Corporate accountant vs management accounts manager

The differences between corporate 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 corporate 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 $64,300 average annual salary of a corporate accountant.

The top three skills for a corporate accountant include reconciliations, GAAP and account reconciliations. The most important skills for a management accounts manager are customer service, client facing, and project management.

Corporate accountant vs management accounts manager overview

	Corporate Accountant	Management Accounts Manager
Yearly salary	$64,300	$91,681
Hourly rate	$30.91	$44.08
Growth rate	6%	17%
Number of jobs	54,174	113,871
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 76%	Bachelor's Degree, 69%
Average age	44	46
Years of experience	4	8

What does a corporate accountant do?

A corporate accountant is an individual who prepares financial statements and maintains financial records of an organization to ensure that they comply with laws, regulations, and the organization's policies. Corporate accountants are required to analyze financial statements to help executives make financial decisions for the organization. They must collect ledgers and financial reports from divisional offices and prepare corporate financial statements for executives. Corporate accountants must also prepare budgets to allocate funds for spending for each department.

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.

Corporate accountant vs management accounts manager salary

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

	Corporate Accountant	Management Accounts Manager
Average salary	$64,300	$91,681
Salary range	Between $46,000 And $89,000	Between $66,000 And $125,000
Highest paying City	Washington, DC	Seattle, WA
Highest paying state	New York	Washington
Best paying company	Putnam Investments	Meta
Best paying industry	Finance	Energy

Differences between corporate accountant and management accounts manager education

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

	Corporate Accountant	Management Accounts Manager
Most common degree	Bachelor's Degree, 76%	Bachelor's Degree, 69%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Corporate accountant vs management accounts manager demographics

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

	Corporate Accountant	Management Accounts Manager
Average age	44	46
Gender ratio	Male, 43.1% Female, 56.9%	Male, 48.6% Female, 51.4%
Race ratio	Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 13.0% White, 63.0% 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%

Differences between corporate accountant and management accounts manager duties and responsibilities

Corporate accountant example responsibilities.

Lead successful implementation of PeopleSoft fix asset software module.
Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
Perform month-end closing responsibilities, month-end accruals, expense allocations across business units and legal entities, and account reconciliations.
Perform general accounting assignments including accruals, profit and loss reports and reconciliations.
Prepare monthly journal entries and variance reconciliations primarily relating to compensation, operational accruals, investments, and partnerships.
Perform detailed and extensive schedules and analysis for annual audits by an outside CPA firm as required by law.

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.

Corporate accountant vs management accounts manager skills

Common corporate accountant skills

Reconciliations, 14%
GAAP, 6%
Account Reconciliations, 6%
CPA, 5%
General Ledger Accounts, 5%
External Auditors, 4%

Common management accounts manager skills

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

Corporate Accountant vs. similar jobs

Corporate Accountant related careers

Corporate Accountant related jobs

What similar roles do

Zippia Careers
Business and Financial Industry
Corporate Accountant
Corporate Accountant vs Management Accounts Manager

Updated January 8, 2025

Browse business and financial jobs