Career comparison

Accountant vs. Financial Manager

Side-by-side pay, training, growth and day-to-day duties to help you choose between two related careers.

Updated By the Career Education Institute Curriculum Team
Accountant vs. Financial Manager: the short answer

Financial managers earn more at the median ($166,570 vs. $83,680), while accountants usually get to work faster (4+ years of training). Accountants prepare and examine financial records, taxes and reports that guide business decisions. Financial managers guide an organization’s money, reports and financial plans.

Pay data: BLS OEWS, May 2025 · Outlook: BLS 2025–35 · Checked October 15, 2026

AccountantFinancial Manager
Median pay$83,680 ($40.23/hr)$166,570 ($80.08/hr)
Pay range (10th–90th)$56,020 – $144,090$94,310 – $323,270
Job growth, 2025–35+5.0% (faster than average)+9.7% (much faster than average)
Openings per year115,30065,600
Typical entry educationBachelor's degreeBachelor's degree
Training time4+ years5+ years of experience
Key credentialCPACPA
Work settingAccountants work in public accounting firms, corporations, government agencies, nonprofits and their own practices.Financial managers work in offices at companies, banks, governments and nonprofits..

What each job does

Accountant

  • Prepare and analyze financial statements
  • Record journal entries and reconcile accounts
  • Prepare tax returns and tax planning
  • Audit financial records and test internal controls
  • Prepare budgets, forecasts and variance analyses

Financial Manager

  • Prepare financial reports
  • Lead budgeting and forecasting
  • Manage cash and investments
  • Oversee accounting staff
  • Work with auditors

How they’re similar

Both careers involve working with information, desk work, high-pay, and in-demand. Both are part of the business & office field, so many skills transfer between them.

Which should you choose?

Choose accountant if…

  • I enjoy working with numbers and finding answers in data
  • I’m detail-oriented and careful
  • I value a stable, respected profession

Choose financial manager if…

  • I love numbers
  • I like advising leaders
  • I’m detail-oriented

Still torn? Take the Accountant fit quiz and the Financial Manager fit quiz, or the full Career Match Quiz.

Quick comparisons

Which pays more, accountant or financial manager?

Financial Managers earn more at the median: $166,570 versus $83,680 for accountants, based on BLS May 2025 data.

Which takes less time to train for?

Accountants typically train faster (4+ years) than financial managers (5+ years of experience).

Which career has better job growth?

BLS projects financial managers to grow +9.7% from 2025–35, compared with +5.0% for accountants.