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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 | Management Accounts Manager | |
| Yearly salary | $66,563 | $91,681 |
| Hourly rate | $32.00 | $44.08 |
| Growth rate | 6% | 17% |
| Number of jobs | 75,702 | 113,871 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| Average age | 44 | 46 |
| Years of experience | 4 | 8 |
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.
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 accountants and management accounts managers have different pay scales, as shown below.
| Control Accountant | Management Accounts Manager | |
| Average salary | $66,563 | $91,681 |
| Salary range | Between $48,000 And $91,000 | Between $66,000 And $125,000 |
| Highest paying City | New York, NY | Seattle, WA |
| Highest paying state | New York | Washington |
| Best paying company | Marathon Oil | Meta |
| Best paying industry | Finance | Energy |
There are a few differences between a control accountant and a management accounts manager in terms of educational background:
| Control Accountant | 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 control accountants' and management accounts managers' demographics:
| Control Accountant | Management Accounts Manager | |
| Average age | 44 | 46 |
| Gender ratio | Male, 49.2% Female, 50.8% | Male, 48.6% Female, 51.4% |
| Race ratio | Black 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 Percentage | 7% | 11% |