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The differences between treasury managers and business manager-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 treasury manager and a business manager-finance manager. Additionally, a treasury manager has an average salary of $110,139, which is higher than the $106,036 average annual salary of a business manager-finance manager.
The top three skills for a treasury manager include cash management, treasury and foreign exchange. The most important skills for a business manager-finance manager are financial analysis, project management, and financial management.
| Treasury Manager | Business Manager-Finance Manager | |
| Yearly salary | $110,139 | $106,036 |
| Hourly rate | $52.95 | $50.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 64,423 | 180,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| 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.
A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.
Treasury managers and business manager-finance managers have different pay scales, as shown below.
| Treasury Manager | Business Manager-Finance Manager | |
| Average salary | $110,139 | $106,036 |
| Salary range | Between $77,000 And $156,000 | Between $73,000 And $152,000 |
| Highest paying City | White Plains, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Meta | ZS |
| Best paying industry | Automotive | Finance |
There are a few differences between a treasury manager and a business manager-finance manager in terms of educational background:
| Treasury Manager | Business Manager-Finance Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between treasury managers' and business manager-finance managers' demographics:
| Treasury Manager | Business Manager-Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 58.8% Female, 41.2% |
| 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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |