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The differences between finance account managers and business manager-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 a business manager-finance manager. Additionally, a business manager-finance manager has an average salary of $106,036, 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 a business manager-finance manager are financial analysis, project management, and financial management.
| Finance Account Manager | Business Manager-Finance Manager | |
| Yearly salary | $68,403 | $106,036 |
| Hourly rate | $32.89 | $50.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 184,766 | 180,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 64% |
| 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.
A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.
Finance account managers and business manager-finance managers have different pay scales, as shown below.
| Finance Account Manager | Business Manager-Finance Manager | |
| Average salary | $68,403 | $106,036 |
| Salary range | Between $46,000 And $100,000 | Between $73,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Pennsylvania | California |
| Best paying company | The New York Times Company | ZS |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a finance account manager and a business manager-finance manager in terms of educational background:
| Finance Account Manager | Business Manager-Finance Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance account managers' and business manager-finance managers' demographics:
| Finance Account Manager | Business Manager-Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.7% Female, 51.3% | Male, 58.8% Female, 41.2% |
| 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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |