An account management representative is a finance professional who manages accounts for customers, businesses and organizations, and works with sales, marketing, and other organizational teams to ensure that accounts are managed appropriately and efficiently. These individuals respond to inquiries, help troubleshoot issues, provide financial advice and resolve any accounting issues.
Account management representatives also conduct research and analysis to discover new markets and business opportunities for clients, offer suggestions in regards to products and services, and develop account management and sales strategies to boost efficiency and profitability.
Most account management representatives have a bachelor's degree in accounting, finance, or a related field, and many have certification as a CPA (certified public accountant). These individuals should have extensive knowledge of accounting, finance, sales, and marketing, and be adept at researching emerging markets and sales opportunities. An account management representative should possess strong communication, analytical, organizational, and research skills, and should be comfortable working with financial computer software and databases. An account management representative can make up to $39,000 annually in the US, however, the career field is expected to decline slightly by 2% in the next 10 years.
There is more than meets the eye when it comes to being an account management representative. For example, did you know that they make an average of $18.54 an hour? That's $38,562 a year!
Between 2018 and 2028, the career is expected to grow -2% and produce -51,600 job opportunities across the U.S.
There are certain skills that many account management representatives have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, computer skills and customer-service skills.
If you're interested in becoming an account management representative, one of the first things to consider is how much education you need. We've determined that 50.2% of account management representatives have a bachelor's degree. In terms of higher education levels, we found that 6.1% of account management representatives have master's degrees. Even though most account management representatives have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an account management representative. When we researched the most common majors for an account management representative, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on account management representative resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become an account management representative. In fact, many account management representative jobs require experience in a role such as customer service representative. Meanwhile, many account management representatives also have previous career experience in roles such as administrative assistant or cashier.