General accountant vs management accounts manager

The differences between general accountants and management accounts 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 general accountant, becoming a management accounts manager takes usually requires 6-8 years. Additionally, a management accounts manager has an average salary of $91,681, which is higher than the $55,043 average annual salary of a general accountant.

The top three skills for a general accountant include financial data, reconciliations and cash handling. The most important skills for a management accounts manager are customer service, client facing, and project management.

General accountant vs management accounts manager overview

	General Accountant	Management Accounts Manager
Yearly salary	$55,043	$91,681
Hourly rate	$26.46	$44.08
Growth rate	6%	17%
Number of jobs	87,663	113,871
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 69%
Average age	44	46
Years of experience	4	8

What does a general accountant do?

A general accountant is responsible for evaluating account statements, conducting data analysis with financial transactions, and generating reports on revenues, expenses, and sales forecasting. These accountants manage discrepancies on the company and clients' profiles, including bank reconciliations and processing of account receivables and payables. They also handle the release of invoices and petty cash, analyzing balance sheets, and updating accurate financial information on the database. A general accountant must have excellent analytical skills, as well as extensive knowledge of the accounting principles and disciplines.

What does a management accounts manager do?

A management accounts manager is responsible for maintaining healthy business relationships with clients by handling their project accounts, improving account management procedures, and identifying business opportunities that would generate more revenue resources for the company. Management accounts managers compile portfolio reports, including how the client's account performs in the market and its financial stability. They also negotiate contracts, settle terms and agreements, and ensure the highest customer experience by implementing strategic plans to enhance the company's services.

General accountant vs management accounts manager salary

General accountants and management accounts managers have different pay scales, as shown below.

	General Accountant	Management Accounts Manager
Average salary	$55,043	$91,681
Salary range	Between $40,000 And $73,000	Between $66,000 And $125,000
Highest paying City	Washington, DC	Seattle, WA
Highest paying state	New Jersey	Washington
Best paying company	Apple	Meta
Best paying industry	Automotive	Energy

Differences between general accountant and management accounts manager education

There are a few differences between a general accountant and a management accounts manager in terms of educational background:

	General Accountant	Management Accounts Manager
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 69%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

General accountant vs management accounts manager demographics

Here are the differences between general accountants' and management accounts managers' demographics:

	General Accountant	Management Accounts Manager
Average age	44	46
Gender ratio	Male, 43.1% Female, 56.9%	Male, 48.6% Female, 51.4%
Race ratio	Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 13.7% White, 62.1% American Indian and Alaska Native, 0.5%	Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage	7%	11%

Differences between general accountant and management accounts manager duties and responsibilities

General accountant example responsibilities.

Manage payroll functions, financial statements, accounts payable, basic job cost, account analysis, accruals, year-end audits.
Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
Assist manager with cash flow, preparing financial statement, BBC, and report to CPA.
Create budget at beginning and coordinate CPA firm's audit at the end of year.
Assist in any kind of audit engagement (internal control, external, SOX, etc . )
Provide support for the controller with period-end close accruals and journal entries and assist in various duties and responsibilities.

Management accounts manager example responsibilities.

Manage company strategic initiatives for the Americas.
Specialize in data collection logistics and documentation on specific vehicles and manage inventory using CRM applications.
Report directly to the VP of Americas on all sales base initiatives.
Coordinate financial closings and consolidations working to enhance the Solomon ERP system.
Serve as project team lead from the accounting department for the ERP system conversion to JD Edwards.
Conduct quarterly Sarbanes-Oxley testing and documentation.

General accountant vs management accounts manager skills

Common general accountant skills

Financial Data, 11%
Reconciliations, 10%
Cash Handling, 9%
Vendor Invoices, 6%
General Ledger Accounts, 6%
Account Reconciliations, 5%

Common management accounts manager skills

Customer Service, 18%
Client Facing, 7%
Project Management, 6%
Customer Satisfaction, 6%
Business Development, 6%
CRM, 4%

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General Accountant vs Management Accounts Manager

Updated January 8, 2025

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