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The differences between regional finance managers and finance planning 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 finance planning manager. Additionally, a finance planning manager has an average salary of $109,162, 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 planning manager are financial analysis, financial planning analysis, and financial models.
| Regional Finance Manager | Finance Planning Manager | |
| Yearly salary | $108,910 | $109,162 |
| Hourly rate | $52.36 | $52.48 |
| Growth rate | 17% | 17% |
| Number of jobs | 131,784 | 120,588 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| 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 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.
Regional finance managers and finance planning managers have different pay scales, as shown below.
| Regional Finance Manager | Finance Planning Manager | |
| Average salary | $108,910 | $109,162 |
| Salary range | Between $68,000 And $174,000 | Between $78,000 And $152,000 |
| Highest paying City | Reno, NV | San Francisco, CA |
| Highest paying state | Alaska | Delaware |
| Best paying company | Clean Harbors | Metropolitan Water District of Southern California |
| Best paying industry | Construction | Manufacturing |
There are a few differences between a regional finance manager and a finance planning manager in terms of educational background:
| Regional Finance Manager | Finance Planning Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between regional finance managers' and finance planning managers' demographics:
| Regional Finance Manager | Finance Planning Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 70.0% Female, 30.0% | Male, 69.8% Female, 30.2% |
| 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, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |