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The differences between regional finance managers and senior 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 senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, 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 senior finance manager are hyperion, financial performance, and financial analysis.
| Regional Finance Manager | Senior Finance Manager | |
| Yearly salary | $108,910 | $133,358 |
| Hourly rate | $52.36 | $64.11 |
| Growth rate | 17% | 17% |
| Number of jobs | 131,784 | 139,639 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| 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 senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.
Regional finance managers and senior finance managers have different pay scales, as shown below.
| Regional Finance Manager | Senior Finance Manager | |
| Average salary | $108,910 | $133,358 |
| Salary range | Between $68,000 And $174,000 | Between $95,000 And $185,000 |
| Highest paying City | Reno, NV | San Francisco, CA |
| Highest paying state | Alaska | California |
| Best paying company | Clean Harbors | Roku |
| Best paying industry | Construction | Professional |
There are a few differences between a regional finance manager and a senior finance manager in terms of educational background:
| Regional Finance Manager | Senior Finance Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between regional finance managers' and senior finance managers' demographics:
| Regional Finance Manager | Senior Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 70.0% Female, 30.0% | Male, 70.3% Female, 29.7% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |