An account manager handles the affairs of specific customers that have already engaged in business with a company. After a salesperson has closed a deal, they transition the relationship with the customer to an account manager. The account manager ensures the needs of the customer are met, fosters the relationship, and seeks ways to drive additional business with the client."}},{"@type": "Question","name": "Is an Account Manager a Hard Job?","acceptedAnswer": {"@type": "Answer","text": "An account manager job may not be difficult for individuals with strong interpersonal and communication skills. Being an account manager entails forging relationships with others. Individuals more interested in technical, analytical roles may find an account manager role more difficult."}},{"@type": "Question","name": "How Much Do Account Managers Get Paid?","acceptedAnswer": {"@type": "Answer","text": "According to Payscale, an account manager earns an average base pay of $58,000. In addition, an account manager may earn bonuses, commission, or profit-sharing proceeds."}},{"@type": "Question","name": "Is an Account Manager an Accountant?","acceptedAnswer": {"@type": "Answer","text": "An account manager is different than an accountant. An accountant is an individual who oversees the financial records of a company, while an account manager oversees the relationships with customers."}}]}]}] Investing Stocks  Bonds  ETFs  Options and Derivatives  Commodities  Trading  FinTech and Automated Investing  Brokers  Fundamental Analysis  Technical Analysis  Markets  View All  Simulator Login / Portfolio  Trade  Research  My Games  Leaderboard  Banking Savings Accounts  Certificates of Deposit (CDs)  Money Market Accounts  Checking Accounts  View All  Personal Finance Budgeting and Saving  Personal Loans  Insurance  Mortgages  Credit and Debt  Student Loans  Taxes  Credit Cards  Financial Literacy  Retirement  View All  News Markets  Companies  Earnings  CD Rates  Mortgage Rates  Economy  Government  Crypto  ETFs  Personal Finance  View All  Reviews Best Online Brokers  Best Savings Rates  Best CD Rates  Best Life Insurance  Best Personal Loans  Best Mortgage Rates  Best Money Market Accounts  Best Auto Loan Rates  Best Credit Repair Companies  Best Credit Cards  View All  Academy Investing for Beginners  Trading for Beginners  Become a Day Trader  Technical Analysis  All Investing Courses  All Trading Courses  View All LiveSearchSearchPlease fill out this field.SearchSearchPlease fill out this field.InvestingInvesting Stocks  Bonds  ETFs  Options and Derivatives  Commodities  Trading  FinTech and Automated Investing  Brokers  Fundamental Analysis  Technical Analysis  Markets  View All SimulatorSimulator Login / Portfolio  Trade  Research  My Games  Leaderboard BankingBanking Savings Accounts  Certificates of Deposit (CDs)  Money Market Accounts  Checking Accounts  View All Personal FinancePersonal Finance Budgeting and Saving  Personal Loans  Insurance  Mortgages  Credit and Debt  Student Loans  Taxes  Credit Cards  Financial Literacy  Retirement  View All NewsNews Markets  Companies  Earnings  CD Rates  Mortgage Rates  Economy  Government  Crypto  ETFs  Personal Finance  View All ReviewsReviews Best Online Brokers  Best Savings Rates  Best CD Rates  Best Life Insurance  Best Personal Loans  Best Mortgage Rates  Best Money Market Accounts  Best Auto Loan Rates  Best Credit Repair Companies  Best Credit Cards  View All AcademyAcademy Investing for Beginners  Trading for Beginners  Become a Day Trader  Technical Analysis  All Investing Courses  All Trading Courses  View All EconomyEconomy Government and Policy  Monetary Policy  Fiscal Policy  Economics  View All  Financial Terms  Newsletter  About Us Follow Us      Table of ContentsExpandTable of ContentsWhat Is an Account Manager?The RoleResponsibilitiesCareer PathSalary and BenefitsSales vs. Account ManagementAccount Manager FAQsThe Bottom LineCareersWhat Is an Account Manager? Job Description, Salary, BenefitsBy

An account manager handles the affairs of specific customers that have already engaged in business with a company. After a salesperson has closed a deal, they transition the relationship with the customer to an account manager. The account manager ensures the needs of the customer are met, fosters the relationship, and seeks ways to drive additional business with the client.


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An account manager job may not be difficult for individuals with strong interpersonal and communication skills. Being an account manager entails forging relationships with others. Individuals more interested in technical, analytical roles may find an account manager role more difficult.

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An account manager (AM) is a person who works for a company and is responsible for the management of sales and relationships with particular customers. An account manager maintains the company's existing relationships with a client or group of clients, so that they will continue using the company for business. Account managers do not manage the daily running of the account. They manage the relationship with the client of the account(s) they are assigned to. Generally, a client will remain with one account manager throughout the account's duration. Account managers serve as the interface between the customer service and the sales team in a company.[1] They are assigned a company's existing client accounts. The purpose of being assigned particular clients is to create long term client relationships. The account manager serves to understand the customer's demands, plan how to meet these demands, and generate sales for the company as a result.[2]

Key accounts provide the most business because they contain a small number of clients which contribute a large portion of the company's sales. According to research, sales from a company's key accounts have increased from 23% in 1975 to 60% currently.[3]

The responsibilities of account managers can vary depending on the industry they work in, size of the company and nature of the business. Each customer account can vary in demands and an account manager may work with brand managers for one account and a media department for another. Account managers usually report directly to the account director or agency director of the activity and status of accounts and transactions. An account manager may also manage a single account or a variety of accounts depending on the requirement of the company. Although the responsibility can vary between companies and between accounts, there is a shared set of common responsibilities which are as follows:

There are situations in which an account manager, for example in advertising firms, is responsible for more than one account and therefore looks after multiple clients. When account locations do not overlap the account manager can be placed at the divisional, district, or territory level. When a sales team has a senior sales manager, the account manager coordinates sales accounts from other departments or specialties.[1] In this scenario, the sales team will work under the direct supervision of influencers and deciders instead of with a buyer.[1]

A key account manager (KAM) is assigned to a company headquarters to oversee the account team assigned to a particular account.[1] Key account management includes sales but also includes planning and managing the full relationship between a business and its most important customers. An account manager who works in this role will engage in a variety of tasks including project management, coordination, strategic planning, relationship management, negotiation, leadership and innovative development of opportunities,[5] and keeping record of transaction of sale and purchase goods. The tasks may include working with product design and application, logistics, sales support, and marketing.

Account managers can work for small or large companies either corporate, financial, retail, or government for instance.[2] Any company with a specific clients they conduct business with, can employ an account manager. Typical employers can be:

Account managers usually work in an office setting and can work more than 40 hours weekly. Travel is usually included in the job description. National or global account managers will very likely experience extra travel.[8] ff782bc1db

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