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Senior branch manager vs finance manager

The differences between senior branch 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 senior branch manager and a finance manager. Additionally, a finance manager has an average salary of $101,374, 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 finance manager are financial analysis, CPA, and customer service.

Senior branch manager vs finance manager overview

Senior Branch ManagerFinance Manager
Yearly salary$52,417$101,374
Hourly rate$25.20$48.74
Growth rate17%17%
Number of jobs55,126125,345
Job satisfaction-5
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 66%
Average age4646
Years of experience88

What does a senior branch manager do?

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.

What does a finance manager do?

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.

Senior branch manager vs finance manager salary

Senior branch managers and finance managers have different pay scales, as shown below.

Senior Branch ManagerFinance Manager
Average salary$52,417$101,374
Salary rangeBetween $38,000 And $70,000Between $71,000 And $144,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Barclays
Best paying industry-Finance

Differences between senior branch manager and finance manager education

There are a few differences between a senior branch manager and a finance manager in terms of educational background:

Senior Branch ManagerFinance Manager
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Senior branch manager vs finance manager demographics

Here are the differences between senior branch managers' and finance managers' demographics:

Senior Branch ManagerFinance Manager
Average age4646
Gender ratioMale, 59.4% Female, 40.6%Male, 60.0% Female, 40.0%
Race ratioBlack 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between senior branch manager and finance manager duties and responsibilities

Senior branch manager example responsibilities.

  • Oversee and manages all incoming and outgoing automate clearing house (ACH) transfer of electronic fund.
  • Coordinate the development and management of appropriate personnel information, management database providing seamless integration with payroll and other school functions.
  • Conduct weekly seminars on recruiting new members and competitive lenders.

Finance manager example responsibilities.

  • Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
  • Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
  • Lead successful sales team and provide direct oversight on overall dealership business profitability.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
  • Execute simple SQL queries to validate data in tables.
  • Show more

Senior branch manager vs finance manager skills

Common senior branch manager skills
  • Risk Management, 11%
  • Sales Targets, 9%
  • Performance Management, 9%
  • Client Relationships, 8%
  • Business Development, 7%
  • Sales Process, 7%
Common finance manager skills
  • Financial Analysis, 7%
  • CPA, 7%
  • Customer Service, 6%
  • Hyperion, 4%
  • Financial Models, 4%
  • Strong Analytical, 4%

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