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Working As an Assistant Account Executive

  • Getting Information
  • Interacting With Computers
  • Communicating with Supervisors, Peers, or Subordinates
  • Documenting/Recording Information
  • Communicating with Persons Outside Organization
  • Deal with People

  • Mostly Sitting

  • Repetitive

  • $42,000

    Average Salary

What Does An Assistant Account Executive Do

Bill and account collectors try to recover payment on overdue bills. They negotiate repayment plans with debtors and help them find solutions to make paying their overdue bills easier.

Duties

Bill and account collectors typically do the following:

  • Find consumers and businesses who have overdue bills
  • Track down consumers who have an out-of-date address by using the Internet, post office, credit bureaus, or neighbors—a process called “skip tracing”
  • Inform debtors that they have an overdue bill and try to negotiate a payment
  • Explain the terms of sale or contract with the debtor, when necessary
  • Learn the reasons for the overdue bills, which can help with the negotiations
  • Offer credit advice or refer a consumer to a debt counselor, when appropriate

Bill and account collectors generally contact debtors by phone, although sometimes they do so by mail. They use computer systems to update contact information and record past collection attempts with a particular debtor. Keeping these records can help collectors with future negotiations.

The main job of bill and account collectors is finding a solution that is acceptable to the debtor and maximizes payment to the creditor. Listening to the debtor and paying attention to his or her concerns can help the collector negotiate a solution.

After the collector and debtor agree on a repayment plan, the collector continually checks to ensure that the debtor pays on time. If the debtor does not pay, the collector submits a statement to the creditor, who can take legal action. In extreme cases, this legal action may include taking back goods or disconnecting service.

Collectors must follow federal and state laws that govern debt collection. These laws require that collectors make sure they are talking with the debtor before announcing that the purpose of the call is to collect a debt. A collector also must give a statement, called “mini-Miranda,” which informs the account holder that they are speaking with a bill or debt collector.

Although many collectors work for third-party collection agencies, some work in-house for the original creditor, such as a credit-card company or a health care provider. The day-to-day activities of in-house collectors are generally the same as those of other collectors.

Collectors usually have goals they are expected to meet. Typically, these include calls per hour and success rates.

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How To Become An Assistant Account Executive

Collectors usually must have a high school diploma. A few months of on-the-job training is common.

Education

Most bill and account collectors are required to have a high school diploma, although some employers prefer applicants who have taken some college courses. Communication, accounting, and basic computer courses are examples of classes that are helpful for entering this occupation.

Training

Collectors usually get 1 to 3 months of on-the-job training after being hired. Training includes learning the company’s policies and computer software and learning the laws for debt collection in the Fair Debt Collection Practices Act, as well as their state’s debt-collection regulations. Collectors also may be trained in negotiation techniques.

Important Qualities

Listening skills. Collectors must pay attention to what debtors say when trying to negotiate a repayment plan. Learning the particular situation of the debtors and how they fell into debt can help collectors suggest solutions.

Negotiating skills. The main aspects of a collector’s job are reconciling the differences between two parties (the debtor and the creditor) and offering a solution that is acceptable to both parties.

Speaking skills. Collectors must be able to speak to debtors to explain their choices and ensure that they fully understand what is being said.

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Assistant Account Executive Career Paths

