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The differences between senior branch managers and cash 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 senior branch manager and a cash manager. Additionally, a cash manager has an average salary of $93,363, which is higher than the $52,417 average annual salary of a senior branch manager.
The top three skills for a senior branch manager include risk management, sales targets and performance management. The most important skills for a cash manager are customer service, cash management, and treasury.
| Senior Branch Manager | Cash Manager | |
| Yearly salary | $52,417 | $93,363 |
| Hourly rate | $25.20 | $44.89 |
| Growth rate | 17% | 17% |
| Number of jobs | 55,126 | 60,517 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A Senior Branch Manager oversees an establishment's daily operations, aiming to meet sales targets and daily objectives. They are responsible for setting goals, managing staff and schedules, establishing guidelines and budgets, delegating duties among teams, coordinating with internal and external parties, conducting research, addressing issues and concerns, and developing strategies to optimize operations and reach sales targets. Moreover, a Senior Branch Manager must lead and serve as a mentor to junior managers, all while implementing its policies and regulations.
A cash manager is responsible for monitoring cash flow, analyzing financial transactions, and allocating adequate budget and resources for every department's operations. Cash managers conduct data and statistical analysis to determine the company's expenses and financial loss and strategize techniques in minimizing those risks. They also help senior management in identifying business opportunities that would generate more revenue resources and increase profits for the business. A cash manager handles billing disputes, resolves account discrepancies, and submits accurate financial reports.
Senior branch managers and cash managers have different pay scales, as shown below.
| Senior Branch Manager | Cash Manager | |
| Average salary | $52,417 | $93,363 |
| Salary range | Between $38,000 And $70,000 | Between $66,000 And $130,000 |
| Highest paying City | - | Redding, CA |
| Highest paying state | - | California |
| Best paying company | - | PVH |
| Best paying industry | - | Manufacturing |
There are a few differences between a senior branch manager and a cash manager in terms of educational background:
| Senior Branch Manager | Cash Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between senior branch managers' and cash managers' demographics:
| Senior Branch Manager | Cash Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 59.4% Female, 40.6% | Male, 38.2% Female, 61.8% |
| Race ratio | Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 8.9% White, 64.2% American Indian and Alaska Native, 0.3% | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 8.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |