Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between accounting managers/controller and finance managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an accounting manager/controller, becoming a finance manager takes usually requires 6-8 years. Additionally, a finance manager has an average salary of $101,374, which is higher than the $93,973 average annual salary of an accounting manager/controller.
The top three skills for an accounting manager/controller include reconciliations, CPA and internal controls. The most important skills for a finance manager are financial analysis, CPA, and customer service.
| Accounting Manager/Controller | Finance Manager | |
| Yearly salary | $93,973 | $101,374 |
| Hourly rate | $45.18 | $48.74 |
| Growth rate | 6% | 17% |
| Number of jobs | 58,292 | 125,345 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 66% |
| Average age | 44 | 46 |
| Years of experience | 4 | 8 |
An accounting manager/controller is responsible for spearheading and overseeing the daily operations in a company's accounting department. They monitor the company's budgets, including its costs and expenditures, and produce financial reports. It is also their duty to establish objectives and guidelines, manage accounting staff, monitor financial activities, review and assess financial statements, approve expenditures, and resolve issues promptly and efficiently. Furthermore, as an accounting manager/controller, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.
Accounting managers/controller and finance managers have different pay scales, as shown below.
| Accounting Manager/Controller | Finance Manager | |
| Average salary | $93,973 | $101,374 |
| Salary range | Between $66,000 And $133,000 | Between $71,000 And $144,000 |
| Highest paying City | Albany, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Amazon | Barclays |
| Best paying industry | Technology | Finance |
There are a few differences between an accounting manager/controller and a finance manager in terms of educational background:
| Accounting Manager/Controller | Finance Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 66% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting managers/controller' and finance managers' demographics:
| Accounting Manager/Controller | Finance Manager | |
| Average age | 44 | 46 |
| Gender ratio | Male, 48.4% Female, 51.6% | Male, 60.0% Female, 40.0% |
| Race ratio | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.6% American Indian and Alaska Native, 0.5% | 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 | 7% | 11% |