Assistant collections manager vs cash manager

The differences between assistant collections managers and cash 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 a cash manager. Additionally, a cash manager has an average salary of $93,363, 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 a cash manager are customer service, cash management, and treasury.

Assistant collections manager vs cash manager overview

	Assistant Collections Manager	Cash Manager
Yearly salary	$44,728	$93,363
Hourly rate	$21.50	$44.89
Growth rate	17%	17%
Number of jobs	37,050	60,517
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 48%	Bachelor's Degree, 64%
Average age	46	46
Years of experience	8	8

Assistant collections manager vs cash manager salary

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

	Assistant Collections Manager	Cash Manager
Average salary	$44,728	$93,363
Salary range	Between $32,000 And $61,000	Between $66,000 And $130,000
Highest paying City	-	Redding, CA
Highest paying state	-	California
Best paying company	-	PVH
Best paying industry	-	Manufacturing

Differences between assistant collections manager and cash manager education

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

	Assistant Collections Manager	Cash Manager
Most common degree	Bachelor's Degree, 48%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Assistant collections manager vs cash manager demographics

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

	Assistant Collections Manager	Cash Manager
Average age	46	46
Gender ratio	Male, 43.6% Female, 56.4%	Male, 38.2% Female, 61.8%
Race ratio	Black 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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 8.0% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between assistant collections manager and cash 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.

Cash manager example responsibilities.

Lead and implement design of finance functions of new ERP system.
Manage day-to-day operational processing of securities lending program along with performing frequent analysis and audits for management reporting.
Process weekly ACH sweeps from depository accounts to corporate, wire transfers and other banking functions using PC.
Convert the in house manual system to an ADP ERP system.
Report bi-weekly on Sarbanes-Oxley relate to credits, debits and manual price adjustments.
Research and application of all GAAP policies and procedures as they pertain to the business.

Assistant collections manager vs cash 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 cash manager skills

Customer Service, 32%
Cash Management, 10%
Treasury, 6%
Financial Statements, 4%
Reconciliations, 4%
ACH, 3%

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Assistant Collections Manager
Assistant Collections Manager vs Cash Manager

Updated January 8, 2025

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