Collections director vs accounts receivable manager

The differences between collections directors 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 director and an accounts receivable manager. Additionally, a collections director has an average salary of $73,243, which is higher than the $69,403 average annual salary of an accounts receivable manager.

The top three skills for a collections director include oversight, process improvement and collection process. The most important skills for an accounts receivable manager are customer service, accounts receivables, and financial reports.

Collections director vs accounts receivable manager overview

	Collections Director	Accounts Receivable Manager
Yearly salary	$73,243	$69,403
Hourly rate	$35.21	$33.37
Growth rate	17%	17%
Number of jobs	8,957	53,859
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 55%
Average age	46	46
Years of experience	8	8

Collections director vs accounts receivable manager salary

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

	Collections Director	Accounts Receivable Manager
Average salary	$73,243	$69,403
Salary range	Between $43,000 And $122,000	Between $42,000 And $114,000
Highest paying City	New York, NY	San Francisco, CA
Highest paying state	New York	California
Best paying company	WKYU	Meta
Best paying industry	Technology	Technology

Differences between collections director and accounts receivable manager education

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

	Collections Director	Accounts Receivable Manager
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 55%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Collections director vs accounts receivable manager demographics

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

	Collections Director	Accounts Receivable Manager
Average age	46	46
Gender ratio	Male, 55.1% Female, 44.9%	Male, 25.0% Female, 75.0%
Race ratio	Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 7.3% White, 65.3% 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 Percentage	11%	11%

Differences between collections director and accounts receivable manager duties and responsibilities

Collections director example responsibilities.

Achieve goal a year ahead of schedule, reducing DSO's from a steady 59 days to 43 days.
Manage team through budget/business plans with oversight responsibility to department objectives.
Credit and collection duties to maintain appropriate DSO levels.
Perform collections activities on delinquent loan accounts to include repossessions, foreclosures, bankruptcy proceedings, and disposition of repossess assets.
Supervise the project to move the majority of vendors and customers to ACH transactions.
Initial collections experience; develop communication and negotiation skills while quickly progressing through various departments specializing in different financial areas.

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.

Collections director vs accounts receivable manager skills

Common collections director skills

Oversight, 13%
Process Improvement, 8%
Collection Process, 7%
Customer Service, 6%
Financial Statements, 5%
Cash Flow, 5%

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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Collections Director
Collections Director vs Accounts Receivable Manager

Updated January 8, 2025

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