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Finance account manager vs administrative & finance manager

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 vs administrative & finance manager overview

Finance Account ManagerAdministrative & Finance Manager
Yearly salary$68,403$76,989
Hourly rate$32.89$37.01
Growth rate17%17%
Number of jobs184,766143,109
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 63%
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 administrative & finance manager do?

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 manager vs administrative & finance manager salary

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

Finance Account ManagerAdministrative & Finance Manager
Average salary$68,403$76,989
Salary rangeBetween $46,000 And $100,000Between $55,000 And $107,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying statePennsylvaniaNew York
Best paying companyThe New York Times CompanyMeta
Best paying industryManufacturingInsurance

Differences between finance account manager and administrative & finance manager education

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

Finance Account ManagerAdministrative & Finance Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance account manager vs administrative & finance manager demographics

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

Finance Account ManagerAdministrative & Finance Manager
Average age4646
Gender ratioMale, 48.7% Female, 51.3%Male, 50.7% Female, 49.3%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between finance account manager and administrative & finance 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.
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Administrative & finance manager example responsibilities.

  • Manage payroll and organizational projects using QuickBooks for non-profits.
  • Process bi-weekly payroll utilizing QuickBooks and manage financial and clinical performance.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Prepare monthly and annual financial statements along with supporting schedules resulting in minimal follow up by external CPA's.
  • Work closely with the CPA firm to ensure proper income tax filing and keep the company books flowing smoothly.
  • Direct ERP system implementation, establish beginning balances and database information, and train users on applications and requirements.
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Finance account manager vs administrative & finance 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 administrative & finance manager skills
  • Payroll Processing, 10%
  • Human Resources, 7%
  • Oversight, 7%
  • Administrative Procedures, 6%
  • Financial Management, 5%
  • Financial Analysis, 5%

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