Crossword Genius

Money man: penny rates may vary (9)

Ross

I believe the answer is:

paymaster

I'm a little stuck... Click here to teach me more about this clue!

'money man' is the definition.
The answer and definition can be both people as well as being singular nouns.
Maybe they are linked in a way I don't understand?

'penny rates may vary' is the wordplay.
'penny' becomes 'p' (short for pence).
'vary' indicates anagramming the letters.
'rates'+'may'='ratesmay'
'ratesmay' is an anagram of 'aymaster'.
'p'+'aymaster'='PAYMASTER'

Can you help me to learn more?

(Other definitions for paymaster that I've seen before include "Government official" , "One controlling through money" , "I hand out bread" , "Salary official" , "Official handing out money to troops or workers" .)

I've seen this clue in The Sun.
Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.