Group Account Director Salary
Group Account Directors in the United States take home an average $142K annually. Residence is the biggest factor affecting pay for this group, followed by career length. Most enjoy medical and dental coverage in this occupation, and the larger part get vision benefits. Most workers in this position report moderate levels of job satisfaction. Female Group Account Directors survey participants are more prevalent than men — 61 percent of professionals. Respondents to the PayScale salary survey provided the data for 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
For Group Account Directors, working in the bustling city of New York has its advantages, including an above-average pay rate. Group Account Directors will also find cushy salaries in Chicago (+8 percent) and Dallas (+7 percent). The smallest paychecks in the market, 15 percent south of the national average, can be found in Seattle. Employers pay around 4 percent less in Los Angeles and 3 percent less in Minneapolis, below-median salaries for those in this field.