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The differences between regional finance managers and business manager-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 regional finance manager and a business manager-finance manager. Additionally, a regional finance manager has an average salary of $108,910, which is higher than the $106,036 average annual salary of a business manager-finance manager.
The top three skills for a regional finance manager include financial analysis, hyperion and close process. The most important skills for a business manager-finance manager are financial analysis, project management, and financial management.
| Regional Finance Manager | Business Manager-Finance Manager | |
| Yearly salary | $108,910 | $106,036 |
| Hourly rate | $52.36 | $50.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 131,784 | 180,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A regional finance manager oversees the financial activities of a company's branches within a region. Among their responsibilities include coordinating with different departments, liaising with internal and external parties, gathering and analyzing financial data, producing financial statements and forecasts, and presenting reports to the executives. They must also perform audits and assessments, review financial contracts and transactions, and develop tools and systems to optimize operations. Moreover, as a regional finance manager, it is essential to lead and encourage the workforce to reach goals while implementing the company's policies and regulations.
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.
Regional finance managers and business manager-finance managers have different pay scales, as shown below.
| Regional Finance Manager | Business Manager-Finance Manager | |
| Average salary | $108,910 | $106,036 |
| Salary range | Between $68,000 And $174,000 | Between $73,000 And $152,000 |
| Highest paying City | Reno, NV | San Francisco, CA |
| Highest paying state | Alaska | California |
| Best paying company | Clean Harbors | ZS |
| Best paying industry | Construction | Finance |
There are a few differences between a regional finance manager and a business manager-finance manager in terms of educational background:
| Regional Finance Manager | Business Manager-Finance Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between regional finance managers' and business manager-finance managers' demographics:
| Regional Finance Manager | Business Manager-Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 70.0% Female, 30.0% | Male, 58.8% Female, 41.2% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 9.8% White, 63.8% American Indian and Alaska Native, 0.3% | 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 Percentage | 11% | 11% |