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The differences between account leaders and finance leaders can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an account leader, becoming a finance leader takes usually requires 6-8 years. Additionally, a finance leader has an average salary of $117,284, which is higher than the $108,843 average annual salary of an account leader.
The top three skills for an account leader include account management, customer service and business development. The most important skills for a finance leader are financial analysis, financial management, and business development.
| Account Leader | Finance Leader | |
| Yearly salary | $108,843 | $117,284 |
| Hourly rate | $52.33 | $56.39 |
| Growth rate | 6% | 17% |
| Number of jobs | 135,207 | 93,582 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Average age | 44 | 46 |
| Years of experience | 4 | 8 |
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.
The duties of a finance leader depend on one's place or industry of employment. Typically, their responsibilities revolve around monitoring the sales and financial operations in a company, preparing financial reports and statements, finding new sales opportunities, identifying the market and client needs, and maintaining records of all financial transactions. There are also instances where a finance leader may set and allocate budgets, perform audits in costs and expenditures, all while implementing the company's policies and regulations.
Account leaders and finance leaders have different pay scales, as shown below.
| Account Leader | Finance Leader | |
| Average salary | $108,843 | $117,284 |
| Salary range | Between $75,000 And $157,000 | Between $78,000 And $174,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | Oregon |
| Best paying company | Point B | Apple |
| Best paying industry | Professional | Finance |
There are a few differences between an account leader and a finance leader in terms of educational background:
| Account Leader | Finance Leader | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between account leaders' and finance leaders' demographics:
| Account Leader | Finance Leader | |
| Average age | 44 | 46 |
| Gender ratio | Male, 48.4% Female, 51.6% | Male, 60.0% Female, 40.0% |
| Race ratio | 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% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |