Post job

Treasury manager vs finance account manager

The differences between treasury managers and finance account 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 finance account manager. Additionally, a treasury manager has an average salary of $110,139, which is higher than the $68,403 average annual salary of a finance account manager.

The top three skills for a treasury manager include cash management, treasury and foreign exchange. The most important skills for a finance account manager are financial services, account management, and financial analysis.

Treasury manager vs finance account manager overview

Treasury ManagerFinance Account Manager
Yearly salary$110,139$68,403
Hourly rate$52.95$32.89
Growth rate17%17%
Number of jobs64,423184,766
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does a treasury manager do?

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.

What does a finance account manager do?

The job of a finance account manager is to oversee, monitor, and evaluate the day-to-day activities of an organization's accounting department. As a finance account manager, you will perform a variety of tasks that may include assisting the accountant with reports and client settlement transactions, developing and implementing operational procedures and policies, and monitoring and analyzing accounting data. You will also be responsible for producing financial statements and reports and ensuring that the organization's financial accounting goals and objectives are met.

Treasury manager vs finance account manager salary

Treasury managers and finance account managers have different pay scales, as shown below.

Treasury ManagerFinance Account Manager
Average salary$110,139$68,403
Salary rangeBetween $77,000 And $156,000Between $46,000 And $100,000
Highest paying CityWhite Plains, NYSan Francisco, CA
Highest paying stateNew YorkPennsylvania
Best paying companyMetaThe New York Times Company
Best paying industryAutomotiveManufacturing

Differences between treasury manager and finance account manager education

There are a few differences between a treasury manager and a finance account manager in terms of educational background:

Treasury ManagerFinance Account Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 70%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Treasury manager vs finance account manager demographics

Here are the differences between treasury managers' and finance account managers' demographics:

Treasury ManagerFinance Account Manager
Average age4646
Gender ratioMale, 63.3% Female, 36.7%Male, 48.7% Female, 51.3%
Race ratioBlack 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 Percentage11%11%

Differences between treasury manager and finance account manager duties and responsibilities

Treasury manager example responsibilities.

  • Manage Bloomberg electronic trading environment with investment banks, dealers, develop and maintain investment database and all investment/bank/treasury systems.
  • Perform balance sheet account reconciliations, account analysis, accrual calculations, and other relate accounting documents/schedules.
  • Calculate monthly depreciation expense per GAAP.
  • Ensure regulatory compliance including spearheading implementation of Sarbanes-Oxley (SOX).
  • Draft SOX documentation for FX operation; identify weaknesses and provide recommendations.
  • Streamline and improve treasury processes and applications that increase efficiency, controls and accuracy of information.
  • Show more

Finance account manager example responsibilities.

  • Manage staff, insurance and patient AR, and bookkeeping functions, which include payroll.
  • Monitor all transactions in assign inventory finance portfolio to manage invoice funding approval decision.
  • Input deals and prepare customer information through ADP and CDK services.
  • Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
  • Attend weekly meetings to stay update in Medicare billing changes and company policy updates.
  • Process gross pay, state and federal tax withholding, social security, Medicare and other deductions for all employees.
  • Show more

Treasury manager vs finance account manager skills

Common treasury manager skills
  • Cash Management, 14%
  • Treasury, 13%
  • Foreign Exchange, 4%
  • Risk Management, 4%
  • Cash Flow, 4%
  • Treasury Operations, 3%
Common finance account manager skills
  • Financial Services, 14%
  • Account Management, 8%
  • Financial Analysis, 7%
  • Customer Relationships, 6%
  • Payroll, 4%
  • Financial Models, 4%

Browse executive management jobs