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Senior finance manager vs finance supervisor

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 vs finance supervisor overview

Senior Finance ManagerFinance Supervisor
Yearly salary$133,358$76,387
Hourly rate$64.11$36.72
Growth rate17%6%
Number of jobs139,63980,296
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 68%
Average age4644
Years of experience84

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 a finance supervisor do?

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 manager vs finance supervisor salary

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

Senior Finance ManagerFinance Supervisor
Average salary$133,358$76,387
Salary rangeBetween $95,000 And $185,000Between $55,000 And $104,000
Highest paying CitySan Francisco, CAJersey City, NJ
Highest paying stateCaliforniaNew Jersey
Best paying companyRokuPacific Gas and Electric
Best paying industryProfessionalAutomotive

Differences between senior finance manager and finance supervisor education

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

Senior Finance ManagerFinance Supervisor
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 68%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior finance manager vs finance supervisor demographics

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

Senior Finance ManagerFinance Supervisor
Average age4644
Gender ratioMale, 70.3% Female, 29.7%Male, 47.2% Female, 52.8%
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, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage11%7%

Differences between senior finance manager and finance supervisor 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

Finance supervisor example responsibilities.

  • Lead financial planning & analysis, accounting/general ledger operations and GAAP financial reporting for multiple locations.
  • Supervise month-end close activities, including reviewing journal entries, account reconciliations, financial statement preparation, inventory and capital.
  • Create and update Hyperion reports for various departmental needs.
  • Prepare and update SOX and internal policies and procedures quarterly for the accounting department.
  • Conduct audits of processes to determine compliance with prescribe procedures, accuracy of records and SOX.
  • Team leader for the accounting department during the upgrade of the company's ERP system from FP2 to FP7.
  • Show more

Senior finance manager vs finance supervisor skills

Common senior finance manager skills
  • Hyperion, 7%
  • Financial Performance, 5%
  • Financial Analysis, 5%
  • Business Development, 4%
  • SR, 4%
  • Financial Models, 4%
Common finance supervisor skills
  • Customer Service, 13%
  • Patients, 6%
  • Reconciliations, 6%
  • Internal Controls, 6%
  • Strong Analytical, 6%
  • Payroll, 5%

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