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Finance director vs finance account manager

The differences between finance directors and finance 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 director and a finance account manager. Additionally, a finance director has an average salary of $118,518, which is higher than the $68,403 average annual salary of a finance account manager.

The top three skills for a finance director include CPA, financial analysis and payroll. The most important skills for a finance account manager are financial services, account management, and financial analysis.

Finance director vs finance account manager overview

Finance DirectorFinance Account Manager
Yearly salary$118,518$68,403
Hourly rate$56.98$32.89
Growth rate17%17%
Number of jobs90,012184,766
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does a finance director do?

A finance director's role is to oversee all financial activities and aspects of a company or organization. One of their duties is to gather necessary financial data and cultivate reports on essential matters such as revenue and budget, provide risk assessments and estimates, implement vital policies, and allocate funds within the company. Furthermore, a finance director must also devise strategies and recommend innovative methods for financial gains, while in adherence to the organization's policies and regulations.

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.

Finance director vs finance account manager salary

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

Finance DirectorFinance Account Manager
Average salary$118,518$68,403
Salary rangeBetween $76,000 And $183,000Between $46,000 And $100,000
Highest paying CityPalo Alto, CASan Francisco, CA
Highest paying stateCaliforniaPennsylvania
Best paying companyMetaThe New York Times Company
Best paying industryManufacturingManufacturing

Differences between finance director and finance account manager education

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

Finance DirectorFinance Account Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 70%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance director vs finance account manager demographics

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

Finance DirectorFinance Account Manager
Average age4646
Gender ratioMale, 65.1% Female, 34.9%Male, 48.7% Female, 51.3%
Race ratioBlack or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 9.4% White, 64.1% American Indian and Alaska Native, 0.3%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%
LGBT Percentage11%11%

Differences between finance director and finance account manager duties and responsibilities

Finance director example responsibilities.

  • Manage treasury functions considering the inflationary situation and changes in economic patterns to minimize any negative impact they may involve.
  • Improve internal controls and operating efficiency by training accountants and converting general ledger reconciliations to GAAP formats.
  • Prepare financial data and footnotes for independent CPA annual audit financial statements.
  • Develop financial models in Hyperion to aggregate sales data and allocate expenses for profitability analysis.
  • Complete Sarbanes-Oxley procedural requirements for entire incentive development, administration and reporting process.
  • Develop an electronic billing capacity and are the first Montana health care provider to bill Medicaid electronically.
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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.
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Finance director vs finance account manager skills

Common finance director skills
  • CPA, 7%
  • Financial Analysis, 6%
  • Payroll, 4%
  • Work Ethic, 4%
  • Oversight, 4%
  • Financial Management, 4%
Common finance account manager skills
  • Financial Services, 14%
  • Account Management, 8%
  • Financial Analysis, 7%
  • Customer Relationships, 6%
  • Payroll, 4%
  • Financial Models, 4%

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