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Control accountant vs management accounts manager

The differences between control accountants and management accounts managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a control accountant, becoming a management accounts manager takes usually requires 6-8 years. Additionally, a management accounts manager has an average salary of $91,681, which is higher than the $66,563 average annual salary of a control accountant.

The top three skills for a control accountant include reconciliations, general ledger accounts and payroll taxes. The most important skills for a management accounts manager are customer service, client facing, and project management.

Control accountant vs management accounts manager overview

Control AccountantManagement Accounts Manager
Yearly salary$66,563$91,681
Hourly rate$32.00$44.08
Growth rate6%17%
Number of jobs75,702113,871
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 69%
Average age4446
Years of experience48

What does a control accountant do?

A Control Accountant is in charge of managing a company's accounting records and spearheads the development of financial reports. Although the extent of their responsibilities depends on their place or industry of employment, it typically includes coordinating with different teams to gather and analyze data, conduct audits and risk analyses, monitor budgets and expenditures, review documents and other transactions and develop strategies to optimize operations. A Control Accountant leads and encourages staff to reach goals while implementing the company's policies and regulations.

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.

Control accountant vs management accounts manager salary

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

Control AccountantManagement Accounts Manager
Average salary$66,563$91,681
Salary rangeBetween $48,000 And $91,000Between $66,000 And $125,000
Highest paying CityNew York, NYSeattle, WA
Highest paying stateNew YorkWashington
Best paying companyMarathon OilMeta
Best paying industryFinanceEnergy

Differences between control accountant and management accounts manager education

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

Control AccountantManagement Accounts Manager
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 69%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Control accountant vs management accounts manager demographics

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

Control AccountantManagement Accounts Manager
Average age4446
Gender ratioMale, 49.2% Female, 50.8%Male, 48.6% Female, 51.4%
Race ratioBlack or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%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 Percentage7%11%

Differences between control accountant and management accounts manager duties and responsibilities

Control accountant example responsibilities.

  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Collect, analyze, interpret, and document information to support quarterly SOX reviews.
  • Ensure proper accounting in compliance with GAAP, regulatory reporting requirements and joint ownership contracts.
  • Identify variances between corporations, establish payable/receivable ledgers, and clear open variances in accordance with GAAP.
  • Control regional account analysis, provide explanations and backup to SOX reporting department.
  • Perform domestic and international roll forwards, quarterly schedules for goodwill, trademarks and acquisition activities utilizing Hyperion.
  • Show more

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.
  • Show more

Control accountant vs management accounts manager skills

Common control accountant skills
  • Reconciliations, 11%
  • General Ledger Accounts, 7%
  • Payroll Taxes, 6%
  • Account Reconciliations, 5%
  • Accruals, 5%
  • Internal Controls, 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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