Post job

Senior finance manager vs administrative & finance manager

The differences between senior finance managers and administrative & 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 finance manager and an administrative & finance manager. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $76,989 average annual salary of an administrative & finance manager.

The top three skills for a senior finance manager include hyperion, financial performance and financial analysis. The most important skills for an administrative & finance manager are payroll processing, human resources, and oversight.

Senior finance manager vs administrative & finance manager overview

Senior Finance ManagerAdministrative & Finance Manager
Yearly salary$133,358$76,989
Hourly rate$64.11$37.01
Growth rate17%17%
Number of jobs139,639143,109
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 63%
Average age4646
Years of experience88

What does a senior finance manager do?

A senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.

What does an administrative & finance manager do?

An administrative and finance manager handles a company's expenditures, requests, invoices, and other financial documentation. Their primary duty is to oversee a finance team's daily work. Additionally, they must coordinate financial staff, ensure that orders from management are carried out, complete the company's financial statements, and provide tax data for the legal department.

Senior finance manager vs administrative & finance manager salary

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

Senior Finance ManagerAdministrative & Finance Manager
Average salary$133,358$76,989
Salary rangeBetween $95,000 And $185,000Between $55,000 And $107,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyRokuMeta
Best paying industryProfessionalInsurance

Differences between senior finance manager and administrative & finance manager education

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

Senior Finance ManagerAdministrative & Finance Manager
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 63%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior finance manager vs administrative & finance manager demographics

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

Senior Finance ManagerAdministrative & Finance Manager
Average age4646
Gender ratioMale, 70.3% Female, 29.7%Male, 50.7% Female, 49.3%
Race ratioBlack or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between senior finance manager and administrative & finance manager duties and responsibilities

Senior finance manager example responsibilities.

  • Manage regional treasury functions including coordination with international HQ for daily cash balance requirements.
  • Manage staff of financial analysts who perform divisional and branch portfolio and profit/loss analysis.
  • Manage Oracle/Hyperion application upgrade used to support the close, consolidate and report process within Oracle/PeopleSoft ERP environment.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Manage eight team members' activities including daily transaction processing, monthly reconciliations and analysis, and financial statement preparation
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Show more

Administrative & finance manager example responsibilities.

  • Manage payroll and organizational projects using QuickBooks for non-profits.
  • Process bi-weekly payroll utilizing QuickBooks and manage financial and clinical performance.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Prepare monthly and annual financial statements along with supporting schedules resulting in minimal follow up by external CPA's.
  • Work closely with the CPA firm to ensure proper income tax filing and keep the company books flowing smoothly.
  • Direct ERP system implementation, establish beginning balances and database information, and train users on applications and requirements.
  • Show more

Senior finance manager vs administrative & finance manager skills

Common senior finance manager skills
  • Hyperion, 7%
  • Financial Performance, 5%
  • Financial Analysis, 5%
  • Business Development, 4%
  • SR, 4%
  • Financial Models, 4%
Common administrative & finance manager skills
  • Payroll Processing, 10%
  • Human Resources, 7%
  • Oversight, 7%
  • Administrative Procedures, 6%
  • Financial Management, 5%
  • Financial Analysis, 5%

Browse executive management jobs