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Accounting administrator vs account manager

The differences between accounting administrators and account managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounting administrator, becoming an account manager takes usually requires 6-8 years. Additionally, an account manager has an average salary of $68,535, which is higher than the $48,068 average annual salary of an accounting administrator.

The top three skills for an accounting administrator include customer service, data entry and reconciliations. The most important skills for an account manager are customer service, account management, and healthcare.

Accounting administrator vs account manager overview

Accounting AdministratorAccount Manager
Yearly salary$48,068$68,535
Hourly rate$23.11$32.95
Growth rate-5%5%
Number of jobs97,934152,261
Job satisfaction-4
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 70%
Average age5146
Years of experience68

What does an accounting administrator do?

An accounting administrator is responsible for reviewing and analyzing account statements, managing deposits, and resolving bank discrepancies and financial disputes. Accounting administrators handle the efficient and accurate cash flow within an organization, including payroll release and filing of petty cash. They maintain an organized record of payments and billing statements for reference and audit purposes to generate reports for the management. An accounting administrator must have extensive knowledge of the accounting principles, as well as excellent communication and analytical skills to perform duties effectively, even under minimal supervision.

What does an account manager do?

Account managers are employees who act as the bridge between the company they represent and the client of the company. They are assigned to handle specific clients so that the company will be able to tailor-fit any product or service according to the clients' requirements. Account managers are responsible for maintaining a harmonious relationship between the two parties by ensuring that any agreement made is amenable to both the company and the client. They are also responsible for ensuring that the company will be able to provide the needs of the client within any limitation that the client may have. Account managers also ensure that the company's reputation and well-being are always considered in any dealings.

Accounting administrator vs account manager salary

Accounting administrators and account managers have different pay scales, as shown below.

Accounting AdministratorAccount Manager
Average salary$48,068$68,535
Salary rangeBetween $32,000 And $70,000Between $42,000 And $110,000
Highest paying CityClifton, NJSan Francisco, CA
Highest paying stateNew JerseyWashington
Best paying companyCambridge AssociatesNVIDIA
Best paying industryTechnologyTechnology

Differences between accounting administrator and account manager education

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

Accounting AdministratorAccount Manager
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 70%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Accounting administrator vs account manager demographics

Here are the differences between accounting administrators' and account managers' demographics:

Accounting AdministratorAccount Manager
Average age5146
Gender ratioMale, 16.9% Female, 83.1%Male, 54.8% Female, 45.2%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%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 Percentage7%7%

Differences between accounting administrator and account manager duties and responsibilities

Accounting administrator example responsibilities.

  • Manage cash flow; online banking, initiates ACH transactions, deposits and transfer of funds.
  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Monitor and resolve accounts overdue, return ACH and collection calls.
  • Import time into the ADP batch and process any expenses or miscellaneous reimbursements.
  • Work directly with the owners & CPA providing weekly/monthly financial reporting and year end tax preparation.
  • Record dividends and loan payments, also consult with CPA and business owners for tax preparation.
  • Show more

Account manager example responsibilities.

  • Manage financial departments with responsibility for managing payroll, bank re-consolidations, bank deposits, budgeting and cost control.
  • Manage $4 million territory encompassing three Mid-Atlantic states.
  • Manage new business and renewals for leading Saas legal solution.
  • Manage an inside sales territory of multiple states with Avaya technology solutions.
  • Negotiate and manage all contracts and pricing for IDN's in the territory.
  • Manage customers' accounts utilizing laptop and internet base CMS reporting software and ADM field guide.
  • Show more

Accounting administrator vs account manager skills

Common accounting administrator skills
  • Customer Service, 13%
  • Data Entry, 9%
  • Reconciliations, 7%
  • Purchase Orders, 6%
  • Journal Entries, 5%
  • Credit Card Payments, 4%
Common account manager skills
  • Customer Service, 19%
  • Account Management, 8%
  • Healthcare, 6%
  • CRM, 6%
  • Product Knowledge, 5%
  • PowerPoint, 5%

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