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The differences between reports analysis managers and 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 reports analysis manager and a finance manager. Additionally, a finance manager has an average salary of $101,374, which is higher than the $96,576 average annual salary of a reports analysis manager.
The top three skills for a reports analysis manager include data analysis, financial analysis and data management. The most important skills for a finance manager are financial analysis, CPA, and customer service.
| Reports Analysis Manager | Finance Manager | |
| Yearly salary | $96,576 | $101,374 |
| Hourly rate | $46.43 | $48.74 |
| Growth rate | 17% | 17% |
| Number of jobs | 64,213 | 125,345 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A reports analysis manager oversees the design and delivery of reports then analyzes the reports to evaluate business functions and key operations and performance metrics. They also recruit, train, develop and supervise analyst-level employees. They also ensure the accuracy of data and deliverables of reporting employees with comprehensive policies and processes. Examining and analyzing reports for stakeholders and leadership is also important in this role.
A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.
Reports analysis managers and finance managers have different pay scales, as shown below.
| Reports Analysis Manager | Finance Manager | |
| Average salary | $96,576 | $101,374 |
| Salary range | Between $73,000 And $127,000 | Between $71,000 And $144,000 |
| Highest paying City | Manchester, NH | New York, NY |
| Highest paying state | Montana | New York |
| Best paying company | Rackspace | Barclays |
| Best paying industry | Energy | Finance |
There are a few differences between a reports analysis manager and a finance manager in terms of educational background:
| Reports Analysis Manager | Finance Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between reports analysis managers' and finance managers' demographics:
| Reports Analysis Manager | Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 64.8% Female, 35.2% | Male, 60.0% Female, 40.0% |
| Race ratio | Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.3% White, 63.8% American Indian and Alaska Native, 0.3% | Black 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% |
| LGBT Percentage | 11% | 11% |