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The differences between senior finance managers and bank 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 a bank manager. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $96,910 average annual salary of a bank manager.
The top three skills for a senior finance manager include hyperion, financial performance and financial analysis. The most important skills for a bank manager are bank products, financial services, and business development.
| Senior Finance Manager | Bank Manager | |
| Yearly salary | $133,358 | $96,910 |
| Hourly rate | $64.11 | $46.59 |
| Growth rate | 17% | 17% |
| Number of jobs | 139,639 | 66,136 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.
Senior finance managers and bank managers have different pay scales, as shown below.
| Senior Finance Manager | Bank Manager | |
| Average salary | $133,358 | $96,910 |
| Salary range | Between $95,000 And $185,000 | Between $65,000 And $142,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Roku | Accenture |
| Best paying industry | Professional | Finance |
There are a few differences between a senior finance manager and a bank manager in terms of educational background:
| Senior Finance Manager | Bank Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 64% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior finance managers' and bank managers' demographics:
| Senior Finance Manager | Bank Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 70.3% Female, 29.7% | Male, 48.9% Female, 51.1% |
| Race ratio | Black 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, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |