How to hire a Management Accounts Manager

Management accounts manager hiring summary. Here are some key points about hiring management accounts managers in the United States:

  • In the United States, the median cost per hire a management accounts manager is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new management accounts manager to become settled and show total productivity levels at work.

How to hire a management accounts manager, step by step

To hire a management accounts manager, you need to identify the specific skills and experience you want in a candidate, allocate a budget for the position, and advertise the job opening to attract potential candidates. To hire a management accounts manager, you should follow these steps:

Here's a step-by-step management accounts manager hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a management accounts manager job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new management accounts manager
  • Step 8: Go through the hiring process checklist

What does a Management Accounts Manager do?

A management accounts manager is responsible for maintaining healthy business relationships with clients by handling their project accounts, improving account management procedures, and identifying business opportunities that would generate more revenue resources for the company. Management accounts managers compile portfolio reports, including how the client's account performs in the market and its financial stability. They also negotiate contracts, settle terms and agreements, and ensure the highest customer experience by implementing strategic plans to enhance the company's services.

Learn more about the specifics of what a management accounts manager does
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  1. Identify your hiring needs

    Before you post your management accounts manager job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a management accounts manager for hire on a part-time basis or as a contractor.

    Determine Employee vs Contractor Status
    Is the person you're thinking of hiring a US citizen or green card holder?

    Hiring the perfect management accounts manager also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.

    Here's a comparison of management accounts manager salaries for various roles:

    Type Of Management Accounts ManagerDescriptionHourly Rate
    ascdesc
    Management Accounts ManagerFinancial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.$31-60
    Audit ManagerAn audit manager is responsible for the complete audit process of finances in an organization. They work for banks and report directly to the audit committee... Show More$39-85
    Risk ManagerA risk manager is responsible for analyzing potential risks that may affect the organization's operations, reputation, and market credibility. Risk managers identify risk controls and discuss business contingency plans for unforeseen circumstances to prevent delays in operational services... Show More$40-76
  2. Create an ideal candidate profile

    Common Skills:
    • Customer Service
    • Client Facing
    • Project Management
    • Customer Satisfaction
    • Business Development
    • CRM
    • Client Relationships
    • Payroll
    • Client Satisfaction
    • Reconciliations
    • Medicaid
    • Medicare
    • Process Improvement
    • Accruals
    Check All Skills
    Responsibilities:
    • Manage company strategic initiatives for the Americas.
    • Specialize in data collection logistics and documentation on specific vehicles and manage inventory using CRM applications.
    • Report directly to the VP of Americas on all sales base initiatives.
    • Coordinate financial closings and consolidations working to enhance the Solomon ERP system.
    • Serve as project team lead from the accounting department for the ERP system conversion to JD Edwards.
    • Conduct quarterly Sarbanes-Oxley testing and documentation.
    More Management Accounts Manager duties
  3. Make a budget

    Including a salary range in your management accounts manager job description is one of the best ways to attract top talent. A management accounts manager can vary based on:

    • Location. For example, management accounts managers' average salary in wyoming is 38% less than in washington.
    • Seniority. Entry-level management accounts managers 47% less than senior-level management accounts managers.
    • Certifications. A management accounts manager with certifications usually earns a higher salary.
    • Company. Working for an established firm or a new start-up company can make a big difference in a management accounts manager's salary.

    Average management accounts manager salary

    $91,681yearly

    $44.08 hourly rate

    Entry-level management accounts manager salary
    $66,000 yearly salary
    Updated March 15, 2025

    Average management accounts manager salary by state

    Rank
    ascdesc
    State
    ascdesc
    Avg. Salary
    ascdesc
    Hourly Rate
    ascdesc
    1Washington$117,994$57
    2Oregon$108,445$52
    3California$105,916$51
    4New York$104,871$50
    5New Jersey$102,690$49
    6Maryland$102,142$49
    7North Carolina$99,237$48
    8Michigan$98,489$47
    9Connecticut$97,279$47
    10Massachusetts$96,331$46
    11Pennsylvania$95,529$46
    12Hawaii$95,460$46
    13Arizona$92,547$44
    14Virginia$92,387$44
    15Indiana$92,312$44
    16District of Columbia$91,366$44
    17Georgia$90,353$43
    18Kentucky$90,252$43
    19Rhode Island$89,086$43
    20Louisiana$88,782$43

