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The differences between branch bankers 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 a branch banker and an accounts receivable manager. Additionally, an accounts receivable manager has an average salary of $69,403, which is higher than the $33,076 average annual salary of a branch banker.
The top three skills for a branch banker include customer service, excellent interpersonal and customer relationships. The most important skills for an accounts receivable manager are customer service, accounts receivables, and financial reports.
| Branch Banker | Accounts Receivable Manager | |
| Yearly salary | $33,076 | $69,403 |
| Hourly rate | $15.90 | $33.37 |
| Growth rate | 17% | 17% |
| Number of jobs | 25,853 | 53,859 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 55% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A branch banker is responsible for assisting the customers in performing their financial transactions, updating their account information, and resolving bank discrepancies. Branch bankers guide the customers in handling their personal finances and recommend financial services according to the customers' needs and qualifications. They also create financial reports and identify opportunities that would generate more revenue resources by conducting data and statistical reviews. A branch banker must have excellent analytical skills, as well as extensive knowledge of the financial industry, to manage financial functions and set regulations accordingly.
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.
Branch bankers and accounts receivable managers have different pay scales, as shown below.
| Branch Banker | Accounts Receivable Manager | |
| Average salary | $33,076 | $69,403 |
| Salary range | Between $26,000 And $41,000 | Between $42,000 And $114,000 |
| Highest paying City | San Jose, CA | San Francisco, CA |
| Highest paying state | Alaska | California |
| Best paying company | J.P. Morgan | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between a branch banker and an accounts receivable manager in terms of educational background:
| Branch Banker | Accounts Receivable Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between branch bankers' and accounts receivable managers' demographics:
| Branch Banker | Accounts Receivable Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 32.2% Female, 67.8% | Male, 25.0% Female, 75.0% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.1% White, 63.7% 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 Percentage | 11% | 11% |