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Assistant collections manager vs accounts receivable manager

The differences between assistant collections managers and accounts receivable 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 assistant collections manager and an accounts receivable manager. Additionally, an accounts receivable manager has an average salary of $69,403, which is higher than the $44,728 average annual salary of an assistant collections manager.

The top three skills for an assistant collections manager include customer service, loan applications and customer satisfaction. The most important skills for an accounts receivable manager are customer service, accounts receivables, and financial reports.

Assistant collections manager vs accounts receivable manager overview

Assistant Collections ManagerAccounts Receivable Manager
Yearly salary$44,728$69,403
Hourly rate$21.50$33.37
Growth rate17%17%
Number of jobs37,05053,859
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 55%
Average age4646
Years of experience88

Assistant collections manager vs accounts receivable manager salary

Assistant collections managers and accounts receivable managers have different pay scales, as shown below.

Assistant Collections ManagerAccounts Receivable Manager
Average salary$44,728$69,403
Salary rangeBetween $32,000 And $61,000Between $42,000 And $114,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Meta
Best paying industry-Technology

Differences between assistant collections manager and accounts receivable manager education

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

Assistant Collections ManagerAccounts Receivable Manager
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Assistant collections manager vs accounts receivable manager demographics

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

Assistant Collections ManagerAccounts Receivable Manager
Average age4646
Gender ratioMale, 43.6% Female, 56.4%Male, 25.0% Female, 75.0%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 7.5% White, 65.2% American Indian and Alaska Native, 0.3%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%
LGBT Percentage11%11%

Differences between assistant collections manager and accounts receivable manager duties and responsibilities

Assistant collections manager example responsibilities.

  • Manage all accounts receivable activities including billing, customer dispute resolution, cash application collections, write-offs and month-end reconciliations.
  • Ensure compliance with all state and federal guidelines for all transactions (FDCPA).
  • Improve overall relationship with CMS regarding billing & collection practices from previous negative relationship.
  • Direct and administer internal / SOX audits to ensure regulatory compliance and operational efficiency/accuracy.
  • Develop standardized AR follow-up processes and diminish outstanding AR relate to Medicare and other healthcare payers.
  • Perform collections activities on delinquent loan accounts to include repossessions, foreclosures, bankruptcy proceedings, and disposition of repossess assets.
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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.
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Assistant collections manager vs accounts receivable manager skills

Common assistant collections manager skills
  • Customer Service, 19%
  • Loan Applications, 13%
  • Customer Satisfaction, 9%
  • Delinquent Accounts, 8%
  • Past Due Accounts, 6%
  • Credit Card, 4%
Common accounts receivable manager skills
  • Customer Service, 14%
  • Accounts Receivables, 8%
  • Financial Reports, 6%
  • Reconciliations, 5%
  • Payroll, 4%
  • Customer Accounts, 4%

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