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Corporate development director vs account development manager

The differences between corporate development directors and account development managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a corporate development director, becoming an account development manager takes usually requires 6-8 years. Additionally, a corporate development director has an average salary of $159,614, which is higher than the $72,375 average annual salary of an account development manager.

The top three skills for a corporate development director include corporate development, project management and financial models. The most important skills for an account development manager are customer relationships, customer accounts, and CRM.

Corporate development director vs account development manager overview

Corporate Development DirectorAccount Development Manager
Yearly salary$159,614$72,375
Hourly rate$76.74$34.80
Growth rate10%5%
Number of jobs95,421214,004
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 78%
Average age3946
Years of experience108

What does a corporate development director do?

Corporate Development Directors are executives with high business acumen. They oversee the business development initiatives of the company, often spearheading these activities. Corporate Development Directors closely follow the industry's current trends and economy, which would affect the market and its consumers. They analyze these trends to create initiatives that would bring further success to the business. Corporate development directors should uphold the company's image and ensure that business development initiatives align with the company's branding.

What does an account development manager do?

An account development manager's responsibilities revolve around securing and reaching sales targets, creating business plans, developing strategies, and building positive relationships with clients. They must also reach out to clients through calls and correspondence, offer products and services, and address any issues and concerns, resolving them promptly and efficiently. There are also instances when they have to collect and process payments, perform follow-up calls, negotiate contracts, and even open and close accounts. Furthermore, as a manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.

Corporate development director vs account development manager salary

Corporate development directors and account development managers have different pay scales, as shown below.

Corporate Development DirectorAccount Development Manager
Average salary$159,614$72,375
Salary rangeBetween $110,000 And $230,000Between $43,000 And $120,000
Highest paying CitySan Francisco, CASacramento, CA
Highest paying stateRhode IslandNew York
Best paying companyMayo ClinicNVIDIA
Best paying industryTelecommunicationTechnology

Differences between corporate development director and account development manager education

There are a few differences between a corporate development director and an account development manager in terms of educational background:

Corporate Development DirectorAccount Development Manager
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 78%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Southern California

Corporate development director vs account development manager demographics

Here are the differences between corporate development directors' and account development managers' demographics:

Corporate Development DirectorAccount Development Manager
Average age3946
Gender ratioMale, 69.7% Female, 30.3%Male, 61.8% Female, 38.2%
Race ratioBlack or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2%
LGBT Percentage10%7%

Differences between corporate development director and account development manager duties and responsibilities

Corporate development director example responsibilities.

  • Create a competitive advantage by streamlining the RFP, sales and contract processes.
  • Lead restructuring/divestiture analysis of underperforming and strategically challenge traditional and digital business units helping to dramatically decrease EBITDA and market declines.
  • Overhaul and optimize sales strategy, targeting, tactics, CRM, value proposition, training.
  • Work with sales teams to translate customer needs to winning solutions, RFP responses and deal structuring.
  • Support linguists and staff, providing sales and administrative tools (CRM) require to meet business objectives.
  • Liaise with healthcare providers to create provider-sponsore insurance product for small businesses.
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Account development manager example responsibilities.

  • Manage sales opportunities, client information, and internal departmental processes within CRM database.
  • Manage training budget to maximize ROI within assign territory.
  • Manage accounts while providing excellent customer service, help build financial relationships, redirecting calls in upselling credit per customer needs
  • Utilize company's internal CRM system to effectively plan and execute daily and weekly call schedule.
  • Conduct regular account appraisals to accelerate customer adoption by working closely with the customer to educate and assess cloud technology needs.
  • Assist in development of new contracts and negotiation of expiring contracts including RFP's and RFQ's.
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Corporate development director vs account development manager skills

Common corporate development director skills
  • Corporate Development, 18%
  • Project Management, 10%
  • Financial Models, 8%
  • Business Development, 7%
  • HR, 6%
  • Mergers, 5%
Common account development manager skills
  • Customer Relationships, 12%
  • Customer Accounts, 10%
  • CRM, 9%
  • Product Knowledge, 6%
  • Account Management, 5%
  • Salesforce, 5%

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