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Finance account manager vs account manager

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 vs account manager overview

Finance Account ManagerAccount Manager
Yearly salary$68,403$68,535
Hourly rate$32.89$32.95
Growth rate17%5%
Number of jobs184,766152,261
Job satisfaction-4
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does a finance account manager do?

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.

What does an account manager do?

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 manager vs account manager salary

Finance account managers and account managers have different pay scales, as shown below.

Finance Account ManagerAccount Manager
Average salary$68,403$68,535
Salary rangeBetween $46,000 And $100,000Between $42,000 And $110,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying statePennsylvaniaWashington
Best paying companyThe New York Times CompanyNVIDIA
Best paying industryManufacturingTechnology

Differences between finance account manager and account manager education

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

Finance Account ManagerAccount Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Finance account manager vs account manager demographics

Here are the differences between finance account managers' and account managers' demographics:

Finance Account ManagerAccount Manager
Average age4646
Gender ratioMale, 48.7% Female, 51.3%Male, 54.8% Female, 45.2%
Race ratioBlack 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 Percentage11%7%

Differences between finance account manager and account manager duties and responsibilities

Finance account manager example responsibilities.

  • Manage staff, insurance and patient AR, and bookkeeping functions, which include payroll.
  • Monitor all transactions in assign inventory finance portfolio to manage invoice funding approval decision.
  • Input deals and prepare customer information through ADP and CDK services.
  • Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
  • Attend weekly meetings to stay update in Medicare billing changes and company policy updates.
  • Process gross pay, state and federal tax withholding, social security, Medicare and other deductions for all employees.
  • Show more

Account manager example responsibilities.

  • Manage financial departments with responsibility for managing payroll, bank re-consolidations, bank deposits, budgeting and cost control.
  • Manage $4 million territory encompassing three Mid-Atlantic states.
  • Manage new business and renewals for leading Saas legal solution.
  • Manage an inside sales territory of multiple states with Avaya technology solutions.
  • Negotiate and manage all contracts and pricing for IDN's in the territory.
  • Manage customers' accounts utilizing laptop and internet base CMS reporting software and ADM field guide.
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Finance account manager vs account manager skills

Common finance account manager skills
  • Financial Services, 14%
  • Account Management, 8%
  • Financial Analysis, 7%
  • Customer Relationships, 6%
  • Payroll, 4%
  • Financial Models, 4%
Common account manager skills
  • Customer Service, 19%
  • Account Management, 8%
  • Healthcare, 6%
  • CRM, 6%
  • Product Knowledge, 5%
  • PowerPoint, 5%

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