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Reporting manager vs finance planning manager

The differences between reporting 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 reporting manager and a finance planning manager. Additionally, a finance planning manager has an average salary of $109,162, which is higher than the $106,336 average annual salary of a reporting manager.

The top three skills for a reporting manager include GAAP, internal controls and external auditors. The most important skills for a finance planning manager are financial analysis, financial planning analysis, and financial models.

Reporting manager vs finance planning manager overview

Reporting ManagerFinance Planning Manager
Yearly salary$106,336$109,162
Hourly rate$51.12$52.48
Growth rate17%17%
Number of jobs67,631120,588
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 73%
Average age4646
Years of experience88

What does a reporting manager do?

The duties of a reporting manager depend on one's line of work or industry of employment. Typically, they perform clerical tasks such as producing progress reports and presentations, maintaining accurate records and documentation, updating databases, managing schedules, and performing regular inspections and site visits. There are also instances where one must respond to inquiries and concerns, report to supervisors, and coordinate with other department personnel. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.

What does a finance planning manager do?

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.

Reporting manager vs finance planning manager salary

Reporting managers and finance planning managers have different pay scales, as shown below.

Reporting ManagerFinance Planning Manager
Average salary$106,336$109,162
Salary rangeBetween $80,000 And $139,000Between $78,000 And $152,000
Highest paying CityRichmond, CASan Francisco, CA
Highest paying stateWashingtonDelaware
Best paying companyMetaMetropolitan Water District of Southern California
Best paying industryManufacturingManufacturing

Differences between reporting manager and finance planning manager education

There are a few differences between a reporting manager and a finance planning manager in terms of educational background:

Reporting ManagerFinance Planning Manager
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 73%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Reporting manager vs finance planning manager demographics

Here are the differences between reporting managers' and finance planning managers' demographics:

Reporting ManagerFinance Planning Manager
Average age4646
Gender ratioMale, 59.6% Female, 40.4%Male, 69.8% Female, 30.2%
Race ratioBlack or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% 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 Percentage11%11%

Differences between reporting manager and finance planning manager duties and responsibilities

Reporting manager example responsibilities.

  • Perform, then manage, profit and loss for volatile, derivative mortgage back securities.
  • Used Microsoft SharePoint to manage projects, establish work flow, and document reports and report field definitions.
  • Manage the administrator of a Hyperion database.
  • Manage and mentore junior analysts in report optimization and SAS proficiency.
  • Prepare monthly IFRS financial statements including balance sheet and income statement using HFM.
  • Establish and maintain SOX documentation for initial compliance including management of testing with internal audit consultants.
  • Show more

Finance planning manager example responsibilities.

  • Manage international income tax, insurance and treasury functions.
  • Conduct evaluations of budgeting and forecasting tools and integration with PeopleSoft ERP system achieving more efficiency in the budgeting process.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Develop and assess profitability of product lines through interpretation of financial statements and KPIs.
  • report requirements collection/analysis, reporting system design, writing SQL, building reports . )
  • Partner with other developers and analysts on best practices in Essbase and QlikView design and development.
  • Show more

Reporting manager vs finance planning manager skills

Common reporting manager skills
  • GAAP, 9%
  • Internal Controls, 7%
  • External Auditors, 4%
  • ASC, 4%
  • Data Analysis, 4%
  • Visualization, 4%
Common finance planning manager skills
  • Financial Analysis, 10%
  • Financial Planning Analysis, 8%
  • Financial Models, 7%
  • Financial Performance, 6%
  • Hyperion, 6%
  • Financial Data, 5%

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