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Treasury manager vs finance center manager

The differences between treasury managers and finance center 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 center manager. Additionally, a treasury manager has an average salary of $110,139, which is higher than the $58,763 average annual salary of a finance center manager.

The top three skills for a treasury manager include cash management, treasury and foreign exchange. The most important skills for a finance center manager are customer service, exceptional client, and financial services.

Treasury manager vs finance center manager overview

Treasury ManagerFinance Center Manager
Yearly salary$110,139$58,763
Hourly rate$52.95$28.25
Growth rate17%17%
Number of jobs64,423151,642
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 71%
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 center manager do?

The duties of a finance center manager depend on one's place or industry of employment. Typically, they are responsible for overseeing the operations of a financial center, ensuring everything is running smoothly. They are also responsible for performing clerical tasks such as producing progress reports and presentations, managing schedules, setting goals and deadlines, processing documents, and maintaining data and records of all financial activities. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.

Treasury manager vs finance center manager salary

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

Treasury ManagerFinance Center Manager
Average salary$110,139$58,763
Salary rangeBetween $77,000 And $156,000Between $33,000 And $104,000
Highest paying CityWhite Plains, NY-
Highest paying stateNew York-
Best paying companyMeta-
Best paying industryAutomotive-

Differences between treasury manager and finance center manager education

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

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

Treasury manager vs finance center manager demographics

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

Treasury ManagerFinance Center Manager
Average age4646
Gender ratioMale, 63.3% Female, 36.7%Male, 49.1% Female, 50.9%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.0% White, 64.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between treasury manager and finance center 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 center manager example responsibilities.

  • Assist in achieving strategic goals including deposit accounts, consumer loans, wealth management, and treasury products through personal production.
  • Support clinicians by regularly communicating on center s status, managing patient correspondence, fulfilling pharmaceutical needs, and discharging patients.
  • Perform extensive sales training and coaching in evaluating client needs, cross-selling appropriate products and services, and training team members.
  • Identify cross-selling opportunities and refer appropriate products.
  • Monitor authoritative guidance and conduct technical accounting research to ensure all financial statements and disclosures are presented in accordance with GAAP.
  • Service clients through referrals; deposit accounts; loans; treasury management and card services.
  • Show more

Treasury manager vs finance center 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 center manager skills
  • Customer Service, 22%
  • Exceptional Client, 16%
  • Financial Services, 16%
  • Regulatory Policies, 14%
  • Operational Procedures, 13%
  • Customer Relationships, 4%

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