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Commercial lending vice president vs accounts receivable manager

The differences between commercial lending vice presidents 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 commercial lending vice president and an accounts receivable manager. Additionally, a commercial lending vice president has an average salary of $94,727, which is higher than the $69,403 average annual salary of an accounts receivable manager.

The top three skills for a commercial lending vice president include loan portfolio, financial statements and business development. The most important skills for an accounts receivable manager are customer service, accounts receivables, and financial reports.

Commercial lending vice president vs accounts receivable manager overview

Commercial Lending Vice PresidentAccounts Receivable Manager
Yearly salary$94,727$69,403
Hourly rate$45.54$33.37
Growth rate17%17%
Number of jobs58,56353,859
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 55%
Average age4646
Years of experience88

What does a commercial lending vice president do?

A Commercial Lending Vice President provides customers with financial counseling and recommends bank products that fit their needs. They monitor a team of loan officers.

What does an accounts receivable manager do?

An accounts receivable manager is responsible for overseeing the financial matters in a business or company, focusing on the generated sales and income. Moreover, they are also responsible for maintaining an accurate and efficient collection of payments, conducting research and analysis, and supervising the workforce, striving to meet all the goals within the allotted time. As a manager in the department, it is also vital to lead fellow skilled professionals and implement the policies and regulations of the company or organization.

Commercial lending vice president vs accounts receivable manager salary

Commercial lending vice presidents and accounts receivable managers have different pay scales, as shown below.

Commercial Lending Vice PresidentAccounts Receivable Manager
Average salary$94,727$69,403
Salary rangeBetween $73,000 And $121,000Between $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 commercial lending vice president and accounts receivable manager education

There are a few differences between a commercial lending vice president and an accounts receivable manager in terms of educational background:

Commercial Lending Vice PresidentAccounts Receivable Manager
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lending vice president vs accounts receivable manager demographics

Here are the differences between commercial lending vice presidents' and accounts receivable managers' demographics:

Commercial Lending Vice PresidentAccounts Receivable Manager
Average age4646
Gender ratioMale, 81.7% Female, 18.3%Male, 25.0% Female, 75.0%
Race ratioBlack or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 7.3% White, 65.1% 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 commercial lending vice president and accounts receivable manager duties and responsibilities

Commercial lending vice president example responsibilities.

  • Establish and manage customer relationships, credit approval/recommendation, documentation, servicing of commercial, real estate, and SBA loans.
  • Manage a loan pipeline from origination through to settlement and funding in accordance with Bankpolicies, procedures and regulatory requirements.
  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Expand commercial loan product offerings by establish bank with the SBA, enabling usage of SBA programs for loan risk mitigation.
  • Co-Manage a portfolio of $275MM with a senior relationship manager facilitating underwriting, renewals and origination.
  • Manage a loan pipeline from origination through to settlement and funding in accordance with Bankpolicies, procedures and regulatory requirements.
  • 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

Commercial lending vice president vs accounts receivable manager skills

Common commercial lending vice president skills
  • Loan Portfolio, 11%
  • Financial Statements, 7%
  • Business Development, 7%
  • Real Estate Loans, 6%
  • Commercial Banking, 5%
  • Commercial Loans, 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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