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Finance executive vs account executive

The differences between finance executives and account executives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance executive has an average salary of $110,830, which is higher than the $69,618 average annual salary of an account executive.

The top three skills for a finance executive include financial statements, financial services and portfolio. The most important skills for an account executive are customer service, CRM, and healthcare.

Finance executive vs account executive overview

Finance ExecutiveAccount Executive
Yearly salary$110,830$69,618
Hourly rate$53.28$33.47
Growth rate17%5%
Number of jobs137,400205,561
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 78%
Average age4644
Years of experience8-

What does a finance executive do?

Finance executives oversee an organization's money and profit. They are responsible for overseeing the income and expenses of the business' money transactions. These executives evaluate financial reports such as cash-flow statements, tax planning, and budgeting. Sometimes, finance executives manage a staff of finance clerks, hire new staff, and develop schedules. They work full-time in an office, but they also often work beyond regular business hours. As for qualifications, finance executives must have at least a bachelor's degree and a considerable length of work experience in the business field.

What does an account executive do?

An account executive is responsible for supporting existing clients, closing client deals, and developing sales strategies to increase the company's sales and satisfaction. An account executive must be competitive enough to keep up with the constant changes in the sales industry, including the high demands of digital marketing, a different approach to product advertising, effective negotiation, and presentation skills. An account executive also requires excellent communication skills for the successful acquisition of client accounts and immediately resolve possible complaints as they arise.

Finance executive vs account executive salary

Finance executives and account executives have different pay scales, as shown below.

Finance ExecutiveAccount Executive
Average salary$110,830$69,618
Salary rangeBetween $68,000 And $178,000Between $44,000 And $109,000
Highest paying CityWest Babylon, NYPortland, OR
Highest paying stateNew YorkOregon
Best paying companyAppleHitachi Vantara
Best paying industryGovernmentFinance

Differences between finance executive and account executive education

There are a few differences between a finance executive and an account executive in terms of educational background:

Finance ExecutiveAccount Executive
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 78%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance executive vs account executive demographics

Here are the differences between finance executives' and account executives' demographics:

Finance ExecutiveAccount Executive
Average age4644
Gender ratioMale, 63.3% Female, 36.7%Male, 57.2% Female, 42.8%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 64.0% American Indian and Alaska Native, 0.3%Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 16.3% Asian, 5.6% White, 66.9% American Indian and Alaska Native, 0.4%
LGBT Percentage11%5%

Differences between finance executive and account executive duties and responsibilities

Finance executive example responsibilities.

  • Manage financial statements and work independently to produce accurate records for petty cash, bank reconciliations, and data inventory.
  • Experience in ERP implementation when A/R module are migrated from old system to new PS system.
  • Improve financial results $50 million (GAAP) in 2000 over 1999 and generate the first profit in four years.
  • Assist with compliance with SOX requirements by improving internal protocols and documentation procedures.
  • Reorganize accounting department according to SOX guidelines along with recommendations for improving processes.
  • Develop decision matrix and flowcharts for a revise financial and manufacturing system within current ERP software.
  • Show more

Account executive example responsibilities.

  • Create and manage Facebook and twitter accounts.
  • Have achieve Google certification for both SEM and SEO sales.
  • Lead proposal team in winning a $1MM RFP, turning around a key account relationship.
  • Manage all aspects of new FedEx implementations (automation set-up, operational support and training of customers).
  • Develop and manage networking, VoIP, IP/TV, video, cloud, wireless, and security/disaster recovery projects.
  • Source all leads by means of cold calling, leveraging linkedin, referrals, and upselling to existing customers.
  • Show more

Finance executive vs account executive skills

Common finance executive skills
  • Financial Statements, 18%
  • Financial Services, 12%
  • Portfolio, 12%
  • Financial Products, 3%
  • Real Estate, 3%
  • Insurance Products, 3%
Common account executive skills
  • Customer Service, 9%
  • CRM, 6%
  • Healthcare, 5%
  • Sales Process, 5%
  • Salesforce, 4%
  • Work Ethic, 4%

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