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The differences between accounting managers and management accounts 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 accounting manager and a management accounts manager. Additionally, a management accounts manager has an average salary of $91,681, which is higher than the $84,451 average annual salary of an accounting manager.
The top three skills for an accounting manager include reconciliations, CPA and GAAP. The most important skills for a management accounts manager are customer service, client facing, and project management.
| Accounting Manager | Management Accounts Manager | |
| Yearly salary | $84,451 | $91,681 |
| Hourly rate | $40.60 | $44.08 |
| Growth rate | 17% | 17% |
| Number of jobs | 92,089 | 113,871 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
A management accounts manager is responsible for maintaining healthy business relationships with clients by handling their project accounts, improving account management procedures, and identifying business opportunities that would generate more revenue resources for the company. Management accounts managers compile portfolio reports, including how the client's account performs in the market and its financial stability. They also negotiate contracts, settle terms and agreements, and ensure the highest customer experience by implementing strategic plans to enhance the company's services.
Accounting managers and management accounts managers have different pay scales, as shown below.
| Accounting Manager | Management Accounts Manager | |
| Average salary | $84,451 | $91,681 |
| Salary range | Between $60,000 And $117,000 | Between $66,000 And $125,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Vermont | Washington |
| Best paying company | Morgan Lewis | Meta |
| Best paying industry | Finance | Energy |
There are a few differences between an accounting manager and a management accounts manager in terms of educational background:
| Accounting Manager | Management Accounts Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting managers' and management accounts managers' demographics:
| Accounting Manager | Management Accounts Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 40.4% Female, 59.6% | Male, 48.6% Female, 51.4% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |