Credit administration manager vs cost accounting manager

The differences between credit administration managers and cost accounting managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a credit administration manager and a cost accounting manager. Additionally, a credit administration manager has an average salary of $148,487, which is higher than the $89,286 average annual salary of a cost accounting manager.

The top three skills for a credit administration manager include risk management, powerpoint and credit decisions. The most important skills for a cost accounting manager are variance analysis, financial analysis, and reconciliations.

Credit administration manager vs cost accounting manager overview

	Credit Administration Manager	Cost Accounting Manager
Yearly salary	$148,487	$89,286
Hourly rate	$71.39	$42.93
Growth rate	17%	17%
Number of jobs	41,610	61,135
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 78%
Average age	46	46
Years of experience	8	8

Credit administration manager vs cost accounting manager salary

Credit administration managers and cost accounting managers have different pay scales, as shown below.

	Credit Administration Manager	Cost Accounting Manager
Average salary	$148,487	$89,286
Salary range	Between $94,000 And $233,000	Between $67,000 And $118,000
Highest paying City	-	Boston, MA
Highest paying state	-	Connecticut
Best paying company	-	Microsoft
Best paying industry	-	Manufacturing

Differences between credit administration manager and cost accounting manager education

There are a few differences between a credit administration manager and a cost accounting manager in terms of educational background:

	Credit Administration Manager	Cost Accounting Manager
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 78%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Credit administration manager vs cost accounting manager demographics

Here are the differences between credit administration managers' and cost accounting managers' demographics:

	Credit Administration Manager	Cost Accounting Manager
Average age	46	46
Gender ratio	Male, 43.4% Female, 56.6%	Male, 71.7% Female, 28.3%
Race ratio	Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 8.3% White, 63.9% American Indian and Alaska Native, 0.3%	Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 9.2% White, 64.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit administration manager and cost accounting manager duties and responsibilities

Credit administration manager example responsibilities.

Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Maintain compliance with SOX compliance controls with an annual review and update.
Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.

Cost accounting manager example responsibilities.

Manage the monthly analysis of variances which include PPV, MUV, substitution and labor.
Lead ERP system integration team and restructure manufacturing accounting system of newly acquire facility.
Manage payroll and all taxation matters, coordinate independent audit; communicate with outside organizations and agencies.
Direct the development, administration, and standards necessary to maintain financial controls in compliance with GAAP and SOX.
Provide financial management of inventories for multiple facilities to include book-to-physical account reconciliations, inventory projections and reduction plans.
Maintain standard cost integrity including annual standard changes, inventory valuation, monthly closings, account reconciliations and annual budgeting.

Credit administration manager vs cost accounting manager skills

Common credit administration manager skills

Risk Management, 18%
PowerPoint, 17%
Credit Decisions, 13%
Origination, 12%
Credit Risk, 11%
Loan Documentation, 4%

Common cost accounting manager skills

Variance Analysis, 5%
Financial Analysis, 5%
Reconciliations, 4%
Financial Reports, 4%
Product Cost, 4%
ERP, 4%

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Credit Administration Manager
Credit Administration Manager vs Cost Accounting Manager

Updated January 8, 2025

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