Credit director vs accounts receivable manager

The differences between credit 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 credit director and an accounts receivable manager. Additionally, a credit director has an average salary of $129,845, which is higher than the $69,403 average annual salary of an accounts receivable manager.

The top three skills for a credit director include credit policy, oversight and credit card. The most important skills for an accounts receivable manager are customer service, accounts receivables, and financial reports.

Credit director vs accounts receivable manager overview

	Credit Director	Accounts Receivable Manager
Yearly salary	$129,845	$69,403
Hourly rate	$62.43	$33.37
Growth rate	17%	17%
Number of jobs	10,813	53,859
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 55%
Average age	46	46
Years of experience	8	8

What does a credit director do?

A credit director oversees an organization's credit-granting activities, ensuring operations adhere to credit policies and standards. Their responsibilities include making decisions in adherence with the company's short- and long-term goals, setting priorities, establishing timelines, conducting regular reviews and assessments, negotiating with external parties, and coordinating managers and supervisors. They may also manage employees to achieve these goals.

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.

Credit director vs accounts receivable manager salary

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

	Credit Director	Accounts Receivable Manager
Average salary	$129,845	$69,403
Salary range	Between $76,000 And $220,000	Between $42,000 And $114,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	Alaska	California
Best paying company	Aspiration	Meta
Best paying industry	Finance	Technology

Differences between credit director and accounts receivable manager education

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

	Credit Director	Accounts Receivable Manager
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 55%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit director vs accounts receivable manager demographics

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

	Credit Director	Accounts Receivable Manager
Average age	46	46
Gender ratio	Male, 72.7% Female, 27.3%	Male, 25.0% Female, 75.0%
Race ratio	Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 8.3% White, 64.0% 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 credit director and accounts receivable manager duties and responsibilities

Credit director example responsibilities.

Manage a staff of 50+ FTE.
Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Communicate collection concepts to associates using FDCPA guidelines and the company training guide.
Developed/Share best practices, including collection practices and FDCPA rules/regulations training.
Approve and prepare attorney cases for processing, guardianship, Medicaid eligibility and/or litigation.
Major focus are on risk and DSO, integrating acquisitions, national accounts, high-risk customer visitations/negotiations, and trend identification/remediation.

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.

Credit director vs accounts receivable manager skills

Common credit director skills

Credit Policy, 6%
Oversight, 6%
Credit Card, 5%
Process Improvement, 5%
Receivable Portfolio, 4%
Credit Risk Management, 4%

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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Credit Director
Credit Director vs Accounts Receivable Manager

Updated January 8, 2025

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