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The differences between regional finance managers and finance leaders 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 finance leader. Additionally, a finance leader has an average salary of $117,284, which is higher than the $108,910 average annual salary of a regional finance manager.
The top three skills for a regional finance manager include financial analysis, hyperion and close process. The most important skills for a finance leader are financial analysis, financial management, and business development.
| Regional Finance Manager | Finance Leader | |
| Yearly salary | $108,910 | $117,284 |
| Hourly rate | $52.36 | $56.39 |
| Growth rate | 17% | 17% |
| Number of jobs | 131,784 | 93,582 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| 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.
The duties of a finance leader depend on one's place or industry of employment. Typically, their responsibilities revolve around monitoring the sales and financial operations in a company, preparing financial reports and statements, finding new sales opportunities, identifying the market and client needs, and maintaining records of all financial transactions. There are also instances where a finance leader may set and allocate budgets, perform audits in costs and expenditures, all while implementing the company's policies and regulations.
Regional finance managers and finance leaders have different pay scales, as shown below.
| Regional Finance Manager | Finance Leader | |
| Average salary | $108,910 | $117,284 |
| Salary range | Between $68,000 And $174,000 | Between $78,000 And $174,000 |
| Highest paying City | Reno, NV | San Francisco, CA |
| Highest paying state | Alaska | Oregon |
| Best paying company | Clean Harbors | Apple |
| Best paying industry | Construction | Finance |
There are a few differences between a regional finance manager and a finance leader in terms of educational background:
| Regional Finance Manager | Finance Leader | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between regional finance managers' and finance leaders' demographics:
| Regional Finance Manager | Finance Leader | |
| Average age | 46 | 46 |
| Gender ratio | Male, 70.0% Female, 30.0% | Male, 60.0% Female, 40.0% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |