Accounts receivable manager vs audit manager

The differences between accounts receivable managers and audit managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an accounts receivable manager and an audit manager. Additionally, an audit manager has an average salary of $121,419, which is higher than the $69,403 average annual salary of an accounts receivable manager.

The top three skills for an accounts receivable manager include customer service, accounts receivables and financial reports. The most important skills for an audit manager are CPA, internal audit, and audit reports.

Accounts receivable manager vs audit manager overview

	Accounts Receivable Manager	Audit Manager
Yearly salary	$69,403	$121,419
Hourly rate	$33.37	$58.37
Growth rate	17%	17%
Number of jobs	53,859	70,168
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 75%
Average age	46	46
Years of experience	8	8

What does an accounts receivable manager do?

An accounts receivable manager is responsible for overseeing the financial matters in a business or company, focusing on the generated sales and income. Moreover, they are also responsible for maintaining an accurate and efficient collection of payments, conducting research and analysis, and supervising the workforce, striving to meet all the goals within the allotted time. As a manager in the department, it is also vital to lead fellow skilled professionals and implement the policies and regulations of the company or organization.

What does an audit manager do?

An 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. Based on findings gathered, a financial institution can gain vision into their variance and overall performance. They are also responsible for scheduling audits, initiating departmental audits, consolidation, and analysis of audit reports, and reviewing accounting procedures. Moreover, part of their tasks is to create audit finding presentations to be presented to the audit committee. It requires a high amount of accountability to be an effective audit manager.

Accounts receivable manager vs audit manager salary

Accounts receivable managers and audit managers have different pay scales, as shown below.

	Accounts Receivable Manager	Audit Manager
Average salary	$69,403	$121,419
Salary range	Between $42,000 And $114,000	Between $82,000 And $178,000
Highest paying City	San Francisco, CA	Portland, ME
Highest paying state	California	Maine
Best paying company	Meta	Meta
Best paying industry	Technology	Manufacturing

Differences between accounts receivable manager and audit manager education

There are a few differences between an accounts receivable manager and an audit manager in terms of educational background:

	Accounts Receivable Manager	Audit Manager
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 75%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts receivable manager vs audit manager demographics

Here are the differences between accounts receivable managers' and audit managers' demographics:

	Accounts Receivable Manager	Audit Manager
Average age	46	46
Gender ratio	Male, 25.0% Female, 75.0%	Male, 66.0% Female, 34.0%
Race ratio	Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 7.6% White, 65.1% American Indian and Alaska Native, 0.3%	Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between accounts receivable manager and audit manager duties and responsibilities

Accounts receivable manager example responsibilities.

Manage payroll activities including calculating and distributing payroll checks and making monthly withholding deposits to the IRS via EFTPS website.
Accomplish, results-orient professional with a strong background in TABS3 management and QuickBooks utilization.
Manage all accounts receivable activities including billing, customer dispute resolution, cash application collections, write-offs and month-end reconciliations.
Review claims hold up in EDI, and initiate pathway in working claims edits, claims follow up and appeals.
Run GL transfer and post daily.
Utilize multiple ERP systems for billing and collection purposes.

Audit manager example responsibilities.

Manage a review for a large insurance company to ensure compliance with HIPAA law.
Manage audits in all divisions and ensure all accounting transactions are perform in accordance with GAAP.
Lead ERM development, implementation, risk assessment reviews, reporting, improvement/remediation, & continuous monitoring.
Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
Manage audits of monthly closings, bank reports, cash flow, operations analysis, revenue accounting, and IPO documents.
Manage two staff accountants and Hyperion assistant/analyst.

Accounts receivable manager vs audit manager skills

Common accounts receivable manager skills

Customer Service, 14%
Accounts Receivables, 8%
Financial Reports, 6%
Reconciliations, 5%
Payroll, 4%
Customer Accounts, 4%

Common audit manager skills

CPA, 14%
Internal Audit, 6%
Audit Reports, 6%
Audit Engagements, 5%
Financial Services, 5%
Risk Management, 5%

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Accounts Receivable Manager
Accounts Receivable Manager vs Audit Manager

Updated January 8, 2025

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