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Finance account manager vs client account manager

The differences between finance account managers and client 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 a client account manager. Additionally, a client account manager has an average salary of $69,699, 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 client account manager are customer service, account management, and client service.

Finance account manager vs client account manager overview

Finance Account ManagerClient Account Manager
Yearly salary$68,403$69,699
Hourly rate$32.89$33.51
Growth rate17%5%
Number of jobs184,766128,665
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 73%
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 a client account manager do?

A client account manager is responsible for handling project management deliverables for clients and business partners, ensuring the efficiency and accuracy of outputs, and following the clients' specifications and requirements within their budget limitations and timetables. Client account managers coordinate with clients for progress updates on their projects, as well as negotiating contracts and adjusting project goals and agreements. They also identify business opportunities by monitoring industry trends to develop new products and services that would drive revenue resources and profits to the business.

Finance account manager vs client account manager salary

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

Finance Account ManagerClient Account Manager
Average salary$68,403$69,699
Salary rangeBetween $46,000 And $100,000Between $42,000 And $115,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying statePennsylvaniaOregon
Best paying companyThe New York Times CompanyAccenture
Best paying industryManufacturingProfessional

Differences between finance account manager and client account manager education

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

Finance Account ManagerClient Account Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Finance account manager vs client account manager demographics

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

Finance Account ManagerClient Account Manager
Average age4646
Gender ratioMale, 48.7% Female, 51.3%Male, 45.6% Female, 54.4%
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 client 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

Client account manager example responsibilities.

  • Manage vendor selections, through the RFP, negotiation, and implementation phases.
  • Manage company tax payments for an organizations annual payroll liabilities.
  • Update CRM system with details of customer conversations for tracking and trouble shooting.
  • Develop and improve processes to ensure efficient customer response, tracking and support through existing and enhance CRM system.
  • Create executive level PowerPoint presentations for clients.
  • Provide measurable performance standards with various graphs and PowerPoint visuals to communicate performance against objectives.
  • Show more

Finance account manager vs client 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 client account manager skills
  • Customer Service, 13%
  • Account Management, 8%
  • Client Service, 4%
  • Client Accounts, 4%
  • PowerPoint, 4%
  • Digital Marketing, 4%

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