How To Become An Accounts Receivable/Credit Manager: What It Is and Career Path

What is an accounts receivable/credit manager and how to become one

Updated January 8, 2025

3 min read

The average accounts receivable/credit manager salary is $60,558. The most common degree is a bachelor's degree degree with an business major. It usually takes 6-8 years of experience to become an accounts receivable/credit manager. Accounts receivable/credit managers with a Certified Management Accountant (CMA) certification earn more money. Between 2018 and 2028, the career is expected to grow 17% and produce 123,100 job opportunities across the U.S.

ScoreAccounts Receivable/Credit ManagerUS Average

Salary

4.7

Avg. Salary $60,558

Avg. Salary $59,228

Stability level

9.5

Growth rate 17%

Growth rate 0.3%

Diversity

3.5

Race

American Indian and Alaska Native 0.34%

Asian 7.47%

Black or African American 7.90%

Hispanic or Latino 15.27%

Unknown 4.12%

White 64.90%

Gender

female 66.81%

male 33.19%

Age - 46

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46

Stress level

9.5

Stress level is very high

7.1 - high

Complexity level

9.3

Complexity level is advanced

7 - challenging

Work life balance

4.9

Work life balance is fair

6.4 - fair

Key steps to become an accounts receivable/credit manager

Explore accounts receivable/credit manager education requirements

Most common accounts receivable/credit manager degrees

Bachelor's

57.2 %

Associate

23.6 %

Master's

7.4 %

Start to develop specific accounts receivable/credit manager skills

Skills	Percentages
Customer Service	6.10%
Credit Card Payments	5.79%
Credit Limits	5.74%
Financial Statements	5.11%
Reconciliations	4.98%

Complete relevant accounts receivable/credit manager training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New accounts receivable/credit managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an accounts receivable/credit manager based on U.S. Bureau of Labor Statistics data and data from real accounts receivable/credit manager resumes.

Research accounts receivable/credit manager duties and responsibilities

Accomplish, results-orient professional with a strong background in TABS3 management and QuickBooks utilization.
Enter new employees, all payroll changes, deductions, wage garnishments, and year end adjustments.
Receive and code payments to proper accounts and invoices (checks, credit cards and ACH).
Process on a weekly basis the factory payroll for 400 plus associates in a timely and accurate manner.

Prepare your accounts receivable/credit manager resume

When your background is strong enough, you can start writing your accounts receivable/credit manager resume.

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Choose from 10+ customizable accounts receivable/credit manager resume templates

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