Assistant Account Executive
Account Executive Consultant
Controller
9 Yearsyrs
Account Executive Manager Office Manager
Accounting Manager
7 Yearsyrs
Account Executive Office Manager Accounting Manager
Assistant Controller
6 Yearsyrs
Accountant Office Manager Account Manager
National Account Manager
8 Yearsyrs
Accountant Finance Manager Sales Manager
Sales And Marketing Manager
6 Yearsyrs
Accountant Manager Branch Manager
Manager, Assistant Vice President
7 Yearsyrs
Account Coordinator Senior Account Executive Account Manager
Account Director
9 Yearsyrs
Account Coordinator Senior Account Executive Sales Manager
Sales And Operations Manager
7 Yearsyrs
Account Coordinator Senior Account Executive Project Manager
Portfolio Manager
7 Yearsyrs
Staff Accountant Senior Accountant Controller
Finance Controller
9 Yearsyrs
Staff Accountant Accounts Payable Supervisor
Accounts Payable Manager
7 Yearsyrs
Staff Accountant Credit Analyst
Credit Manager
5 Yearsyrs
Bookkeeper Substitute Teacher Executive Assistant
Administrative Manager
6 Yearsyrs
Bookkeeper Accounts Receivable Specialist Accounts Receivable Supervisor
Accounts Receivable Manager
6 Yearsyrs
Bookkeeper Executive Assistant
Office Manager Of Human Resources
6 Yearsyrs
Marketing Coordinator Consultant Senior Accountant
Accountant And Office Manager
6 Yearsyrs
Marketing Coordinator Specialist Credit Analyst
Credit And Collection Manager
7 Yearsyrs
Accounts Payable Clerk Billing Analyst Billing Manager
Revenue Manager
8 Yearsyrs
Accounts Payable Clerk Billing Analyst Billing Supervisor
Patient Account Manager
7 Yearsyrs
Executive Assistant Account Manager Client Services Manager
Client Manager
6 Yearsyrs
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Average Length of Employment
Bookkeeper 4.0 years
Account Technician 3.4 years
Account Officer 3.2 years
Account Processor 2.9 years
Account Associate 2.8 years
Account Specialist 2.7 years
Top Careers Before Assistant Account Executive
Internship 16.2%
Accountant 4.5%
Bookkeeper 3.1%
Cashier 3.0%
Top Careers After Assistant Account Executive
Accountant 8.3%
Manager 2.6%
Internship 2.4%
Consultant 2.3%
Bookkeeper 2.1%

Do you work as an Assistant Account Executive?

Average Yearly Salary
$42,000
Show Salaries
$33,000
Min 10%
$42,000
Median 50%
$42,000
Median 50%
$42,000
Median 50%
$42,000
Median 50%
$42,000
Median 50%
$42,000
Median 50%
$42,000
Median 50%
$52,000
Max 90%
Best Paying Company
McKinsey & Company
Highest Paying City
Washington, DC
Highest Paying State
New Hampshire
Avg Experience Level
1.9 years
How much does an Assistant Account Executive make at top companies?
The national average salary for an Assistant Account Executive in the United States is $42,164 per year or $20 per hour. Those in the bottom 10 percent make under $33,000 a year, and the top 10 percent make over $52,000.

Real Assistant Account Executive Salaries

Job Title Company Location Start Date Salary
Assistant Rooms Executive The Ritz-Carlton Hotel Company FL Jul 13, 2010 $80,900
Assistant Rooms Executive The Ritz-Carlton Hotel Company Washington, DC Aug 01, 2010 $73,840
Assistant Rooms Executive Hyatt Corporation San Francisco, CA Apr 20, 2010 $60,445
Assistant Account Executive Spring O'Brien & Company Inc. New York, NY Sep 17, 2015 $56,349
Assistant Account Executive TBWA Worldwide, Inc. Los Angeles, CA Mar 27, 2012 $50,000 -
$60,000
International Assistant Account Executive TBWA Worldwide, Inc. Los Angeles, CA Oct 01, 2011 $50,000 -
$65,000
Assistant Account Executive for Government Affairs Global Communicators, LLC Washington, DC Oct 01, 2011 $49,170
Assistant Account Executive Resnicow + Associates, Inc. New York, NY Apr 06, 2015 $48,000
Assistant Account Executive Burberry Limited New York, NY Jan 08, 2016 $46,675
Assistant Account Executive Young & Rubicam Inc.-Cohn & Wolfe New York, NY Aug 31, 2016 $46,000
Assistant Account Executive Theory LLC New York, NY May 30, 2016 $45,906
Assistant Account Executive-International TBWA Worldwide Inc. Los Angeles, CA Feb 14, 2011 $45,000 -
$60,000
Assistant Account Executive Corbin & Associates Ltd. New York, NY Feb 03, 2014 $41,000
Assistant Account Executive Corbin-Hillman Communications New York, NY Feb 03, 2014 $41,000
Assistant Account Executive Leo Burnett Company, Inc. Chicago, IL Aug 27, 2013 $40,600
Assistant Account Executive/Manager Arnold Worldwide LLC New York, NY Oct 01, 2010 $40,135
Assistant Account Executive Marina Maher Communications LLC New York, NY Aug 24, 2015 $38,979
Assistant Account Executive Nancy Behrman Communications, Inc. New York, NY Nov 28, 2016 $38,890
Assistant Account Executive Hill Holliday LLC Boston, MA Sep 04, 2014 $38,626 -
$51,834
Assistant Account Executive Nancy Behrman Communications, Inc. New York, NY Jan 10, 2016 $38,355
Assistant Account Executive Young & Rubicam Inc. New York, NY Aug 09, 2016 $38,355
Assistant Account Executive Nancy Behrman Communications, Inc. New York, NY Jan 08, 2016 $38,355
Assistant Account Executive Trent & Company, Inc. New York, NY Sep 28, 2015 $38,355

