Collections/account manager vs accounts payable manager

The differences between collections/account managers and accounts payable 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 collections/account manager and an accounts payable manager. Additionally, an accounts payable manager has an average salary of $69,808, which is higher than the $48,753 average annual salary of a collections/account manager.

The top three skills for a collections/account manager include customer service, payment arrangements and debt collection. The most important skills for an accounts payable manager are customer service, reconciliations, and purchase orders.

Collections/account manager vs accounts payable manager overview

	Collections/Account Manager	Accounts Payable Manager
Yearly salary	$48,753	$69,808
Hourly rate	$23.44	$33.56
Growth rate	17%	17%
Number of jobs	114,936	53,384
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 58%
Average age	46	46
Years of experience	8	8

Collections/account manager vs accounts payable manager salary

Collections/account managers and accounts payable managers have different pay scales, as shown below.

	Collections/Account Manager	Accounts Payable Manager
Average salary	$48,753	$69,808
Salary range	Between $34,000 And $68,000	Between $51,000 And $95,000
Highest paying City	-	Beaverton, OR
Highest paying state	-	Oregon
Best paying company	-	Microsoft
Best paying industry	-	Finance

Differences between collections/account manager and accounts payable manager education

There are a few differences between a collections/account manager and an accounts payable manager in terms of educational background:

	Collections/Account Manager	Accounts Payable Manager
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 58%
Most common major	Business	Accounting
Most common college	Stanford University	University of Pennsylvania

Collections/account manager vs accounts payable manager demographics

Here are the differences between collections/account managers' and accounts payable managers' demographics:

	Collections/Account Manager	Accounts Payable Manager
Average age	46	46
Gender ratio	Male, 40.2% Female, 59.8%	Male, 24.0% Female, 76.0%
Race ratio	Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.9% Asian, 7.3% White, 65.6% American Indian and Alaska Native, 0.3%	Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 8.0% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between collections/account manager and accounts payable manager duties and responsibilities

Collections/account manager example responsibilities.

Achieve historical low of six percent in A/R over 30 days past due and reduction of DSO to 53 days.
Process payroll and employee benefits, mediated/resolve personnel issues and assure EEOC and OSHA compliance.
Handle high volume incoming/outgoing calls, skip-tracing to find location information by following FDCPA regulations and hit monthly budget.
Maintain and ensure a working knowledge of all federal, state and local governmental regulations including FDCPA, TCPA and FISMA.
Negotiate and execute contract labor, outsourcing and payroll servicing contracts.
Resolve delinquency by ACH payment collections, implement payment programs and negotiate settlements.

Accounts payable manager example responsibilities.

Manage bi-weekly payroll, bonuses, pay cards, PTO.
Collect, enter & manage the quality of information require to produce accurate information report to IRS.
Authorize all AP payment invoices, manage deposits and cash management functions, while providing overall complete payroll oversight.
Refine the 'pro forma invoice' system process to manage prepayments of client invoices enhancing efficiency and adding value.
Assist in computer software upgrade to integrate all accounting functions including pricing, AP, AR, GL and inventory.
Ensure timely and efficient processing of authorize AP invoices and cash disbursements, as well as AR invoices and cash receipts.

Collections/account manager vs accounts payable manager skills

Common collections/account manager skills

Customer Service, 17%
Payment Arrangements, 11%
Debt Collection, 11%
Delinquent Accounts, 10%
Student Loans, 7%
Past Due Accounts, 6%

Common accounts payable manager skills

Customer Service, 7%
Reconciliations, 6%
Purchase Orders, 5%
Vendor Invoices, 5%
Financial Statements, 4%
Payroll, 4%

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Collections/Account Manager
Collections/Account Manager vs Accounts Payable Manager

Updated January 8, 2025

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