Accounting Manager Job Description: Top Duties and Qualifications

Last updated: June 22, 2022

An Accounting Manager works in a certified public accountant (CPA) firm, financial institution or other company, and their work is essential for maintaining the financial wellness and integrity of an organization. Accounting Managers supervise accounting departments, prepare reports for company leads, and develop standards and processes for proper financial management.

Build a Job Description

Accounting Manager duties and responsibilities

In this section, we will detail the important duties required for the Accounting Manager position and the regular responsibilities people must undertake to excel in the role.

Examples of Accounting Manager duties and responsibilities include:

    Plan, implement and supervise the company’s financial strategy

    Manage the company’s financial accounts, payrolls, budget, cash receipts and financial assets

    Handle the company’s transactions and debts and do cash flow forecasting

    Perform the company’s financial audits

    Follow proper accounting procedures to reach financial objectives

    Monitor and analyze financial accounting data

    Create financial reports based on data analysis

    Make recommendations to business stakeholders

Build a Job Description

Accounting Manager Job Description Examples

What does an Accounting Manager do?

Accounting Managers are an essential part of a financial management team, overseeing organizational systems for gathering data, analyzing information, confirming the accuracy of their staff’s reports and provide recommendations for improving accounting methods. An important part of an Accounting Manager’s role is understanding all types of financial operations at a company and how they work together including debts, assets, cash forecasting, payroll, capital assets and revenue analysis. They guide the implementation of new financial initiatives and generate reports to share progress with their team. Accounting Managers can make suggestions on overall company strategies to meet goals about their financial transactions.

Accounting Manager skills and qualifications

A successful Accounting Manager candidate will have various prerequisite skills and qualifications needed for the job duties. Here are some of them.

Examples of Accounting Manager skills include:

    Great interpersonal and verbal communication skills

    Sound knowledge of accounting principles, standards and regulations

    Experience in working with accounting software and databases

    Superior data management and data analysis skills

    Strong time management and organizational skills

    Detail-oriented with a passion for accuracy

    Two or more years of work experience as Accounting Manager or Finance Manager

    Bachelor’s degree or higher in Accounting, Finance or related field

Accounting Manager salary expectations

An Accounting Manager earns an average salary of $80,354 per year and has a typical work tenure of two to four years. Indeed has based salary estimates on 6,986 salaries gathered in the last 36 months from current and past Indeed job advertisements as well as from anonymous input from site users and people working as Accounting Managers.

Accounting Manager education and training requirements

A bachelor’s degree in accounting, finance or related field is a minimum requirement for entry-level Accounting Manager jobs. For more advanced positions, employers typically require candidates to have a master’s degree or higher and at least two to five years of work experience in a managerial or supervisory capacity. Accounting Managers may get continuing education certifications from accredited institutions to update their skills and advance their careers. Many employers show a preference for candidates with such voluntary certifications as they are likely to have up-to-date accounting knowledge as well as a strong work ethic.

Accounting Manager experience requirements

In entry-level positions, Accounting Managers will work under the direction of senior accounting managers, accounting directors or a company’s financial team. They may move on to handle more challenging managerial duties within the same company or with another one after they have gained two to five years of professional accounting experience.

More advanced Accounting Manager candidates will have staff supervisory experience as well as experience in preparing general ledgers, financial reports, budgetary reports and financial forecasting. They will work with the company’s executive director, finance director, chief financial officer and other senior management executives to improve the financial reporting and develop more efficient workflow processes.

Job description samples for similar positions

If an Accounting Manager job description template isn’t quite what you are looking for, here are some other available job description samples:

Ready to Hire an Accounting Manager? Build an Accounting Manager Job Description

Frequently asked questions about Accounting Managers

What makes a good Accounting Manager?

Good Accounting Managers have strong technical skills and excellent interpersonal abilities so that they can accurately handle the financial details of a company, assess risks and implement the big-picture accounting strategies necessary to balance company finances. They take initiative to seek out inefficiencies and improve upon them so that their team can be more productive. Successful Accounting Managers are great mentors and can help junior Accountants develop industry knowledge to ensure company-wide compliance with legal regulations and standard accounting practices.

What is the difference between an Accounting Manager and an Accountant?

Accounting Managers are a type of Accountant. They supervise other less experienced Accountants and coordinate their efforts as a team. While Accountants specialize in financial reporting and analysis, Accounting Managers are also familiar with managing personnel and developing a team. Accounting Managers can start their career as an Accountant or in a similar field such as finance management or financial consulting. Employers generally expect Accounting Managers to have several years of experience supervising others in a finance role.

What is the difference between an Accounting Manager and Controller?

Controller is a more senior position than Accounting Manager and involves overseeing a financial department as a whole. They standardize company practices and determine how an organization records and reports their financial transactions and other activities. Controllers have a more strategic role while Accounting Managers help refine and implement the overall strategy. Accounting Managers are hands-on and may hire and train staff, present information to Controllers and produce financial reports for Controllers to review.

What roles report to the Accounting Manager?

Accounting Managers oversee other financial roles such as  Accounts Payable Specialists, Accounts Receivable Specialists, Junior Accountants and Bookkeepers. They may plan and carry out performance reviews and mentorship programs to ensure that their entire team is making decisions based on the same accounting framework and organizational goals.

Job Description Examples

Need help writing a job description for a specific role? Use these job description examples to create your next great job posting. Or if you’re ready to hire, post your job on Indeed.

No search results found