Account officer vs branch manager

The differences between account officers and branch 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 officer and a branch manager. Additionally, a branch manager has an average salary of $56,291, which is higher than the $55,021 average annual salary of an account officer.

The top three skills for an account officer include payroll, KYC and external auditors. The most important skills for a branch manager are customer satisfaction, business development, and branch management.

Account officer vs branch manager overview

	Account Officer	Branch Manager
Yearly salary	$55,021	$56,291
Hourly rate	$26.45	$27.06
Growth rate	17%	17%
Number of jobs	135,559	333,883
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 65%
Average age	46	46
Years of experience	8	8

Account officer vs branch manager salary

Account officers and branch managers have different pay scales, as shown below.

	Account Officer	Branch Manager
Average salary	$55,021	$56,291
Salary range	Between $37,000 And $80,000	Between $39,000 And $80,000
Highest paying City	New York, NY	Oakland, CA
Highest paying state	New York	Alaska
Best paying company	Citi	FNB
Best paying industry	Energy	Professional

Differences between account officer and branch manager education

There are a few differences between an account officer and a branch manager in terms of educational background:

	Account Officer	Branch Manager
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 65%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	Stanford University

Account officer vs branch manager demographics

Here are the differences between account officers' and branch managers' demographics:

	Account Officer	Branch Manager
Average age	46	46
Gender ratio	Male, 56.6% Female, 43.4%	Male, 59.8% Female, 40.2%
Race ratio	Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3%	Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between account officer and branch manager duties and responsibilities

Account officer example responsibilities.

Develop RFP responses and consistently demonstrate flawless execution to achieve continual growth in each account.
Perform payroll function such as maintaining timekeeping information, processing and submitting payroll.
Maintain staff payroll and ensure early remittance of statutory deductions to the relevant authorities.
Secure a promotion within one year by assuming journal entry and basic reconciliations responsibilities in addition to already performing AP functions.
Perform charge corrections on specific accounts requiring ICD-9 coding changes.
Review patient's explanation of benefits (EOB) to determine the specific financial obligation.

Branch manager example responsibilities.

Manage and coordinate a high volume sales pipeline from beginning to closing while ensuring all RESPA regulations are met.
Warehouse operations plus office duties, A/P, A/R.
Support A/R, A/P, and provide data analyzation from 12 branches to assist with annual budgeting projections/forecasting.
Provide leadership for sales, customer service, operations, compliance, and ethics as branch manager of an in-store branch.
Educate staff in areas of bank secrecy, bank regulations, and internal audit policy.
Train agents and managers using office generate PowerPoint presentations, company flip charts and training videos.

Account officer vs branch manager skills

Common account officer skills

Payroll, 8%
KYC, 7%
External Auditors, 7%
General Ledger Accounts, 7%
Loan Applications, 6%
Real Estate, 6%

Common branch manager skills

Customer Satisfaction, 8%
Business Development, 7%
Branch Management, 5%
Human Resources, 5%
Financial Statements, 5%
Performance Management, 4%