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The differences between account analysts and account leaders can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an account analyst and an account leader. Additionally, an account leader has an average salary of $108,843, which is higher than the $55,829 average annual salary of an account analyst.
The top three skills for an account analyst include customer service, patients and financial statements. The most important skills for an account leader are account management, customer service, and business development.
| Account Analyst | Account Leader | |
| Yearly salary | $55,829 | $108,843 |
| Hourly rate | $26.84 | $52.33 |
| Growth rate | 6% | 6% |
| Number of jobs | 106,327 | 135,207 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Account analysts are responsible for analyzing account statements and financial transactions of an organization, resolving billing discrepancies, and managing account receivables. They assess the company's financial stability and identify opportunities to improve data analysis techniques by adhering to accounting principles and the company's operational protocols. Account analysts prepare financial reports, evaluate accounts payable, assist in tax audits, and release invoices. They should have excellent analytical and communication skills, especially on posting accurate account reports on the database.
Account leaders are assigned to work on specific client accounts and assist these clients with their needs. They should treat their clients as partners. This would help them forge a better working relationship with clients. Account leaders should have high business acumen and a strong grasp of the current industry landscape. They should be familiar with the company's products and services and which product or service best fits the clients' needs. Account leaders should also know how to retain clients and maintain the client base. They may do this by regularly checking up on clients, making clients feel valued, and mitigating any challenges that may arise.
Account analysts and account leaders have different pay scales, as shown below.
| Account Analyst | Account Leader | |
| Average salary | $55,829 | $108,843 |
| Salary range | Between $39,000 And $78,000 | Between $75,000 And $157,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | New Jersey |
| Best paying company | Venable | Point B |
| Best paying industry | Finance | Professional |
There are a few differences between an account analyst and an account leader in terms of educational background:
| Account Analyst | Account Leader | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between account analysts' and account leaders' demographics:
| Account Analyst | Account Leader | |
| Average age | 44 | 44 |
| Gender ratio | Male, 38.0% Female, 62.0% | Male, 48.4% Female, 51.6% |
| Race ratio | Black or African American, 8.9% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5% | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |