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Collections/account manager vs accounts receivable manager

The differences between collections/account managers 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 collections/account manager and an accounts receivable manager. Additionally, an accounts receivable manager has an average salary of $69,403, 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 receivable manager are customer service, accounts receivables, and financial reports.

Collections/account manager vs accounts receivable manager overview

Collections/Account ManagerAccounts Receivable Manager
Yearly salary$48,753$69,403
Hourly rate$23.44$33.37
Growth rate17%17%
Number of jobs114,93653,859
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 55%
Average age4646
Years of experience88

Collections/account manager vs accounts receivable manager salary

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

Collections/Account ManagerAccounts Receivable Manager
Average salary$48,753$69,403
Salary rangeBetween $34,000 And $68,000Between $42,000 And $114,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Meta
Best paying industry-Technology

Differences between collections/account manager and accounts receivable manager education

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

Collections/Account ManagerAccounts Receivable Manager
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Collections/account manager vs accounts receivable manager demographics

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

Collections/Account ManagerAccounts Receivable Manager
Average age4646
Gender ratioMale, 40.2% Female, 59.8%Male, 25.0% Female, 75.0%
Race ratioBlack 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, 7.8% 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 collections/account manager and accounts receivable 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.
  • 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

Collections/account manager vs accounts receivable 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 receivable manager skills
  • Customer Service, 14%
  • Accounts Receivables, 8%
  • Financial Reports, 6%
  • Reconciliations, 5%
  • Payroll, 4%
  • Customer Accounts, 4%

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