Group Account Director Salary
Earnings for Group Account Directors in the United States come in at around $141K per year on average. Geography and career duration each impact pay for this group, with the former having the largest influence. A large number receive medical and dental insurance and a majority get vision plans. For the most part, Group Account Directors enjoy their work and report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
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.
Group Account Director Job Listings
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Pay Difference by Location
Surpassing the national average by 12 percent, Group Account Directors in New York receive some of the highest pay in the country. Group Account Directors will also find cushy salaries in Dallas (+8 percent) and Chicago (+4 percent). Seattle is home to the smallest salaries in the field, lagging the national average by 14 percent. Employers also pay below the national average in Los Angeles and Minneapolis (3 percent lower).
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Key Stats for Group Account Director
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