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Collections director vs manager finance planning and analysis

The differences between collections directors and managers finance planning and analysis 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 a manager finance planning and analysis. Additionally, a manager finance planning and analysis has an average salary of $106,888, which is higher than the $73,243 average annual salary of a collections director.

The top three skills for a collections director include oversight, process improvement and collection process. The most important skills for a manager finance planning and analysis are financial performance, financial planning analysis, and financial analysis.

Collections director vs manager finance planning and analysis overview

Collections DirectorManager Finance Planning And Analysis
Yearly salary$73,243$106,888
Hourly rate$35.21$51.39
Growth rate17%17%
Number of jobs8,957111,706
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 71%
Average age4646
Years of experience88

Collections director vs manager finance planning and analysis salary

Collections directors and managers finance planning and analysis have different pay scales, as shown below.

Collections DirectorManager Finance Planning And Analysis
Average salary$73,243$106,888
Salary rangeBetween $43,000 And $122,000Between $76,000 And $148,000
Highest paying CityNew York, NYSan Bruno, CA
Highest paying stateNew YorkConnecticut
Best paying companyWKYUCravath
Best paying industryTechnologyManufacturing

Differences between collections director and manager finance planning and analysis education

There are a few differences between a collections director and a manager finance planning and analysis in terms of educational background:

Collections DirectorManager Finance Planning And Analysis
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Collections director vs manager finance planning and analysis demographics

Here are the differences between collections directors' and managers finance planning and analysis' demographics:

Collections DirectorManager Finance Planning And Analysis
Average age4646
Gender ratioMale, 55.1% Female, 44.9%Male, 68.0% Female, 32.0%
Race ratioBlack 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between collections director and manager finance planning and analysis 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.

Manager finance planning and analysis example responsibilities.

  • Manage staff analysis and reporting on GAAP operating results and statutory consolidation.
  • Evaluate and screen capital projects and business expansion initiatives achieving expect ROI and organizational success.
  • Manage capital projects, coordinate profit planning and annual business meetings, and co-manage SOX compliance implementation.
  • Manage payroll and control human resource expense budgets by identifying variance between budget and results and continuously improving working efficiency.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Implement 1st systematic forecast for balance sheet and cash flow in Hyperion planning providing senior management timely analysis for decision making.
  • Show more

Collections director vs manager finance planning and analysis skills

Common collections director skills
  • Oversight, 13%
  • Process Improvement, 8%
  • Collection Process, 7%
  • Customer Service, 6%
  • Financial Statements, 5%
  • Cash Flow, 5%
Common manager finance planning and analysis skills
  • Financial Performance, 8%
  • Financial Planning Analysis, 7%
  • Financial Analysis, 6%
  • Customer Service, 6%
  • Financial Models, 4%
  • Hyperion, 4%

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