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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 | Finance Planning Manager | |
| Yearly salary | $68,403 | $109,162 |
| Hourly rate | $32.89 | $52.48 |
| Growth rate | 17% | 17% |
| Number of jobs | 184,766 | 120,588 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 73% |
| 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 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 managers and finance planning managers have different pay scales, as shown below.
| Finance Account Manager | Finance Planning Manager | |
| Average salary | $68,403 | $109,162 |
| Salary range | Between $46,000 And $100,000 | Between $78,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Pennsylvania | Delaware |
| Best paying company | The New York Times Company | Metropolitan Water District of Southern California |
| Best paying industry | Manufacturing | Manufacturing |
There are a few differences between a finance account manager and a finance planning manager in terms of educational background:
| Finance Account Manager | Finance Planning Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 73% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance account managers' and finance planning managers' demographics:
| Finance Account Manager | Finance Planning Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.7% Female, 51.3% | Male, 69.8% Female, 30.2% |
| 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, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |