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Assistant account manager vs cost accounting manager

The differences between assistant account managers and cost accounting 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 assistant account manager and a cost accounting manager. Additionally, a cost accounting manager has an average salary of $89,286, which is higher than the $45,905 average annual salary of an assistant account manager.

The top three skills for an assistant account manager include HR, emergency situations and account management. The most important skills for a cost accounting manager are variance analysis, financial analysis, and reconciliations.

Assistant account manager vs cost accounting manager overview

Assistant Account ManagerCost Accounting Manager
Yearly salary$45,905$89,286
Hourly rate$22.07$42.93
Growth rate17%17%
Number of jobs115,36361,135
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 78%
Average age4646
Years of experience88

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.

What does a cost accounting manager do?

A cost accounting manager is responsible for analyzing and evaluating pricing and costing systems of the goods and services of an organization, ensuring its adherence to the internal guidelines and state regulations. Cost accounting managers review business and financial transactions to generate accounting reports for management reference. They also identify business opportunities that would provide revenue resources and profits by monitoring industry trends and public demands. A cost accounting manager must have excellent analytical skills and accounting principles knowledge, especially in resolving account and expense discrepancies.

Assistant account manager vs cost accounting manager salary

Assistant account managers and cost accounting managers have different pay scales, as shown below.

Assistant Account ManagerCost Accounting Manager
Average salary$45,905$89,286
Salary rangeBetween $31,000 And $66,000Between $67,000 And $118,000
Highest paying CityToms River, NJBoston, MA
Highest paying stateNew JerseyConnecticut
Best paying companyElancoMicrosoft
Best paying industryProfessionalManufacturing

Differences between assistant account manager and cost accounting manager education

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

Assistant Account ManagerCost Accounting Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 78%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant account manager vs cost accounting manager demographics

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

Assistant Account ManagerCost Accounting Manager
Average age4646
Gender ratioMale, 40.4% Female, 59.6%Male, 71.7% Female, 28.3%
Race ratioBlack 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%Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 9.2% White, 64.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between assistant account manager and cost accounting manager duties and responsibilities

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.
  • Show more

Cost accounting manager example responsibilities.

  • Manage the monthly analysis of variances which include PPV, MUV, substitution and labor.
  • Lead ERP system integration team and restructure manufacturing accounting system of newly acquire facility.
  • Manage payroll and all taxation matters, coordinate independent audit; communicate with outside organizations and agencies.
  • Direct the development, administration, and standards necessary to maintain financial controls in compliance with GAAP and SOX.
  • Provide financial management of inventories for multiple facilities to include book-to-physical account reconciliations, inventory projections and reduction plans.
  • Maintain standard cost integrity including annual standard changes, inventory valuation, monthly closings, account reconciliations and annual budgeting.
  • Show more

Assistant account manager vs cost accounting manager skills

Common assistant account manager skills
  • HR, 25%
  • Emergency Situations, 24%
  • Account Management, 6%
  • Insurance Policies, 4%
  • Quality Customer Service, 4%
  • Financial Statements, 4%
Common cost accounting manager skills
  • Variance Analysis, 5%
  • Financial Analysis, 5%
  • Reconciliations, 4%
  • Financial Reports, 4%
  • Product Cost, 4%
  • ERP, 4%

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