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The differences between finance account managers and assistant 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 assistant account manager. Additionally, a finance account manager has an average salary of $68,403, which is higher than the $45,905 average annual salary of an assistant 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 assistant account manager are HR, emergency situations, and account management.
| Finance Account Manager | Assistant Account Manager | |
| Yearly salary | $68,403 | $45,905 |
| Hourly rate | $32.89 | $22.07 |
| Growth rate | 17% | 17% |
| Number of jobs | 184,766 | 115,363 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 62% |
| 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 assistant account manager is in charge of performing clerical support tasks for account managers. Their responsibilities revolve around preparing and processing documents, answering calls and correspondence, taking part in managing schedules and budgets, arranging meetings and appointments, and performing research and analysis to identify new business opportunities. They may also pursue sales leads, reaching out to clients to offer products or services. Furthermore, as an assistant account manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Finance account managers and assistant account managers have different pay scales, as shown below.
| Finance Account Manager | Assistant Account Manager | |
| Average salary | $68,403 | $45,905 |
| Salary range | Between $46,000 And $100,000 | Between $31,000 And $66,000 |
| Highest paying City | San Francisco, CA | Toms River, NJ |
| Highest paying state | Pennsylvania | New Jersey |
| Best paying company | The New York Times Company | Elanco |
| Best paying industry | Manufacturing | Professional |
There are a few differences between a finance account manager and an assistant account manager in terms of educational background:
| Finance Account Manager | Assistant Account Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance account managers' and assistant account managers' demographics:
| Finance Account Manager | Assistant Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.7% Female, 51.3% | Male, 40.4% Female, 59.6% |
| 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |