Accounts receivable manager vs bank manager

The differences between accounts receivable managers and bank 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 a bank manager. Additionally, a bank manager has an average salary of $96,910, 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 a bank manager are bank products, financial services, and business development.

Accounts receivable manager vs bank manager overview

	Accounts Receivable Manager	Bank Manager
Yearly salary	$69,403	$96,910
Hourly rate	$33.37	$46.59
Growth rate	17%	17%
Number of jobs	53,859	66,136
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 64%
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 a bank manager do?

A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.

Accounts receivable manager vs bank manager salary

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

	Accounts Receivable Manager	Bank Manager
Average salary	$69,403	$96,910
Salary range	Between $42,000 And $114,000	Between $65,000 And $142,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	California	California
Best paying company	Meta	Accenture
Best paying industry	Technology	Finance

Differences between accounts receivable manager and bank manager education

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

	Accounts Receivable Manager	Bank Manager
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts receivable manager vs bank manager demographics

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

	Accounts Receivable Manager	Bank Manager
Average age	46	46
Gender ratio	Male, 25.0% Female, 75.0%	Male, 48.9% Female, 51.1%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between accounts receivable manager and bank 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.

Bank manager example responsibilities.

Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
Collaborate with corporate training designers and facilitators to plan, develop and execute AML and KYC relate training.
Handle escalations in the absence of the FCM; ensure enterprise complaint tracking own resource management for the financial center.
Team up with FCM and regional recruiter in interview and hiring process.
Perform other jobs and relate projects as assigned including mentoring sales employees to exceed assign goals by Bancorp.
Monitor all banking operations according to the federal rules and regulations, including performing monthly audits, and following Bancorp standards.

Accounts receivable manager vs bank manager skills

Common accounts receivable manager skills

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

Common bank manager skills

Bank Products, 7%
Financial Services, 7%
Business Development, 6%
Secrecy, 6%
Bank Secrecy Act, 6%
Community Involvement, 5%

Accounts Receivable Manager vs. similar jobs

Accounts Receivable Manager related careers

Accounts Receivable Manager related jobs

What similar roles do

Zippia Careers
Executive Management Industry
Accounts Receivable Manager
Accounts Receivable Manager vs Bank Manager

Updated January 8, 2025

Browse executive management jobs