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The differences between finance account managers and account 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 finance account manager and an account manager. Additionally, an account manager has an average salary of $68,535, which is higher than the $68,403 average annual salary of a finance account manager.
The top three skills for a finance account manager include financial services, account management and financial analysis. The most important skills for an account manager are customer service, account management, and healthcare.
| Finance Account Manager | Account Manager | |
| Yearly salary | $68,403 | $68,535 |
| Hourly rate | $32.89 | $32.95 |
| Growth rate | 17% | 5% |
| Number of jobs | 184,766 | 152,261 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
The job of a finance account manager is to oversee, monitor, and evaluate the day-to-day activities of an organization's accounting department. As a finance account manager, you will perform a variety of tasks that may include assisting the accountant with reports and client settlement transactions, developing and implementing operational procedures and policies, and monitoring and analyzing accounting data. You will also be responsible for producing financial statements and reports and ensuring that the organization's financial accounting goals and objectives are met.
Account managers are employees who act as the bridge between the company they represent and the client of the company. They are assigned to handle specific clients so that the company will be able to tailor-fit any product or service according to the clients' requirements. Account managers are responsible for maintaining a harmonious relationship between the two parties by ensuring that any agreement made is amenable to both the company and the client. They are also responsible for ensuring that the company will be able to provide the needs of the client within any limitation that the client may have. Account managers also ensure that the company's reputation and well-being are always considered in any dealings.
Finance account managers and account managers have different pay scales, as shown below.
| Finance Account Manager | Account Manager | |
| Average salary | $68,403 | $68,535 |
| Salary range | Between $46,000 And $100,000 | Between $42,000 And $110,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Pennsylvania | Washington |
| Best paying company | The New York Times Company | NVIDIA |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a finance account manager and an account manager in terms of educational background:
| Finance Account Manager | Account Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between finance account managers' and account managers' demographics:
| Finance Account Manager | Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.7% Female, 51.3% | Male, 54.8% Female, 45.2% |
| Race ratio | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3% | 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 | 11% | 7% |