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The differences between directors of account management and account development 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 director of account management and an account development manager. Additionally, a director of account management has an average salary of $147,725, which is higher than the $72,375 average annual salary of an account development manager.
The top three skills for a director of account management include customer service, sales process and customer satisfaction. The most important skills for an account development manager are customer relationships, customer accounts, and CRM.
| Director Of Account Management | Account Development Manager | |
| Yearly salary | $147,725 | $72,375 |
| Hourly rate | $71.02 | $34.80 |
| Growth rate | 5% | 5% |
| Number of jobs | 171,713 | 214,004 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A director of account management is responsible for handling client accounts, establishing efficient project management procedures, and delivering high-quality services according to clients' specifications and business requirements. They also are responsible for adhering to operational protocols, budget limitations, and set timeframes. The director of account management monitors the staff's performance, identifying their challenges, and adjusting project goals to maximize productivity. They also perform data analysis on financial transactions and sales status to develop a strategic process for maintaining the financial stability and condition of the business, as well as creating long-lasting relationships with business partners.
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.
Directors of account management and account development managers have different pay scales, as shown below.
| Director Of Account Management | Account Development Manager | |
| Average salary | $147,725 | $72,375 |
| Salary range | Between $102,000 And $212,000 | Between $43,000 And $120,000 |
| Highest paying City | Seattle, WA | Sacramento, CA |
| Highest paying state | Alaska | New York |
| Best paying company | Walgreens | NVIDIA |
| Best paying industry | Start-up | Technology |
There are a few differences between a director of account management and an account development manager in terms of educational background:
| Director Of Account Management | Account Development Manager | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between directors of account management' and account development managers' demographics:
| Director Of Account Management | Account Development Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 56.9% Female, 43.1% | Male, 61.8% Female, 38.2% |
| Race ratio | 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% | 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 Percentage | 7% | 7% |