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Collections/account manager vs assistant account manager

The differences between collections/account managers and assistant account 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 assistant account manager. Additionally, a collections/account manager has an average salary of $48,753, which is higher than the $45,905 average annual salary of an assistant 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 assistant account manager are HR, emergency situations, and account management.

Collections/account manager vs assistant account manager overview

Collections/Account ManagerAssistant Account Manager
Yearly salary$48,753$45,905
Hourly rate$23.44$22.07
Growth rate17%17%
Number of jobs114,936115,363
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 62%
Average age4646
Years of experience88

Collections/account manager vs assistant account manager salary

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

Collections/Account ManagerAssistant Account Manager
Average salary$48,753$45,905
Salary rangeBetween $34,000 And $68,000Between $31,000 And $66,000
Highest paying City-Toms River, NJ
Highest paying state-New Jersey
Best paying company-Elanco
Best paying industry-Professional

Differences between collections/account manager and assistant account manager education

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

Collections/Account ManagerAssistant Account Manager
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Collections/account manager vs assistant account manager demographics

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

Collections/Account ManagerAssistant Account Manager
Average age4646
Gender ratioMale, 40.2% Female, 59.8%Male, 40.4% Female, 59.6%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.3% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between collections/account manager and assistant account 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.
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Assistant account manager example responsibilities.

  • Capitalize on strong organizational and interpersonal skills to expertly manage the regional provider enrollment system for Medicare and Medicaid memberships.
  • Prepare account reconciliations, investigate differences and conduct expense analysis and maintain the company's fix assets system.
  • Allocate revenue of sales, cash flow, inflow and outflow, wire transfers to ensure compliance with GAAP accounting standards.
  • Full responsibility accounting including month end/year end close, reconciliations, budgets, forecasts and performance management.
  • Work closely with CPA firm on annual tax filings.
  • Submit product return claims through documentation and EDI transmissions.
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Collections/account manager vs assistant account 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 assistant account manager skills
  • HR, 25%
  • Emergency Situations, 24%
  • Account Management, 6%
  • Insurance Policies, 4%
  • Quality Customer Service, 4%
  • Financial Statements, 4%

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