What does a regional finance manager do?
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.
Regional finance manager responsibilities
Here are examples of responsibilities from real regional finance manager resumes:
- Manage and review the monthly financial reconciliations relate to various revenue sources for each health plans, budget, and forecasts.
- Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
- Plan and conduct balance sheet and control reviews to enforce SOX compliance and mentore controllers to drive optimal financial reporting.
- Calculate and analyze ROI on capital investments, inclusive of potential new stores and markets.
- Provide ROI training & post-audit reviews of retailer promotions, ensuring only profitable initiatives are pursued.
- Analyze and report period end financials for in Hyperion for all divisions to local management and corporate.
- Review, analyze, and present financial reports and forecasting data while maintaining GAAP and financial viability.
- Develop policies and procedures for the accounting and reporting of revenue and membership in accordance with GAAP.
- Assist in the development and implementation of financial-accounting policies and procedures, with emphasis on SOX compliance.
- Mitigate any business exposure when dealing with AR, bad debt, vendor / subcontractor reconciliations and business acquisitions as needed.
- Review agency financial records including bank statements and payroll.
- Identify opportunities to convert cash base payroll to electronic payments.
- Implement Hyperion financial software for budgeting, forecasting and financial reporting.
- Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
- Perform all treasury functions including cash receipts processing, cash disbursement processing, foreign exchange activity and relate reporting.
Regional finance manager skills and personality traits
We calculated that 17% of Regional Finance Managers are proficient in Financial Analysis, Hyperion, and Close Process. They’re also known for soft skills such as Analytical skills, Communication skills, and Detail oriented.
We break down the percentage of Regional Finance Managers that have these skills listed on their resume here:
- Financial Analysis, 17%
Conducted monthly financial analysis, region consolidation, and prepared monthly operating reports for reviews with hospital and division executive teams.
- Hyperion, 4%
Implemented Hyperion financial software for budgeting, forecasting and financial reporting.
- Close Process, 4%
Expedited the monthly close process for the region by working with corporate accounting and finance to develop policies and process improvements.
- Payroll, 4%
Identified opportunities to convert cash based payroll to electronic payments.
- Financial Support, 4%
Provide financial support for the Sales Organization, including campaign planning, workforce planning, revenue and expense forecasts.
- Financial Management, 3%
Coordinated with Executive Director regarding budgetary and financial management issues, and the development of budgets.
Most regional finance managers use their skills in "financial analysis," "hyperion," and "close process" to do their jobs. You can find more detail on essential regional finance manager responsibilities here:
Analytical skills. To carry out their duties, the most important skill for a regional finance manager to have is analytical skills. Their role and responsibilities require that "to assist executives in making decisions, financial managers need to evaluate data and information that affects their organization." Regional finance managers often use analytical skills in their day-to-day job, as shown by this real resume: "provided business analysis and financial leadership of a $75m division of a $900m retail bottled water company. "
Communication skills. Another essential skill to perform regional finance manager duties is communication skills. Regional finance managers responsibilities require that "financial managers must be able to explain and justify complex financial transactions." Regional finance managers also use communication skills in their role according to a real resume snippet: "provide oversight and executive communication of the shared services operating budget of approximately $200m and 2,000 employees. "
Detail oriented. regional finance managers are also known for detail oriented, which are critical to their duties. You can see how this skill relates to regional finance manager responsibilities, because "in preparing and analyzing reports, such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors." A regional finance manager resume example shows how detail oriented is used in the workplace: "perform detailed review of the properties' financial statements and the accompanying work papers. "
Math skills. For certain regional finance manager responsibilities to be completed, the job requires competence in "math skills." The day-to-day duties of a regional finance manager rely on this skill, as "financial managers need strong skills in certain branches of mathematics, including algebra." For example, this snippet was taken directly from a resume about how this skill applies to what regional finance managers do: "perform qualitative, quantitative & kpi analysis to keep track of performance and develop strategy to maximize roi. "
Organizational skills. Another common skill required for regional finance manager responsibilities is "organizational skills." This skill comes up in the duties of regional finance managers all the time, as "because financial managers deal with a range of information and documents, they must have structures in place to be effective in their work." An excerpt from a real regional finance manager resume shows how this skill is central to what a regional finance manager does: "develop margin analysis by product line to create increased visibility into profitability and re-focus organizational goals to improve operational results. "
The three companies that hire the most regional finance managers are:
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Regional finance manager vs. Division controller
A division controller is typically in charge of overseeing a company division's financial activities and human resources operations. Their role is to set objectives and guidelines, perform audits and assessments, evaluate the workforce performance, handle budgets and timelines, and develop strategies to optimize processes. They must monitor the progress of activities and projects, producing regular reports and presentations to keep the executives informed. Furthermore, as a division controller, it is essential to lead staff and implement the company's policies and regulations.
