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Collections/account manager vs cost accounting manager

The differences between collections/account managers and cost accounting 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 a cost accounting manager. Additionally, a cost accounting manager has an average salary of $89,286, 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 a cost accounting manager are variance analysis, financial analysis, and reconciliations.

Collections/account manager vs cost accounting manager overview

Collections/Account ManagerCost Accounting Manager
Yearly salary$48,753$89,286
Hourly rate$23.44$42.93
Growth rate17%17%
Number of jobs114,93661,135
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 78%
Average age4646
Years of experience88

Collections/account manager vs cost accounting manager salary

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

Collections/Account ManagerCost Accounting Manager
Average salary$48,753$89,286
Salary rangeBetween $34,000 And $68,000Between $67,000 And $118,000
Highest paying City-Boston, MA
Highest paying state-Connecticut
Best paying company-Microsoft
Best paying industry-Manufacturing

Differences between collections/account manager and cost accounting manager education

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

Collections/Account ManagerCost Accounting Manager
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 78%
Most common majorBusinessAccounting
Most common collegeStanford UniversityUniversity of Pennsylvania

Collections/account manager vs cost accounting manager demographics

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

Collections/Account ManagerCost Accounting Manager
Average age4646
Gender ratioMale, 40.2% Female, 59.8%Male, 71.7% Female, 28.3%
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, 14.6% Asian, 9.2% White, 64.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between collections/account manager and cost accounting 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

Cost accounting manager example responsibilities.

  • Manage the monthly analysis of variances which include PPV, MUV, substitution and labor.
  • Lead ERP system integration team and restructure manufacturing accounting system of newly acquire facility.
  • Manage payroll and all taxation matters, coordinate independent audit; communicate with outside organizations and agencies.
  • Direct the development, administration, and standards necessary to maintain financial controls in compliance with GAAP and SOX.
  • Provide financial management of inventories for multiple facilities to include book-to-physical account reconciliations, inventory projections and reduction plans.
  • Maintain standard cost integrity including annual standard changes, inventory valuation, monthly closings, account reconciliations and annual budgeting.
  • Show more

Collections/account manager vs cost accounting 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 cost accounting manager skills
  • Variance Analysis, 5%
  • Financial Analysis, 5%
  • Reconciliations, 4%
  • Financial Reports, 4%
  • Product Cost, 4%
  • ERP, 4%

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