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Charge bookkeeper/office manager vs credit manager

The differences between charge bookkeeper/office managers and credit managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a charge bookkeeper/office manager, becoming a credit manager takes usually requires 6-8 years. Additionally, a credit manager has an average salary of $68,583, which is higher than the $52,184 average annual salary of a charge bookkeeper/office manager.

The top three skills for a charge bookkeeper/office manager include reconciliations, general ledger accounts and accounts payables. The most important skills for a credit manager are customer service, financial statements, and credit card.

Charge bookkeeper/office manager vs credit manager overview

Charge Bookkeeper/Office ManagerCredit Manager
Yearly salary$52,184$68,583
Hourly rate$25.09$32.97
Growth rate-5%17%
Number of jobs38,09863,898
Job satisfaction--
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 67%
Average age5146
Years of experience68

Charge bookkeeper/office manager vs credit manager salary

Charge bookkeeper/office managers and credit managers have different pay scales, as shown below.

Charge Bookkeeper/Office ManagerCredit Manager
Average salary$52,184$68,583
Salary rangeBetween $41,000 And $65,000Between $39,000 And $119,000
Highest paying City-San Francisco, CA
Highest paying state-Oregon
Best paying company-Microsoft
Best paying industry-Finance

Differences between charge bookkeeper/office manager and credit manager education

There are a few differences between a charge bookkeeper/office manager and a credit manager in terms of educational background:

Charge Bookkeeper/Office ManagerCredit Manager
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 67%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Charge bookkeeper/office manager vs credit manager demographics

Here are the differences between charge bookkeeper/office managers' and credit managers' demographics:

Charge Bookkeeper/Office ManagerCredit Manager
Average age5146
Gender ratioMale, 8.0% Female, 92.0%Male, 53.9% Female, 46.1%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 7.8% White, 64.5% American Indian and Alaska Native, 0.3%
LGBT Percentage7%11%

Differences between charge bookkeeper/office manager and credit manager duties and responsibilities

Charge bookkeeper/office manager example responsibilities.

  • Manage full circle of AP, processing hundreds of invoices each week.
  • Manage procedural implementation for transition of office to HIPPA regulatory compliance and Medicare PQRI guidelines.
  • Generate and analyze AR and AP reports on a weekly basis and report to owner.
  • Oversee the financial operations of the organization including budget preparation, administration, and all balance sheet account reconciliations.
  • Draft all AIA construction contracts and administer same.
  • Record AR checks and follow up outstanding AR.
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Credit manager example responsibilities.

  • Manage treasury department including all cash management, bank relationships, and debt negotiations.
  • Manage an initiative to move customers from checks to ACH with CTX or EDI remittances.
  • Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
  • Launch the new SBA lending and residential mortgage lending programs.
  • Complete loan workouts and restructures on SBA 504 and LIHTC multifamily loans.
  • Leverage GBM using features generate on Experian's tradeline data through unsupervise learning tool Khiops.
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Charge bookkeeper/office manager vs credit manager skills

Common charge bookkeeper/office manager skills
  • Reconciliations, 11%
  • General Ledger Accounts, 9%
  • Accounts Payables, 7%
  • Journal Entries, 5%
  • Credit Card Accounts, 5%
  • Purchase Orders, 4%
Common credit manager skills
  • Customer Service, 16%
  • Financial Statements, 9%
  • Credit Card, 5%
  • Credit Risk, 5%
  • Credit Policy, 5%
  • Customer Accounts, 4%

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