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Finance supervisor vs finance account manager

The differences between finance supervisors and finance account managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a finance supervisor, becoming a finance account manager takes usually requires 6-8 years. Additionally, a finance supervisor has an average salary of $76,387, which is higher than the $68,403 average annual salary of a finance account manager.

The top three skills for a finance supervisor include customer service, patients and reconciliations. The most important skills for a finance account manager are financial services, account management, and financial analysis.

Finance supervisor vs finance account manager overview

Finance SupervisorFinance Account Manager
Yearly salary$76,387$68,403
Hourly rate$36.72$32.89
Growth rate6%17%
Number of jobs80,296184,766
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 70%
Average age4446
Years of experience48

What does a finance supervisor do?

A finance supervisor is typically in charge of overseeing the budgets and financial activities of a company. Among their responsibilities include coordinating with different departments to gather and analyze financial data, performing audits and assessments, preparing and presenting financial reports and budget plans, updating databases, and developing strategies to optimize the finance department's operations. Moreover, as a supervisor, it is essential to lead and encourage the finance staff to reach goals, all while enforcing the company'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 supervisor vs finance account manager salary

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

Finance SupervisorFinance Account Manager
Average salary$76,387$68,403
Salary rangeBetween $55,000 And $104,000Between $46,000 And $100,000
Highest paying CityJersey City, NJSan Francisco, CA
Highest paying stateNew JerseyPennsylvania
Best paying companyPacific Gas and ElectricThe New York Times Company
Best paying industryAutomotiveManufacturing

Differences between finance supervisor and finance account manager education

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

Finance SupervisorFinance Account Manager
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance supervisor vs finance account manager demographics

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

Finance SupervisorFinance Account Manager
Average age4446
Gender ratioMale, 47.2% Female, 52.8%Male, 48.7% Female, 51.3%
Race ratioBlack or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%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 Percentage7%11%

Differences between finance supervisor and finance account manager duties and responsibilities

Finance supervisor example responsibilities.

  • Lead financial planning & analysis, accounting/general ledger operations and GAAP financial reporting for multiple locations.
  • Supervise month-end close activities, including reviewing journal entries, account reconciliations, financial statement preparation, inventory and capital.
  • Create and update Hyperion reports for various departmental needs.
  • Prepare and update SOX and internal policies and procedures quarterly for the accounting department.
  • Conduct audits of processes to determine compliance with prescribe procedures, accuracy of records and SOX.
  • Team leader for the accounting department during the upgrade of the company's ERP system from FP2 to FP7.
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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 supervisor vs finance account manager skills

Common finance supervisor skills
  • Customer Service, 13%
  • Patients, 6%
  • Reconciliations, 6%
  • Internal Controls, 6%
  • Strong Analytical, 6%
  • Payroll, 5%
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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