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The differences between account directors and account development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an account director and an account development manager. Additionally, an account director has an average salary of $114,728, which is higher than the $72,375 average annual salary of an account development manager.
The top three skills for an account director include account management, project management and work ethic. The most important skills for an account development manager are customer relationships, customer accounts, and CRM.
| Account Director | Account Development Manager | |
| Yearly salary | $114,728 | $72,375 |
| Hourly rate | $55.16 | $34.80 |
| Growth rate | 5% | 5% |
| Number of jobs | 132,260 | 214,004 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An account director is responsible for managing client accounts, monitoring budgets, and sales forecasting. Their goal is to maintain stable account management strategies, meet clients' demands, develop healthy professional partnerships that would generate revenues, increase profitability, and achieve the organization's long-term goals objectives. Account directors supervise the account management staff, ensuring the project's successful completion with the highest efficiency and accuracy. An account director also plans training programs to maximize their performance and productivity, especially when dealing with deadlines and clients' requests.
An account development manager's responsibilities revolve around securing and reaching sales targets, creating business plans, developing strategies, and building positive relationships with clients. They must also reach out to clients through calls and correspondence, offer products and services, and address any issues and concerns, resolving them promptly and efficiently. There are also instances when they have to collect and process payments, perform follow-up calls, negotiate contracts, and even open and close accounts. Furthermore, as a manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
Account directors and account development managers have different pay scales, as shown below.
| Account Director | Account Development Manager | |
| Average salary | $114,728 | $72,375 |
| Salary range | Between $82,000 And $158,000 | Between $43,000 And $120,000 |
| Highest paying City | San Francisco, CA | Sacramento, CA |
| Highest paying state | New Jersey | New York |
| Best paying company | BuzzFeed | NVIDIA |
| Best paying industry | Professional | Technology |
There are a few differences between an account director and an account development manager in terms of educational background:
| Account Director | Account Development Manager | |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between account directors' and account development managers' demographics:
| Account Director | Account Development Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 50.9% Female, 49.1% | Male, 61.8% Female, 38.2% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 7% |