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The differences between senior finance managers and finance supervisors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a senior finance manager, becoming a finance supervisor takes usually requires 2-4 years. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $76,387 average annual salary of a finance supervisor.
The top three skills for a senior finance manager include hyperion, financial performance and financial analysis. The most important skills for a finance supervisor are customer service, patients, and reconciliations.
| Senior Finance Manager | Finance Supervisor | |
| Yearly salary | $133,358 | $76,387 |
| Hourly rate | $64.11 | $36.72 |
| Growth rate | 17% | 6% |
| Number of jobs | 139,639 | 80,296 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Average age | 46 | 44 |
| Years of experience | 8 | 4 |
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 finance supervisor is typically in charge of overseeing the budgets and financial activities of a company. Among their responsibilities include coordinating with different departments to gather and analyze financial data, performing audits and assessments, preparing and presenting financial reports and budget plans, updating databases, and developing strategies to optimize the finance department's operations. Moreover, as a supervisor, it is essential to lead and encourage the finance staff to reach goals, all while enforcing the company's policies and regulations.
Senior finance managers and finance supervisors have different pay scales, as shown below.
| Senior Finance Manager | Finance Supervisor | |
| Average salary | $133,358 | $76,387 |
| Salary range | Between $95,000 And $185,000 | Between $55,000 And $104,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | California | New Jersey |
| Best paying company | Roku | Pacific Gas and Electric |
| Best paying industry | Professional | Automotive |
There are a few differences between a senior finance manager and a finance supervisor in terms of educational background:
| Senior Finance Manager | Finance Supervisor | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior finance managers' and finance supervisors' demographics:
| Senior Finance Manager | Finance Supervisor | |
| Average age | 46 | 44 |
| Gender ratio | Male, 70.3% Female, 29.7% | Male, 47.2% Female, 52.8% |
| 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, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 7% |