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The differences between accounting managers and accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become an accounting manager, becoming an accountant takes usually requires 2-4 years. Additionally, an accounting manager has an average salary of $84,451, which is higher than the $54,890 average annual salary of an accountant.
The top three skills for an accounting manager include reconciliations, CPA and GAAP. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.
| Accounting Manager | Accountant | |
| Yearly salary | $84,451 | $54,890 |
| Hourly rate | $40.60 | $26.39 |
| Growth rate | 17% | 6% |
| Number of jobs | 92,089 | 60,073 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 71% |
| Average age | 46 | 44 |
| Years of experience | 8 | 4 |
An accounting manager is responsible for supervising and monitoring the overall accounting department operations. Duties of an accounting manager include reviewing account information and account statements, processing invoices, analyzing financial data, performing account reconciliations, assisting with tax processing and audit reports, and generating financial reports for presentation with the board. An accounting manager must have excellent knowledge of the accounting principles and legislation to assist the team with the company's financial goals. Accounting managers must have the outstanding analytical, critical thinking, and decision-making skills to develop the best competitive financial strategies.
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
Accounting managers and accountants have different pay scales, as shown below.
| Accounting Manager | Accountant | |
| Average salary | $84,451 | $54,890 |
| Salary range | Between $60,000 And $117,000 | Between $41,000 And $72,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | Vermont | New York |
| Best paying company | Morgan Lewis | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between an accounting manager and an accountant in terms of educational background:
| Accounting Manager | Accountant | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting managers' and accountants' demographics:
| Accounting Manager | Accountant | |
| Average age | 46 | 44 |
| Gender ratio | Male, 40.4% Female, 59.6% | Male, 38.2% Female, 61.8% |
| Race ratio | Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 10.0% White, 63.2% American Indian and Alaska Native, 0.3% | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 7% |