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Treasury manager vs senior finance manager

The differences between treasury managers and senior 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 senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, 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 a senior finance manager are hyperion, financial performance, and financial analysis.

Treasury manager vs senior finance manager overview

Treasury ManagerSenior Finance Manager
Yearly salary$110,139$133,358
Hourly rate$52.95$64.11
Growth rate17%17%
Number of jobs64,423139,639
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 68%
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 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.

Treasury manager vs senior finance manager salary

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

Treasury ManagerSenior Finance Manager
Average salary$110,139$133,358
Salary rangeBetween $77,000 And $156,000Between $95,000 And $185,000
Highest paying CityWhite Plains, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyMetaRoku
Best paying industryAutomotiveProfessional

Differences between treasury manager and senior finance manager education

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

Treasury ManagerSenior Finance Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 68%
Most common majorFinanceAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Treasury manager vs senior finance manager demographics

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

Treasury ManagerSenior Finance Manager
Average age4646
Gender ratioMale, 63.3% Female, 36.7%Male, 70.3% Female, 29.7%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between treasury manager and senior finance 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

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

Treasury manager vs senior finance manager skills

Common treasury manager skills
  • Cash Management, 14%
  • Treasury, 13%
  • Foreign Exchange, 4%
  • Risk Management, 4%
  • Cash Flow, 4%
  • Treasury Operations, 3%
Common senior finance manager skills
  • Hyperion, 7%
  • Financial Performance, 5%
  • Financial Analysis, 5%
  • Business Development, 4%
  • SR, 4%
  • Financial Models, 4%

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