Asset manager vs management accounts manager

The differences between asset 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 asset manager and a management accounts manager. Additionally, a management accounts manager has an average salary of $91,681, which is higher than the $85,814 average annual salary of an asset manager.

The top three skills for an asset manager include asset management, financial statements and property management. The most important skills for a management accounts manager are customer service, client facing, and project management.

Asset manager vs management accounts manager overview

	Asset Manager	Management Accounts Manager
Yearly salary	$85,814	$91,681
Hourly rate	$41.26	$44.08
Growth rate	17%	17%
Number of jobs	64,732	113,871
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 69%
Average age	46	46
Years of experience	8	8

What does an asset manager do?

An asset manager is responsible for advising clients with their investment preferences and financial goals based on their assets' quantity and value. Asset managers regularly meet with their clients regarding their asset management's progress, recommending more investment options and considering the clients' needs. They manage financial portfolios and prepare stock market reports and forecasts as needed. An asset manager must have a broad knowledge of the financial industry and investment processes, identifying profit opportunities for long-term investment objectives.

What does a management accounts manager do?

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.

Asset manager vs management accounts manager salary

Asset managers and management accounts managers have different pay scales, as shown below.

	Asset Manager	Management Accounts Manager
Average salary	$85,814	$91,681
Salary range	Between $59,000 And $123,000	Between $66,000 And $125,000
Highest paying City	New York, NY	Seattle, WA
Highest paying state	New York	Washington
Best paying company	Deutsche Bank	Meta
Best paying industry	Finance	Energy

Differences between asset manager and management accounts manager education

There are a few differences between an asset manager and a management accounts manager in terms of educational background:

	Asset Manager	Management Accounts Manager
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 69%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Asset manager vs management accounts manager demographics

Here are the differences between asset managers' and management accounts managers' demographics:

	Asset Manager	Management Accounts Manager
Average age	46	46
Gender ratio	Male, 64.3% Female, 35.7%	Male, 48.6% Female, 51.4%
Race ratio	Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.9% White, 63.8% 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%

Differences between asset manager and management accounts manager duties and responsibilities

Asset manager example responsibilities.

Manage and improve the processes require to support server end of life and normal windows patching processes.
Manage a pipeline of assets/projects through the project life cycle of short sale/deed in lieu of foreclosure through closing.
Manage and facilitate IRB investigations of report non-compliance and/or scientific misconduct.
Recognize for financial acumen, successfully managing invoicing, vendor accounts, reconciliations, and target reports.
Manage commercial and multifamily REO portfolio preparing property operating plans to enhance value and marketability of REO asset
Trade structured product securities for accounts manage by other portfolio managers base on economic conditions and the needs of specific portfolios.

Management accounts manager example responsibilities.

Manage company strategic initiatives for the Americas.
Specialize in data collection logistics and documentation on specific vehicles and manage inventory using CRM applications.
Report directly to the VP of Americas on all sales base initiatives.
Coordinate financial closings and consolidations working to enhance the Solomon ERP system.
Serve as project team lead from the accounting department for the ERP system conversion to JD Edwards.
Conduct quarterly Sarbanes-Oxley testing and documentation.

Asset manager vs management accounts manager skills

Common asset manager skills

Asset Management, 20%
Financial Statements, 7%
Property Management, 7%
Customer Service, 6%
Oversight, 5%
Loan Portfolio, 5%

Common management accounts manager skills

Customer Service, 18%
Client Facing, 7%
Project Management, 6%
Customer Satisfaction, 6%
Business Development, 6%
CRM, 4%

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Asset Manager
Asset Manager vs Management Accounts Manager

Updated January 8, 2025

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