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Top Skills for An Assistant Account Executive

  1. Financial Statements
  2. General Ledger Accounts
  3. Weekly Payroll
You can check out examples of real life uses of top skills on resumes here:
  • Supported month-end close and preparation of interim financial statements, as well as reports for external customers including regulatory agencies.
  • Reconstructed and reconciled large cash accounts, including analysis and recreation of related general ledger accounts spanning several years.
  • Reviewed bi-weekly payroll for accuracy, availability of funds and proper signatures before the Treasurer's Office finalized processing.
  • Distributed press releases and proactively reach out to media/industry analysts.
  • Produced additional sales by securing new accounts and re-establishing former accounts.

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Top 10 Best States for Assistant Account Executives

  1. Massachusetts
  2. District of Columbia
  3. Connecticut
  4. Rhode Island
  5. New Hampshire
  6. Vermont
  7. Colorado
  8. Nevada
  9. California
  10. Alaska
  • (825 jobs)
  • (279 jobs)
  • (237 jobs)
  • (56 jobs)
  • (91 jobs)
  • (38 jobs)
  • (510 jobs)
  • (111 jobs)
  • (3,560 jobs)
  • (31 jobs)

Assistant Account Executive Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applier with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate. At Zippia, we went through over 9,893 Assistant Account Executive resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Create A Top Notch Assistant Account Executive Resume

View Resume Examples

Assistant Account Executive Demographics

Gender

Female

58.1%

Male

28.8%

Unknown

13.1%
Ethnicity

White

55.2%

Hispanic or Latino

16.0%

Asian

12.6%

Black or African American

11.1%

Unknown

5.1%
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Foreign Languages Spoken

Spanish

40.6%

French

11.9%

Chinese

8.6%

Mandarin

8.4%

Hindi

3.6%

Italian

3.6%

Korean

3.2%

Russian

2.8%

Japanese

2.8%

Arabic

2.4%

Cantonese

2.3%

Portuguese

2.3%

German

2.1%

Urdu

1.1%

Greek

1.0%

Hebrew

0.7%

Polish

0.7%

Dutch

0.6%

Turkish

0.6%

Vietnamese

0.5%
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Assistant Account Executive Education

Schools

New York University

10.1%

University of Phoenix

8.0%

Michigan State University

6.7%

Pennsylvania State University

6.3%

Boston University

6.1%

Syracuse University

5.5%

Fordham University

5.3%

University of Texas at Austin

4.9%

Fashion Institute of Technology

4.8%

Northwestern University

4.4%

DePaul University

4.3%

University of Georgia

4.3%

University of Delaware

4.0%

Strayer University

3.8%

Florida State University

3.8%

Hofstra University

3.7%

George Washington University

3.6%

University of Florida

3.6%

University of Maryland - College Park

3.5%

Northeastern University

3.5%
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Majors

Accounting

20.3%

Business

17.9%

Communication

11.9%

Marketing

11.1%

Public Relations

6.7%

Finance

5.2%

Journalism

3.7%

Advertising

3.6%

Management

3.1%

English

2.7%

Psychology

2.5%

Political Science

2.1%

Economics

1.7%

Business Communications

1.3%

Sociology

1.2%

Graphic Design

1.1%

Liberal Arts

1.0%

Health Care Administration

1.0%

Journalism And Mass Communications

1.0%

Specialized Sales And Merchandising

1.0%
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Degrees

Bachelors

58.0%

Masters

19.6%

Other

11.8%

Associate

5.3%

Certificate

2.8%

Diploma

1.4%

Doctorate

0.9%

License

0.2%
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Updated May 19, 2020