Finance account manager vs management accounts manager

The differences between finance account managers and management accounts 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 management accounts manager. Additionally, a management accounts manager has an average salary of $91,681, 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 management accounts manager are customer service, client facing, and project management.

Finance account manager vs management accounts manager overview

	Finance Account Manager	Management Accounts Manager
Yearly salary	$68,403	$91,681
Hourly rate	$32.89	$44.08
Growth rate	17%	17%
Number of jobs	184,766	113,871
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 69%
Average age	46	46
Years of experience	8	8

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 management accounts manager do?

A management accounts manager is responsible for maintaining healthy business relationships with clients by handling their project accounts, improving account management procedures, and identifying business opportunities that would generate more revenue resources for the company. Management accounts managers compile portfolio reports, including how the client's account performs in the market and its financial stability. They also negotiate contracts, settle terms and agreements, and ensure the highest customer experience by implementing strategic plans to enhance the company's services.

Finance account manager vs management accounts manager salary

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

	Finance Account Manager	Management Accounts Manager
Average salary	$68,403	$91,681
Salary range	Between $46,000 And $100,000	Between $66,000 And $125,000
Highest paying City	San Francisco, CA	Seattle, WA
Highest paying state	Pennsylvania	Washington
Best paying company	The New York Times Company	Meta
Best paying industry	Manufacturing	Energy

Differences between finance account manager and management accounts manager education

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

	Finance Account Manager	Management Accounts Manager
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 69%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Finance account manager vs management accounts manager demographics

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

	Finance Account Manager	Management Accounts Manager
Average age	46	46
Gender ratio	Male, 48.7% Female, 51.3%	Male, 48.6% Female, 51.4%
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, 7.5% 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%

Differences between finance account manager and management accounts 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.

Management accounts manager example responsibilities.

Manage company strategic initiatives for the Americas.
Specialize in data collection logistics and documentation on specific vehicles and manage inventory using CRM applications.
Report directly to the VP of Americas on all sales base initiatives.
Coordinate financial closings and consolidations working to enhance the Solomon ERP system.
Serve as project team lead from the accounting department for the ERP system conversion to JD Edwards.
Conduct quarterly Sarbanes-Oxley testing and documentation.

Finance account manager vs management accounts 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 management accounts manager skills

Customer Service, 18%
Client Facing, 7%
Project Management, 6%
Customer Satisfaction, 6%
Business Development, 6%
CRM, 4%

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Finance Account Manager
Finance Account Manager vs Management Accounts Manager

Updated January 8, 2025

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