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The differences between assistant credit managers and assistant directors of finance 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 credit manager and an assistant director of finance. Additionally, an assistant director of finance has an average salary of $71,057, which is higher than the $58,664 average annual salary of an assistant credit manager.
The top three skills for an assistant credit manager include financial statements, credit limits and past due accounts. The most important skills for an assistant director of finance are customer service, payroll, and reconciliations.
| Assistant Credit Manager | Assistant Director Of Finance | |
| Yearly salary | $58,664 | $71,057 |
| Hourly rate | $28.20 | $34.16 |
| Growth rate | 17% | 17% |
| Number of jobs | 40,924 | 98,892 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An assistant credit manager performs support tasks to assist credit managers in handling credit accounts and procedures. Among their usual responsibilities include managing credit applications, verifying information and requirements, and evaluating the applicants' credit scores and financial records to ensure their ability to uphold financial obligations. Moreover, they also perform clerical tasks such as preparing and processing documents, handling calls and correspondence, organizing files, liaising with clients, answering inquiries, and resolving issues and concerns should any arise. In the absence of the manager, they have the responsibility to oversee staff and monitor operations to ensure an efficient workflow.
An assistant director of finance is responsible for overseeing the financial activities of a company, ensuring accuracy and smooth workflow. They are also in charge of implementing company policies and regulations, creating new ones as needed while coordinating with the director. Moreover, an assistant director of finance may perform audits and risk assessments, allocate budgets and schedules, coordinate with different departments to gather necessary data, and create new strategies to optimize the workflow and the performance of the workforce.
Assistant credit managers and assistant directors of finance have different pay scales, as shown below.
| Assistant Credit Manager | Assistant Director Of Finance | |
| Average salary | $58,664 | $71,057 |
| Salary range | Between $30,000 And $113,000 | Between $46,000 And $109,000 |
| Highest paying City | - | Oakland, CA |
| Highest paying state | - | New York |
| Best paying company | - | UCI Health |
| Best paying industry | - | Utilities |
There are a few differences between an assistant credit manager and an assistant director of finance in terms of educational background:
| Assistant Credit Manager | Assistant Director Of Finance | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between assistant credit managers' and assistant directors of finance' demographics:
| Assistant Credit Manager | Assistant Director Of Finance | |
| Average age | 46 | 46 |
| Gender ratio | Male, 44.4% Female, 55.6% | Male, 46.7% Female, 53.3% |
| Race ratio | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.2% White, 64.6% American Indian and Alaska Native, 0.3% | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.9% White, 63.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |