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The differences between management associates and management accounts managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a management accounts manager has an average salary of $91,681, which is higher than the $83,566 average annual salary of a management associate.
The top three skills for a management associate include customer service, portfolio and risk management. The most important skills for a management accounts manager are customer service, client facing, and project management.
| Management Associate | Management Accounts Manager | |
| Yearly salary | $83,566 | $91,681 |
| Hourly rate | $40.18 | $44.08 |
| Growth rate | 17% | 17% |
| Number of jobs | 84,397 | 113,871 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 69% |
| Average age | 47 | 46 |
| Years of experience | - | 8 |
A management associate is responsible for assisting the management operations, supporting administrative and clerical tasks, and coordinating with other departments for project support to meet the organization's objectives and profitability goals. Management associates often respond to clients' inquiries and concerns on behalf of the executives, documenting their needs, and immediately escalating high-level complaints to appropriate personnel. They also meet with suppliers and other third-party vendors, negotiating contracts for business needs. A management associate must have excellent communication, be organized, and have time-management skills to perform duties in a fast-paced environment.
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.
Management associates and management accounts managers have different pay scales, as shown below.
| Management Associate | Management Accounts Manager | |
| Average salary | $83,566 | $91,681 |
| Salary range | Between $51,000 And $136,000 | Between $66,000 And $125,000 |
| Highest paying City | Westport, CT | Seattle, WA |
| Highest paying state | Connecticut | Washington |
| Best paying company | The Citadel | Meta |
| Best paying industry | Finance | Energy |
There are a few differences between a management associate and a management accounts manager in terms of educational background:
| Management Associate | Management Accounts Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between management associates' and management accounts managers' demographics:
| Management Associate | Management Accounts Manager | |
| Average age | 47 | 46 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 48.6% Female, 51.4% |
| Race ratio | Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 8.9% White, 65.5% American Indian and Alaska Native, 0.7% | 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 | 10% | 11% |