Group Account Director Salary
Group Account Directors in the United States pull down an average of $143K per year. Overall cash earnings for Group Account Directors stretch from $90K on the lower end to $218K near the top, and the heftiest packages can encompass around $38K from bonuses and $17K from profit sharing. Residence and experience level each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 57 percent. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to the larger part. This report is based on answers to PayScale's salary questionnaire.
|Salary||$87,960 - $198,108|
|Bonus||$2,250 - $37,500|
|Profit Sharing||$0.00 - $16,886|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$90,399 - $218,311|
Job Description for Group Account Director
Group account directors are responsible for heading the accounting team of a corporation, or serve as a Chief Officer in charge of managing all accounts and accountants for a business. Group account directors work with a variety of companies, including major corporations, large businesses, universities, non-profits, and government agencies. The main task of those in this position is to manage (and make profitable) all of their company's accounts, and completing this task requires excellent management and accounting skills.Read More...
Many companies expect the group accounting director to oversee the development of all accountants in the department, as well. Managing subordinates is part of this job and, in many cases, they must also provide training and support for their team. Group account directors are often required to have at least a Bachelor's degree in Accounting, though most employers will require a Master's degree in Accounting or a relevant field such as Business or Finance. Those pursuing this position must also have multiple years of accounting and management experience and display superior planning, executive, communication, and networking skills.
Many group account directors are responsible for the financial direction and planning of their respective companies. Most work normal daytime business hours, plus some overtime on nights and weekends if needed. Those with a role closer to that of an executive can expect to work more overtime and irregular hours. Typically, group accountant directors work in an office building with their own office, and some have an assistant or secretary.
Group Account Director Tasks
- Lead the development and execution of marketing programs.
- Provide financial counsel to clients and establish objectives.
- Drive strategic relationships with clients to achieve expected revenue goals.
Pay Difference by Location
With a pay rate for Group Account Directors that is 16 percent greater than the national average, Dallas offers a comfortable salary for those in this profession. Group Account Directors will also find cushy salaries in New York (+9 percent) and Chicago (+1 percent). The smallest paychecks in the market, 16 percent south of the national average, can be found in Seattle. Employers in Los Angeles and Minneapolis also lean toward paying below-median salaries (5 percent less).
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Key Stats for Group Account Director
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