Adkins replaced Brian Laws - who had won the award in October - in the hotseat at Glanford Park in November, and has steered the Iron to the top of the table.
And with 11 games left to play, United now boast an incredible nine point advantage over second-placed Yeovil.
The former physio has overseen a stunning run of form, having won all five league games in February and not lost a match since December 15.
"It has been remarkable, we've just tried to concentrate one game at a time," said Adkins.
"It has been a great team effort this season, everyone knows what to do and we dont take any game lightly, we never under-estimate the opposition."
Crewe's Dario Gradi, Millwall's Willie Donachie and Brentford's Scott Fitzgerald were also shortlisted for the prize.
United head to Brentford on Saturday as the bookies favourite to claim another three points, but Adkins insists his side remain fully focused.
"It's going to be tough, this award is usually the kiss of death but we'll get on with it," added Adkins.
"We've got to keep everyone's feet firmly on the ground, take it one game at a time - we're not even in the play-offs yet so there's a long way to go."
Hartlepool's Danny Wilson took the award in League Two, with Sunderland's Roy Keane the Championship manager of the month.