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The differences between finance account managers and administrative & finance 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 administrative & finance manager. Additionally, an administrative & finance manager has an average salary of $76,989, 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 administrative & finance manager are payroll processing, human resources, and oversight.
| Finance Account Manager | Administrative & Finance Manager | |
| Yearly salary | $68,403 | $76,989 |
| Hourly rate | $32.89 | $37.01 |
| Growth rate | 17% | 17% |
| Number of jobs | 184,766 | 143,109 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 63% |
| 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.
An administrative and finance manager handles a company's expenditures, requests, invoices, and other financial documentation. Their primary duty is to oversee a finance team's daily work. Additionally, they must coordinate financial staff, ensure that orders from management are carried out, complete the company's financial statements, and provide tax data for the legal department.
Finance account managers and administrative & finance managers have different pay scales, as shown below.
| Finance Account Manager | Administrative & Finance Manager | |
| Average salary | $68,403 | $76,989 |
| Salary range | Between $46,000 And $100,000 | Between $55,000 And $107,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Pennsylvania | New York |
| Best paying company | The New York Times Company | Meta |
| Best paying industry | Manufacturing | Insurance |
There are a few differences between a finance account manager and an administrative & finance manager in terms of educational background:
| Finance Account Manager | Administrative & Finance Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance account managers' and administrative & finance managers' demographics:
| Finance Account Manager | Administrative & Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.7% Female, 51.3% | Male, 50.7% Female, 49.3% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |