Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between treasury managers and audit 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 treasury manager and an audit manager. Additionally, an audit manager has an average salary of $121,419, which is higher than the $110,139 average annual salary of a treasury manager.
The top three skills for a treasury manager include cash management, treasury and foreign exchange. The most important skills for an audit manager are CPA, internal audit, and audit reports.
| Treasury Manager | Audit Manager | |
| Yearly salary | $110,139 | $121,419 |
| Hourly rate | $52.95 | $58.37 |
| Growth rate | 17% | 17% |
| Number of jobs | 64,423 | 70,168 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 75% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A treasury manager is primarily in charge of supervising the cash flow of all financial activities in a company, ensuring accuracy and efficiency. Their responsibilities typically revolve around devising strategies to optimize financial procedures, monitoring the costs and expenditures of different departments, performing audits and risk assessments, and coordinating with various offices to gather necessary financial data. Furthermore, as a financial manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
An audit manager is responsible for the complete audit process of finances in an organization. They work for banks and report directly to the audit committee. Based on findings gathered, a financial institution can gain vision into their variance and overall performance. They are also responsible for scheduling audits, initiating departmental audits, consolidation, and analysis of audit reports, and reviewing accounting procedures. Moreover, part of their tasks is to create audit finding presentations to be presented to the audit committee. It requires a high amount of accountability to be an effective audit manager.
Treasury managers and audit managers have different pay scales, as shown below.
| Treasury Manager | Audit Manager | |
| Average salary | $110,139 | $121,419 |
| Salary range | Between $77,000 And $156,000 | Between $82,000 And $178,000 |
| Highest paying City | White Plains, NY | Portland, ME |
| Highest paying state | New York | Maine |
| Best paying company | Meta | Meta |
| Best paying industry | Automotive | Manufacturing |
There are a few differences between a treasury manager and an audit manager in terms of educational background:
| Treasury Manager | Audit Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 75% |
| Most common major | Finance | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between treasury managers' and audit managers' demographics:
| Treasury Manager | Audit Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 66.0% Female, 34.0% |
| Race ratio | 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% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |