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The differences between finance executives 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 executive and a finance account manager. Additionally, a finance executive has an average salary of $110,830, which is higher than the $68,403 average annual salary of a finance account manager.
The top three skills for a finance executive include financial statements, financial services and portfolio. The most important skills for a finance account manager are financial services, account management, and financial analysis.
| Finance Executive | Finance Account Manager | |
| Yearly salary | $110,830 | $68,403 |
| Hourly rate | $53.28 | $32.89 |
| Growth rate | 17% | 17% |
| Number of jobs | 137,400 | 184,766 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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 executives and finance account managers have different pay scales, as shown below.
| Finance Executive | Finance Account Manager | |
| Average salary | $110,830 | $68,403 |
| Salary range | Between $68,000 And $178,000 | Between $46,000 And $100,000 |
| Highest paying City | West Babylon, NY | San Francisco, CA |
| Highest paying state | New York | Pennsylvania |
| Best paying company | Apple | The New York Times Company |
| Best paying industry | Government | Manufacturing |
There are a few differences between a finance executive and a finance account manager in terms of educational background:
| Finance Executive | Finance Account Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 70% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance executives' and finance account managers' demographics:
| Finance Executive | Finance Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 48.7% Female, 51.3% |
| Race ratio | Black 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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |