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The differences between regional finance managers and cash 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 cash manager. Additionally, a regional finance manager has an average salary of $108,910, which is higher than the $93,363 average annual salary of a cash manager.
The top three skills for a regional finance manager include financial analysis, hyperion and close process. The most important skills for a cash manager are customer service, cash management, and treasury.
| Regional Finance Manager | Cash Manager | |
| Yearly salary | $108,910 | $93,363 |
| Hourly rate | $52.36 | $44.89 |
| Growth rate | 17% | 17% |
| Number of jobs | 131,784 | 60,517 |
| 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 cash manager is responsible for monitoring cash flow, analyzing financial transactions, and allocating adequate budget and resources for every department's operations. Cash managers conduct data and statistical analysis to determine the company's expenses and financial loss and strategize techniques in minimizing those risks. They also help senior management in identifying business opportunities that would generate more revenue resources and increase profits for the business. A cash manager handles billing disputes, resolves account discrepancies, and submits accurate financial reports.
Regional finance managers and cash managers have different pay scales, as shown below.
| Regional Finance Manager | Cash Manager | |
| Average salary | $108,910 | $93,363 |
| Salary range | Between $68,000 And $174,000 | Between $66,000 And $130,000 |
| Highest paying City | Reno, NV | Redding, CA |
| Highest paying state | Alaska | California |
| Best paying company | Clean Harbors | PVH |
| Best paying industry | Construction | Manufacturing |
There are a few differences between a regional finance manager and a cash manager in terms of educational background:
| Regional Finance Manager | Cash 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 cash managers' demographics:
| Regional Finance Manager | Cash Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 70.0% Female, 30.0% | Male, 38.2% Female, 61.8% |
| 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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 8.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |