What does a vice president and portfolio manager do?

A Tax Manager is responsible for managing tax reporting and compliance within an organization. They provide innovative tax planning and prepare state and federal tax returns for companies.

These skill sets are where the common ground ends though. The responsibilities of a vice president and portfolio manager are more likely to require skills like "risk management," "portfolio management," "loan portfolio," and "asset allocation." On the other hand, a job as a tax manager requires skills like "cpa," "tax planning," "tax compliance," and "taxation." As you can see, what employees do in each career varies considerably.

Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.

In addition to the difference in salary, there are some other key differences worth noting. For example, vice president and portfolio manager responsibilities are more likely to require skills like "risk management," "portfolio management," "loan portfolio," and "asset allocation." Meanwhile, a branch manager has duties that require skills in areas such as "customer satisfaction," "branch management," "human resources," and "performance management." These differences highlight just how different the day-to-day in each role looks.

A cash manager is responsible for monitoring cash flow, analyzing financial transactions, and allocating adequate budget and resources for every department's operations. Cash managers conduct data and statistical analysis to determine the company's expenses and financial loss and strategize techniques in minimizing those risks. They also help senior management in identifying business opportunities that would generate more revenue resources and increase profits for the business. A cash manager handles billing disputes, resolves account discrepancies, and submits accurate financial reports.

The required skills of the two careers differ considerably. For example, vice president and portfolio managers are more likely to have skills like "risk management," "portfolio management," "loan portfolio," and "asset allocation." But a cash manager is more likely to have skills like "customer service," "reconciliations," "ach," and "petty cash."

A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.

Even though a few skill sets overlap between vice president and portfolio managers and bank managers, there are some differences that are important to note. For one, a vice president and portfolio manager might have more use for skills like "portfolio management," "asset allocation," "covenant compliance," and "macro." Meanwhile, some responsibilities of bank managers require skills like "bank products," "financial services," "secrecy," and "community involvement. "