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Accounting assistant vs assistant account manager

The differences between accounting assistants and assistant 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 assistant, becoming an assistant account manager takes usually requires 6-8 years. Additionally, an assistant account manager has an average salary of $45,905, which is higher than the $39,569 average annual salary of an accounting assistant.

The top three skills for an accounting assistant include data entry, customer service and reconciliations. The most important skills for an assistant account manager are HR, emergency situations, and account management.

Accounting assistant vs assistant account manager overview

Accounting AssistantAssistant Account Manager
Yearly salary$39,569$45,905
Hourly rate$19.02$22.07
Growth rate-5%17%
Number of jobs63,945115,363
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 62%
Average age5146
Years of experience68

What does an accounting assistant do?

An accounting assistant is responsible for supporting the daily operations of the business' accounting department, from reviewing financial transactions to the submission of financial reports. Accounting assistants' duties include performing data entry and clerical tasks, maintaining a safe record of account statements, updating and analyzing transactions, verifying the accuracy of financial records, and managing customers and vendors' inquiries as immediate as possible. An accounting assistant must have a broad knowledge of the accounting principles and processes, as well as excellent communication and time-management skills, especially on meeting strict deadlines and doing complex tasks as needed.

What does an assistant account manager do?

An assistant account manager is in charge of performing clerical support tasks for account managers. Their responsibilities revolve around preparing and processing documents, answering calls and correspondence, taking part in managing schedules and budgets, arranging meetings and appointments, and performing research and analysis to identify new business opportunities. They may also pursue sales leads, reaching out to clients to offer products or services. Furthermore, as an assistant account manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.

Accounting assistant vs assistant account manager salary

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

Accounting AssistantAssistant Account Manager
Average salary$39,569$45,905
Salary rangeBetween $30,000 And $50,000Between $31,000 And $66,000
Highest paying CityWashington, DCToms River, NJ
Highest paying stateNew YorkNew Jersey
Best paying companyLos Alamos National LaboratoryElanco
Best paying industryFinanceProfessional

Differences between accounting assistant and assistant account manager education

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

Accounting AssistantAssistant Account Manager
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 62%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting assistant vs assistant account manager demographics

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

Accounting AssistantAssistant Account Manager
Average age5146
Gender ratioMale, 20.1% Female, 79.9%Male, 40.4% Female, 59.6%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6%Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.3% American Indian and Alaska Native, 0.3%
LGBT Percentage7%11%

Differences between accounting assistant and assistant account manager duties and responsibilities

Accounting assistant example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Participate in weekly, monthly, quarterly, and yearly audits to ensure SOX compliance and propose opportunities for improvement.
  • Meet with account teams to discuss job structure, new projects, client requests, billing procedures, and SOX requirements.
  • Reconcile departmental report cash against banking ACH transactions.
  • Process mortgage portfolio monthly payments and interest accruals.
  • Utilize online system for calculating payroll and family tuition payments.
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Assistant account manager example responsibilities.

  • Capitalize on strong organizational and interpersonal skills to expertly manage the regional provider enrollment system for Medicare and Medicaid memberships.
  • Prepare account reconciliations, investigate differences and conduct expense analysis and maintain the company's fix assets system.
  • Allocate revenue of sales, cash flow, inflow and outflow, wire transfers to ensure compliance with GAAP accounting standards.
  • Full responsibility accounting including month end/year end close, reconciliations, budgets, forecasts and performance management.
  • Work closely with CPA firm on annual tax filings.
  • Submit product return claims through documentation and EDI transmissions.
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Accounting assistant vs assistant account manager skills

Common accounting assistant skills
  • Data Entry, 13%
  • Customer Service, 11%
  • Reconciliations, 8%
  • Purchase Orders, 7%
  • Credit Card Payments, 6%
  • General Ledger Accounts, 5%
Common assistant account manager skills
  • HR, 25%
  • Emergency Situations, 24%
  • Account Management, 6%
  • Insurance Policies, 4%
  • Quality Customer Service, 4%
  • Financial Statements, 4%

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