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The differences between regional finance managers and regional 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 regional manager. Additionally, a regional finance manager has an average salary of $108,910, which is higher than the $97,855 average annual salary of a regional manager.
The top three skills for a regional finance manager include financial analysis, hyperion and close process. The most important skills for a regional manager are customer service, patients, and customer satisfaction.
| Regional Finance Manager | Regional Manager | |
| Yearly salary | $108,910 | $97,855 |
| Hourly rate | $52.36 | $47.05 |
| Growth rate | 17% | 5% |
| Number of jobs | 131,784 | 156,364 |
| 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.
A Regional Manager is responsible for a company's overall business operations within a particular area or region. Most of the duties will revolve around setting sales targets, creating strategies to boost financial gains, and maintaining an efficient workforce by having the right staff. Furthermore, Regional Managers must oversee the progress of sales and profits, evaluate the performance of employees, ensuring they are up to the targets and standards of the company's policies and regulations, conducting assessments, and reporting to the higher administration.
Regional finance managers and regional managers have different pay scales, as shown below.
| Regional Finance Manager | Regional Manager | |
| Average salary | $108,910 | $97,855 |
| Salary range | Between $68,000 And $174,000 | Between $62,000 And $152,000 |
| Highest paying City | Reno, NV | Washington, DC |
| Highest paying state | Alaska | Rhode Island |
| Best paying company | Clean Harbors | Safran |
| Best paying industry | Construction | Technology |
There are a few differences between a regional finance manager and a regional manager in terms of educational background:
| Regional Finance Manager | Regional Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between regional finance managers' and regional managers' demographics:
| Regional Finance Manager | Regional Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 70.0% Female, 30.0% | Male, 73.3% Female, 26.7% |
| 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 7% |