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The differences between finance account managers and 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 finance manager. Additionally, a finance manager has an average salary of $101,374, 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 finance manager are financial analysis, CPA, and customer service.
| Finance Account Manager | Finance Manager | |
| Yearly salary | $68,403 | $101,374 |
| Hourly rate | $32.89 | $48.74 |
| Growth rate | 17% | 17% |
| Number of jobs | 184,766 | 125,345 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| 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 finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.
Finance account managers and finance managers have different pay scales, as shown below.
| Finance Account Manager | Finance Manager | |
| Average salary | $68,403 | $101,374 |
| Salary range | Between $46,000 And $100,000 | Between $71,000 And $144,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Pennsylvania | New York |
| Best paying company | The New York Times Company | Barclays |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a finance account manager and a finance manager in terms of educational background:
| Finance Account Manager | Finance Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance account managers' and finance managers' demographics:
| Finance Account Manager | Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.7% Female, 51.3% | Male, 60.0% Female, 40.0% |
| 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, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |