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Branch banker vs accounts receivable manager

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 vs accounts receivable manager overview

Branch BankerAccounts Receivable Manager
Yearly salary$33,076$69,403
Hourly rate$15.90$33.37
Growth rate17%17%
Number of jobs25,85353,859
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 55%
Average age4646
Years of experience88

What does a branch banker do?

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.

What does an accounts receivable manager do?

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 banker vs accounts receivable manager salary

Branch bankers and accounts receivable managers have different pay scales, as shown below.

Branch BankerAccounts Receivable Manager
Average salary$33,076$69,403
Salary rangeBetween $26,000 And $41,000Between $42,000 And $114,000
Highest paying CitySan Jose, CASan Francisco, CA
Highest paying stateAlaskaCalifornia
Best paying companyJ.P. MorganMeta
Best paying industryFinanceTechnology

Differences between branch banker and accounts receivable manager education

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

Branch BankerAccounts Receivable Manager
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Branch banker vs accounts receivable manager demographics

Here are the differences between branch bankers' and accounts receivable managers' demographics:

Branch BankerAccounts Receivable Manager
Average age4646
Gender ratioMale, 32.2% Female, 67.8%Male, 25.0% Female, 75.0%
Race ratioBlack 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 Percentage11%11%

Differences between branch banker and accounts receivable manager duties and responsibilities

Branch banker example responsibilities.

  • Manage customer portfolios, service relationships, and used profiling analysis tools to identify cross-selling opportunities.
  • Have NMLS #for initiating loans.
  • Oversee entire loan process including application, origination, and closing.
  • Maintain the vault, the ATM, and associate security procedures.
  • Send and receive wire transfers, NMLS certify, handle client complaints, etc.
  • Process all teller transactions and balance individual cash drawer, branch vault, and ATM.
  • Show more

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.
  • Show more

Branch banker vs accounts receivable manager skills

Common branch banker skills
  • Customer Service, 16%
  • Excellent Interpersonal, 15%
  • Customer Relationships, 10%
  • Financial Solutions, 8%
  • Loan Payments, 6%
  • Bank Products, 5%
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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