While similarities exist, there are also some differences between regional finance managers and division controller. For instance, regional finance manager responsibilities require skills such as "hyperion," "discounted cash flow," "financial statements," and "projection." Whereas a division controller is skilled in "cpa," "oversight," "financial reports," and "balance sheet accounts." This is part of what separates the two careers.
Division controllers tend to make the most money working in the construction industry, where they earn an average salary of $105,362. In contrast, regional finance managers make the biggest average salary, $101,570, in the construction industry.division controllers tend to reach similar levels of education than regional finance managers. In fact, division controllers are 3.8% less likely to graduate with a Master's Degree and 0.7% less likely to have a Doctoral Degree.Regional finance manager vs. Finance vice president
The vice president of finance is one of the highest-ranking executives in a company. He/She or she works under the chief financial officer, and both have similar duties that are often interchangeable. This executive's primary function is to oversee the company's financial records and project future financial plans and investments. The finance vice president ensures that the company's finances are managed suitably and effectively. This role's responsibilities include leading the team towards achieving the company's financial mission, monitoring the financial performance, preparing and presenting financial reports, and conducting audits on financial expenditures, assets, and liabilities.
While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that regional finance manager responsibilities requires skills like "close process," "financial support," "financial statements," and "projection." But a finance vice president might use other skills in their typical duties, such as, "cpa," "oversight," "risk management," and "due diligence."
Finance vice presidents earn a higher average salary than regional finance managers. But finance vice presidents earn the highest pay in the manufacturing industry, with an average salary of $149,254. Additionally, regional finance managers earn the highest salaries in the construction with average pay of $101,570 annually.finance vice presidents earn similar levels of education than regional finance managers in general. They're 1.9% less likely to graduate with a Master's Degree and 0.7% more likely to earn a Doctoral Degree.Regional finance manager vs. Finance analyst-operations finance
Financial analysts are professionals who are in charge of the financial operations of businesses. The analysts analyze results, monitor variances, determine trends, and suggest management-related actions to improve corporate finances. They reconcile transactions through data comparison and correction. It is their duty to maintain the database through data input, verification, and backup. They produce presentations restating fiscal information used by supervisors, administrators, and others. This position requires skills in financial reporting, management, communications skills, and accounting qualification.
There are many key differences between these two careers, including some of the skills required to perform responsibilities within each role. For example, a regional finance manager is likely to be skilled in "close process," "financial statements," "projection," and "general ledger," while a typical finance analyst-operations finance is skilled in "data analysis," "customer service," "strong analytical," and "project management."
Finances analyst-operations finances make a very good living in the pharmaceutical industry with an average annual salary of $93,042. On the other hand, regional finance managers are paid the highest salary in the construction industry, with average annual pay of $101,570.When it comes to education, finances analyst-operations finances tend to earn lower degree levels compared to regional finance managers. In fact, they're 6.7% less likely to earn a Master's Degree, and 0.5% less likely to graduate with a Doctoral Degree.Regional finance manager vs. Manager finance planning and analysis
A manager finance planning and analysis oversees the daily operations of a company's financial planning department. They typically have administrative duties such as setting goals and guidelines, establishing timelines and budgets, delegating tasks among teams and staff, and reviewing financial reports regularly. They also perform research and assessments, gather and analyze financial data from different departments, coordinate staff, and solve issues and concerns when any arise. Additionally, as a manager, they must lead and empower staff to reach goals while implementing company policies and regulations.
Types of regional finance manager
Updated January 8, 2025











