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Accounts receivable manager vs management accounts manager

The differences between accounts receivable managers and management accounts 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 management accounts manager. Additionally, a management accounts manager has an average salary of $91,681, 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 management accounts manager are customer service, client facing, and project management.

Accounts receivable manager vs management accounts manager overview

Accounts Receivable ManagerManagement Accounts Manager
Yearly salary$69,403$91,681
Hourly rate$33.37$44.08
Growth rate17%17%
Number of jobs53,859113,871
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 69%
Average age4646
Years of experience88

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 management accounts manager do?

A management accounts manager is responsible for maintaining healthy business relationships with clients by handling their project accounts, improving account management procedures, and identifying business opportunities that would generate more revenue resources for the company. Management accounts managers compile portfolio reports, including how the client's account performs in the market and its financial stability. They also negotiate contracts, settle terms and agreements, and ensure the highest customer experience by implementing strategic plans to enhance the company's services.

Accounts receivable manager vs management accounts manager salary

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

Accounts Receivable ManagerManagement Accounts Manager
Average salary$69,403$91,681
Salary rangeBetween $42,000 And $114,000Between $66,000 And $125,000
Highest paying CitySan Francisco, CASeattle, WA
Highest paying stateCaliforniaWashington
Best paying companyMetaMeta
Best paying industryTechnologyEnergy

Differences between accounts receivable manager and management accounts manager education

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

Accounts Receivable ManagerManagement Accounts Manager
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounts receivable manager vs management accounts manager demographics

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

Accounts Receivable ManagerManagement Accounts Manager
Average age4646
Gender ratioMale, 25.0% Female, 75.0%Male, 48.6% Female, 51.4%
Race ratioBlack 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, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between accounts receivable manager and management accounts 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.
  • Show more

Management accounts manager example responsibilities.

  • Manage company strategic initiatives for the Americas.
  • Specialize in data collection logistics and documentation on specific vehicles and manage inventory using CRM applications.
  • Report directly to the VP of Americas on all sales base initiatives.
  • Coordinate financial closings and consolidations working to enhance the Solomon ERP system.
  • Serve as project team lead from the accounting department for the ERP system conversion to JD Edwards.
  • Conduct quarterly Sarbanes-Oxley testing and documentation.
  • Show more

Accounts receivable manager vs management accounts manager skills

Common accounts receivable manager skills
  • Customer Service, 14%
  • Accounts Receivables, 8%
  • Financial Reports, 6%
  • Reconciliations, 5%
  • Payroll, 4%
  • Customer Accounts, 4%
Common management accounts manager skills
  • Customer Service, 18%
  • Client Facing, 7%
  • Project Management, 6%
  • Customer Satisfaction, 6%
  • Business Development, 6%
  • CRM, 4%

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