Management accounts manager vs bank manager

The differences between management accounts managers and bank 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 management accounts manager and a bank manager. Additionally, a bank manager has an average salary of $96,910, which is higher than the $91,681 average annual salary of a management accounts manager.

The top three skills for a management accounts manager include customer service, client facing and project management. The most important skills for a bank manager are bank products, financial services, and business development.

Management accounts manager vs bank manager overview

	Management Accounts Manager	Bank Manager
Yearly salary	$91,681	$96,910
Hourly rate	$44.08	$46.59
Growth rate	17%	17%
Number of jobs	113,871	66,136
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 64%
Average age	46	46
Years of experience	8	8

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.

What does a bank manager do?

A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.

Management accounts manager vs bank manager salary

Management accounts managers and bank managers have different pay scales, as shown below.

	Management Accounts Manager	Bank Manager
Average salary	$91,681	$96,910
Salary range	Between $66,000 And $125,000	Between $65,000 And $142,000
Highest paying City	Seattle, WA	San Francisco, CA
Highest paying state	Washington	California
Best paying company	Meta	Accenture
Best paying industry	Energy	Finance

Differences between management accounts manager and bank manager education

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

	Management Accounts Manager	Bank Manager
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Management accounts manager vs bank manager demographics

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

	Management Accounts Manager	Bank Manager
Average age	46	46
Gender ratio	Male, 48.6% Female, 51.4%	Male, 48.9% Female, 51.1%
Race ratio	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%	Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between management accounts manager and bank manager 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.

Bank manager example responsibilities.

Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
Collaborate with corporate training designers and facilitators to plan, develop and execute AML and KYC relate training.
Handle escalations in the absence of the FCM; ensure enterprise complaint tracking own resource management for the financial center.
Team up with FCM and regional recruiter in interview and hiring process.
Perform other jobs and relate projects as assigned including mentoring sales employees to exceed assign goals by Bancorp.
Monitor all banking operations according to the federal rules and regulations, including performing monthly audits, and following Bancorp standards.

Management accounts manager vs bank manager skills

Common management accounts manager skills

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

Common bank manager skills

Bank Products, 7%
Financial Services, 7%
Business Development, 6%
Secrecy, 6%
Bank Secrecy Act, 6%
Community Involvement, 5%

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Management Accounts Manager
Management Accounts Manager vs Bank Manager

Updated January 8, 2025

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