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Finance account manager vs finance planning manager

The differences between finance account managers and finance planning 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 planning manager. Additionally, a finance planning manager has an average salary of $109,162, 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 planning manager are financial analysis, financial planning analysis, and financial models.

Finance account manager vs finance planning manager overview

Finance Account ManagerFinance Planning Manager
Yearly salary$68,403$109,162
Hourly rate$32.89$52.48
Growth rate17%17%
Number of jobs184,766120,588
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 finance planning manager do?

A finance planning manager oversees the budget and finance development processes within a company. Their responsibilities revolve around analyzing financial records, participating in auditing processes, producing reports and forecasts, and coordinating with different company personnel to obtain accurate data. A finance planning manager must also utilize fiscal tools, devise new business strategies and opportunities, and keep abreast of all the company's upcoming projects. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.

Finance account manager vs finance planning manager salary

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

Finance Account ManagerFinance Planning Manager
Average salary$68,403$109,162
Salary rangeBetween $46,000 And $100,000Between $78,000 And $152,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying statePennsylvaniaDelaware
Best paying companyThe New York Times CompanyMetropolitan Water District of Southern California
Best paying industryManufacturingManufacturing

Differences between finance account manager and finance planning manager education

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

Finance Account ManagerFinance Planning Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 73%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance account manager vs finance planning manager demographics

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

Finance Account ManagerFinance Planning Manager
Average age4646
Gender ratioMale, 48.7% Female, 51.3%Male, 69.8% Female, 30.2%
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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between finance account manager and finance planning 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

Finance planning manager example responsibilities.

  • Manage international income tax, insurance and treasury functions.
  • Conduct evaluations of budgeting and forecasting tools and integration with PeopleSoft ERP system achieving more efficiency in the budgeting process.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Develop and assess profitability of product lines through interpretation of financial statements and KPIs.
  • report requirements collection/analysis, reporting system design, writing SQL, building reports . )
  • Partner with other developers and analysts on best practices in Essbase and QlikView design and development.
  • Show more

Finance account manager vs finance planning 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 finance planning manager skills
  • Financial Analysis, 10%
  • Financial Planning Analysis, 8%
  • Financial Models, 7%
  • Financial Performance, 6%
  • Hyperion, 6%
  • Financial Data, 5%

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