    Average management accounts manager salary by company

    Rank
    ascdesc
    Company
    ascdesc
    Average Salary
    ascdesc
    Hourly Rate
    ascdesc
    Job Openings
    ascdesc
    1Meta$168,061$80.80192
    2ByteDance$152,275$73.219
    3Twitter$151,220$72.705
    4Apple$146,716$70.5476
    5Microsoft$141,287$67.9336
    6New Relic$133,360$64.12
    7BNY Mellon$131,711$63.3229
    8Texas Instruments$131,284$63.122
    9Avanade$127,595$61.34
    10Omaha Steaks$127,546$61.32
    11Amazon$123,770$59.50991
    12Silicon Valley Bank$121,565$58.44
    13Tesla$120,096$57.7413
    14Salesforce$119,753$57.5716
    15Realogy$118,822$57.13
    16UCSF Benioff Children's Hospital$118,692$57.062
    17Florida Power and Light $117,020$56.2621
    18BMO Capital Markets$115,270$55.4283
    19JPMorgan Chase & Co.$114,122$54.871,361
    20Northern Trust$112,195$53.9464
  4. Writing a Management Accounts Manager Job Description

    A management accounts manager job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a management accounts manager job description:

    Management Accounts Manager job description example

    Job DescriptionResponsible for tracking new sales, managing day to day activities of staff and monitoring work load to ensure effective account management and account retention for a book of business. Responsible for creation, maintenance, and revision to operating procedures, processes and forms as well as identifying and meeting training needs to support new program up-sell opportunities. Also responsible for managing and retaining an assigned book of business for the company's products and services in order to achieve profitable retention of accounts.

    Develops and maintains a strategic business plan that fully reflects customer's business objectives and how our solutions align with those objectives.
    Supports up-sell and renewal activities across assigned account(s). Communicates and updates account service information to appropriate internal staff. Demonstrates thorough knowledge of Cost of Care and implications internally and for the client. Demonstrates and implements strategic profitable products or services and explains the dynamics facing managed care in the current market. Demonstrates strong knowledge of the company's products and services and how multiple products and services are interdependent within the customer contract deliverables and clinical outcomes. Maintains in-depth knowledge of client organization. Develops and maintains multi-level relationships within client organizations which includes maintaining day to day interface with the customer's main point of contact(s). Develops strong internal relationships and contacts within the company that are supportive of the achievement of customer service requirements including attainment of performance guarantees and minimization of performance penalty expense. Effectively explains or uses technology (internally and externally) for customers. Ensures performance standards are measurable and realistic to achieve and/or exceed to avoid penalties. Partners with Operations and Network on monitoring. Manages methodology, reporting and communications. Ensures revenue goals are met, cost of care and administrative expenses are managed and segment profit targets are achieved for assigned account(s). Ensures Service Level Agreement (SLA) performance. Provides high level consultation to customers, including fiscal management support. Resolves or appropriately escalates customer service issues in conjunction with operations (claims, service, and systems). Understands about the company's business and operational decisions to predict impacts on customer. Other Job Requirements Responsibilities 5+ years of account management experience; 3+ years' direct supervisory experience.
    Will substitute an additional 3 or more years of account management, sales or marketing experience in lieu of a formal degree.
    Based on client contract, may require clinical licensure in good standing (RN, LCSW, LMHC, LPC, Pharmacist) for state in which work is performed.
    Ability to expresses ideas, recommendations and solutions clearly, logically and concisely in written, verbal and presentation formats.
    Demonstrated understanding of price/cost relationships.
    Contract Management including implementation management, defining a value proposition for clients and stakeholders and managing renewals.
    Experience and knowledge of evaluation of outcome, process management, project management, program management.
    Knowledge and understanding of management principles, practice, methods and techniques.
    Knowledge of performance motivation and performance management towards outcomes.
    Sales skills are essential, including presentation skills and how to prospect and RFP management.
    Developing positive rapport with consultants and brokers.
    Skilled in analytics, data management and management reporting.
    Skilled in customer specific strategic planning and developing a long range plan for retention/growth.
    Strong networking skills, organizational skills, problem solving, flexibility/versatility. General Job Information Title Mgr, Pharmacy Account Management Grade 27 Work Experience - Required Account Management, Management/Leadership, Sales Work Experience - Preferred Education - Required A Combination of Education and Work Experience May Be Considered., Bachelors Education - Preferred Masters License and Certifications - Required License and Certifications - Preferred Magellan Health, Inc. is proud to be an Equal Opportunity Employer and a Tobacco-free workplace. EOE/M/F/Vet/Disabled.
    Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their position; and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.
  5. Post your job

    There are various strategies that you can use to find the right management accounts manager for your business:

    • Consider promoting from within or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to find candidates who meet your education requirements.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
    Post your job online:
    • Post your management accounts manager job on Zippia to find and recruit management accounts manager candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    Recruiting management accounts managers requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.

    It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new management accounts manager

    Once you've selected the best management accounts manager candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

    You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.

    To prepare for the new management accounts manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a management accounts manager?

Before you start to hire management accounts managers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire management accounts managers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.

The median annual salary for management accounts managers is $91,681 in the US. However, the cost of management accounts manager hiring can vary a lot depending on location. Additionally, hiring a management accounts manager for contract work or on a per-project basis typically costs between $31 and $60 an hour.

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