Accounts receivable manager vs collections/accounts receivable

The differences between accounts receivable managers and collections/accounts receivables can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become an accounts receivable manager, becoming a collections/accounts receivable takes usually requires 6-12 months. Additionally, an accounts receivable manager has an average salary of $69,403, which is higher than the $38,949 average annual salary of a collections/accounts receivable.

The top three skills for an accounts receivable manager include customer service, accounts receivables and financial reports. The most important skills for a collections/accounts receivable are customer service, patients, and delinquent accounts.

Accounts receivable manager vs collections/accounts receivable overview

	Accounts Receivable Manager	Collections/Accounts Receivable
Yearly salary	$69,403	$38,949
Hourly rate	$33.37	$18.73
Growth rate	17%	-8%
Number of jobs	53,859	30,523
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 40%
Average age	46	46
Years of experience	8	12

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 collections/accounts receivable do?

An officer for collections/accounts receivable is in charge of a company's financial activities, ensuring that they receive payment from clients. They primarily focus on overseeing all billing and invoices, processing and verifying all receipts and rendered services, maintaining an accurate record of all transactions, producing reports and presentations, reviewing account and payment histories, and ensuring the accuracy of all processes involving the matter. Furthermore, should there be any complex issues, it is essential to reach out to a manager or a supervisor right away.

Accounts receivable manager vs collections/accounts receivable salary

Accounts receivable managers and collections/accounts receivables have different pay scales, as shown below.

	Accounts Receivable Manager	Collections/Accounts Receivable
Average salary	$69,403	$38,949
Salary range	Between $42,000 And $114,000	Between $30,000 And $49,000
Highest paying City	San Francisco, CA	Boston, MA
Highest paying state	California	Connecticut
Best paying company	Meta	Apollo Global Management
Best paying industry	Technology	Finance

Differences between accounts receivable manager and collections/accounts receivable education

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

	Accounts Receivable Manager	Collections/Accounts Receivable
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 40%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Accounts receivable manager vs collections/accounts receivable demographics

Here are the differences between accounts receivable managers' and collections/accounts receivables' demographics:

	Accounts Receivable Manager	Collections/Accounts Receivable
Average age	46	46
Gender ratio	Male, 25.0% Female, 75.0%	Male, 25.3% Female, 74.7%
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, 12.0% Unknown, 4.1% Hispanic or Latino, 20.1% Asian, 3.8% White, 59.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	11%	8%

Differences between accounts receivable manager and collections/accounts receivable 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.

Collections/accounts receivable example responsibilities.

Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
Work accounts receivable for Medicaid verification and payments.
Work remittance advice from Medicaid ensuring accuracy of payments.
Research and obtain extensive knowledge of FDCPA debt recovery laws and assist in recovering commercial debt from organizations.
Communicate effectively with patients, physicians, hospital staff, and insurance representatives to ensure accuracy in claims processing.
Review claims to determine if process correctly and if necessary, direct patients to contact insurance companies regarding additional benefit questions.

Accounts receivable manager vs collections/accounts receivable skills

Common accounts receivable manager skills

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

Common collections/accounts receivable skills

Customer Service, 21%
Patients, 6%
Delinquent Accounts, 5%
Credit Card Payments, 5%
Past Due Accounts, 5%
Customer Accounts, 5%

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Accounts Receivable Manager
Accounts Receivable Manager vs Collections/Accounts Receivable

Updated January 8, 2025

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