Account Officer Vs Finance Manager

The differences between account officers and finance 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 finance manager. Additionally, a finance manager has an average salary of $101,374, 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 finance manager are financial analysis, CPA, and customer service.

Account officer vs finance manager overview

	Account Officer	Finance Manager
Yearly Salary	$55,021	$101,374
Hourly rate	$26.45	$48.74
Growth Rate	17%	17%
Number Of Jobs	135,559	125,345
Job Satisfaction	-	5
Most Common Degree	Bachelor's Degree, 62%	Bachelor's Degree, 66%
Average Age	46	46
Years Of Experience	8	8

Account officer vs finance manager salary

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

	Account Officer	Finance Manager
Average Salary	$55,021	$101,374
Salary Range	Between $37,000 And $80,000	Between $71,000 And $144,000
Highest Paying City	New York, NY	New York, NY
Highest Paying State	New York	New York
Best Paying Company	Citi	Barclays
Best Paying Industry	Energy	Finance

Differences between account officer and finance manager education

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

	Account Officer	Finance Manager
Most Common Degree	Bachelor's Degree, 62%	Bachelor's Degree, 66%
Most Common Major	Accounting	Business
Most Common College	University of Pennsylvania	University of Pennsylvania

Account officer vs finance manager demographics

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

	Account Officer	Finance Manager
Average Age	46	46
Gender Ratio	Male, 56.6% Female, 43.4%	Male, 60.0% Female, 40.0%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between account officer and finance 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.

Finance Manager Example Responsibilities.

Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
Lead successful sales team and provide direct oversight on overall dealership business profitability.
Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
Execute simple SQL queries to validate data in tables.

Account officer vs finance manager skills

Common Account Officer Skills

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

Common Finance Manager Skills

Financial Analysis, 7%
CPA, 7%
Customer Service, 6%
Hyperion, 4%
Financial Models, 4%
Strong Analytical, 4%