop and manage conversion of paper garnishment check receipts to electronic file and wires from participating payroll companies.
  • Show more

President/owner vs processing manager skills

Common president/owner skills
  • Financial Statements, 14%
  • Payroll, 13%
  • Product Development, 10%
  • Business Plan, 6%
  • Real Estate, 6%
  • R, 5%
Common processing manager skills
  • Customer Service, 10%
  • Process Improvement, 10%
  • Project Management, 9%
  • Continuous Improvement, 8%
  • Sigma, 5%
  • Lean Six Sigma, 5%

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