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Fiscal manager vs finance account manager

The differences between fiscal managers 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 fiscal manager and a finance account manager. Additionally, a finance account manager has an average salary of $68,403, which is higher than the $61,354 average annual salary of a fiscal manager.

The top three skills for a fiscal manager include fiscal management, payroll taxes and general ledger. The most important skills for a finance account manager are financial services, account management, and financial analysis.

Fiscal manager vs finance account manager overview

Fiscal ManagerFinance Account Manager
Yearly salary$61,354$68,403
Hourly rate$29.50$32.89
Growth rate17%17%
Number of jobs65,132184,766
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does a fiscal manager do?

A fiscal manager supervises branch inventory project design to reinforce inventory levels by implementing the newest procedures and installation of software. A part of his/her or her duties and responsibilities are to execute all bookkeeping payroll functions which include employee pay adjustment processing and electronic deposits. Fiscal managers provide general oversight of monetary reporting and auditing of subcontract agencies to make sure fiscal compliance with contractual and funder requirements. They maintain individual files for every vendor or subcontractor invoices, analyze and archive vendor statements and solve billing discrepancies.

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.

Fiscal manager vs finance account manager salary

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

Fiscal ManagerFinance Account Manager
Average salary$61,354$68,403
Salary rangeBetween $43,000 And $85,000Between $46,000 And $100,000
Highest paying CityMerced, CASan Francisco, CA
Highest paying stateNew JerseyPennsylvania
Best paying companyCity of DetroitThe New York Times Company
Best paying industryInternetManufacturing

Differences between fiscal manager and finance account manager education

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

Fiscal ManagerFinance Account Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 70%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Fiscal manager vs finance account manager demographics

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

Fiscal ManagerFinance Account Manager
Average age4646
Gender ratioMale, 34.8% Female, 65.2%Male, 48.7% Female, 51.3%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.8% White, 63.9% 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 fiscal manager and finance account manager duties and responsibilities

Fiscal manager example responsibilities.

  • Manage the annual audit process; working with auditors to ensure programs compliance and GAAP.
  • Manage accounting operations, accounting close, account reporting & reconciliations.
  • Manage bank reconciliations, financial analysis, and monthly reporting, ensuring accuracy and completeness of data.
  • Coordinate annual audit with CPA firm.
  • Close financial activity and prepare monthly financial statements in accordance with GAAP.
  • Provide general oversight of financial reporting and auditing of subcontract agencies to ensure fiscal compliance with contractual and funder requirements.
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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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Fiscal manager vs finance account manager skills

Common fiscal manager skills
  • Fiscal Management, 8%
  • Payroll Taxes, 6%
  • General Ledger, 5%
  • Federal Regulations, 4%
  • Fiscal Policies, 4%
  • Journal Entries, 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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