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Budget manager vs budget accountant

The differences between budget managers and budget accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a budget manager, becoming a budget accountant takes usually requires 2-4 years. Additionally, a budget manager has an average salary of $76,243, which is higher than the $59,192 average annual salary of a budget accountant.

The top three skills for a budget manager include financial analysis, budget management and financial management. The most important skills for a budget accountant are financial data, fixed assets, and journal entries.

Budget manager vs budget accountant overview

Budget ManagerBudget Accountant
Yearly salary$76,243$59,192
Hourly rate$36.66$28.46
Growth rate17%6%
Number of jobs68,81633,777
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 77%
Average age4644
Years of experience84

Budget manager vs budget accountant salary

Budget managers and budget accountants have different pay scales, as shown below.

Budget ManagerBudget Accountant
Average salary$76,243$59,192
Salary rangeBetween $52,000 And $110,000Between $43,000 And $80,000
Highest paying CitySacramento, CANew York, NY
Highest paying stateNew YorkNew York
Best paying companyAppleGenentech
Best paying industryManufacturingFinance

Differences between budget manager and budget accountant education

There are a few differences between a budget manager and a budget accountant in terms of educational background:

Budget ManagerBudget Accountant
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Budget manager vs budget accountant demographics

Here are the differences between budget managers' and budget accountants' demographics:

Budget ManagerBudget Accountant
Average age4644
Gender ratioMale, 59.1% Female, 40.9%Male, 49.6% Female, 50.4%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 9.0% White, 63.9% American Indian and Alaska Native, 0.3%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.7% White, 62.7% American Indian and Alaska Native, 0.5%
LGBT Percentage11%7%

Differences between budget manager and budget accountant duties and responsibilities

Budget manager example responsibilities.

  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Prepare financial statements in accordance with GAAP.
  • Assist controller in developing and maintaining accounting policies and procedures to comply with GAAP and , 10Q & 10K filing.
  • Process payroll for community assistants in residence halls.
  • Review contracts and develop appropriate accruals base on timetables.
  • Work with finance to accurately produce monthly billing reconciliations and client facing accruals.
  • Show more

Budget accountant example responsibilities.

  • Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
  • Prepare budgets, reconciliations and outcome reports for grants.
  • Facilitate data transfer and reconciliation between systems (TSI/T-II and PeopleSoft).
  • Review staffing compensations, medical benefits, professional insurances, headcount, and FTE metrics.
  • Collaborate extensively with CPA's office during preliminary and year-end audit/review process to ensure completeness of financial statements and tax returns.
  • Develop ROI analysis model for propose capital investments and authore requirements policy and process flow, which streamline decision-making process.

Budget manager vs budget accountant skills

Common budget manager skills
  • Financial Analysis, 7%
  • Budget Management, 6%
  • Financial Management, 6%
  • Budget Development, 5%
  • Payroll, 4%
  • Variance Analysis, 4%
Common budget accountant skills
  • Financial Data, 14%
  • Fixed Assets, 14%
  • Journal Entries, 14%
  • Reconciliations, 13%
  • Budget Preparation, 6%
  • Balance Sheet, 6%

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