Credit risk management director vs accounts receivable manager

The differences between credit risk management 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 risk management director and an accounts receivable manager. Additionally, a credit risk management director has an average salary of $147,122, which is higher than the $69,403 average annual salary of an accounts receivable manager.

The top three skills for a credit risk management director include SAS, derivative and alll. The most important skills for an accounts receivable manager are customer service, accounts receivables, and financial reports.

Credit risk management director vs accounts receivable manager overview

	Credit Risk Management Director	Accounts Receivable Manager
Yearly salary	$147,122	$69,403
Hourly rate	$70.73	$33.37
Growth rate	17%	17%
Number of jobs	87,019	53,859
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 55%
Average age	46	46
Years of experience	8	8

What does a credit risk management director do?

A credit risk management director spearheads and oversees the credit management activities of an organization, ensuring operations run smoothly and efficiently according to company standards and regulations. They have the authority to make significant decisions, coordinate managers and supervisors, delegate responsibilities, negotiate and build positive relationships with external parties, and implement programs that will optimize company operations. They also participate in recruiting and hiring staff, developing plans and strategies, and engaging with clients. Additionally, a credit risk management director empowers employees and implements company policies, creating new ones as necessary.

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 risk management director vs accounts receivable manager salary

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

	Credit Risk Management Director	Accounts Receivable Manager
Average salary	$147,122	$69,403
Salary range	Between $95,000 And $227,000	Between $42,000 And $114,000
Highest paying City	Albany, NY	San Francisco, CA
Highest paying state	New Hampshire	California
Best paying company	LendingClub	Meta
Best paying industry	Finance	Technology

Differences between credit risk management director and accounts receivable manager education

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

	Credit Risk Management Director	Accounts Receivable Manager
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 55%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit risk management director vs accounts receivable manager demographics

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

	Credit Risk Management Director	Accounts Receivable Manager
Average age	46	46
Gender ratio	Male, 72.5% Female, 27.5%	Male, 25.0% Female, 75.0%
Race ratio	Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% 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 Percentage	11%	11%

Differences between credit risk management director and accounts receivable manager duties and responsibilities

Credit risk management director example responsibilities.

Lead SOX project planning and implementation, successfully implement the corporate governance policies and internal control framework.
Perform due diligence and treasury integration for acquisitions in the U.S. and Mexico.
Work on risk strategies with executives, Connell executives, treasury, and outside counsel.
Coordinate with trading desks and legal groups in structuring collateral arrangements for various derivative products.
Major focus are on risk and DSO, integrating acquisitions, national accounts, high-risk customer visitations/negotiations, and trend identification/remediation.
Develop and implement credit and collection polices and controls for Sarbanes-Oxley compliance for the entire corporation and publish across all divisions.

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 risk management director vs accounts receivable manager skills

Common credit risk management director skills

SAS, 7%
Derivative, 5%
Alll, 5%
Real Estate, 5%
SQL, 5%
Financial Institutions, 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 Risk Management Director
Credit Risk Management Director vs Accounts Receivable Manager

Updated January 8, 2025

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