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Field collector vs credit and collections analyst

The differences between field collectors and credit and collections analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a field collector and a credit and collections analyst. Additionally, a credit and collections analyst has an average salary of $49,262, which is higher than the $36,565 average annual salary of a field collector.

The top three skills for a field collector include customer service, payment arrangements and delinquent accounts. The most important skills for a credit and collections analyst are customer service, credit limits, and past due accounts.

Field collector vs credit and collections analyst overview

Field CollectorCredit And Collections Analyst
Yearly salary$36,565$49,262
Hourly rate$17.58$23.68
Growth rate-8%-8%
Number of jobs48,08518,105
Job satisfaction4-
Most common degreeBachelor's Degree, 37%Bachelor's Degree, 52%
Average age4646
Years of experience1212

Field collector vs credit and collections analyst salary

Field collectors and credit and collections analysts have different pay scales, as shown below.

Field CollectorCredit And Collections Analyst
Average salary$36,565$49,262
Salary rangeBetween $31,000 And $42,000Between $35,000 And $69,000
Highest paying City-Bridgewater, NJ
Highest paying state-Connecticut
Best paying company-Vishay
Best paying industry-Finance

Differences between field collector and credit and collections analyst education

There are a few differences between a field collector and a credit and collections analyst in terms of educational background:

Field CollectorCredit And Collections Analyst
Most common degreeBachelor's Degree, 37%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common college--

Field collector vs credit and collections analyst demographics

Here are the differences between field collectors' and credit and collections analysts' demographics:

Field CollectorCredit And Collections Analyst
Average age4646
Gender ratioMale, 61.3% Female, 38.7%Male, 30.0% Female, 70.0%
Race ratioBlack or African American, 12.5% Unknown, 3.9% Hispanic or Latino, 22.9% Asian, 3.3% White, 57.0% American Indian and Alaska Native, 0.5%Black or African American, 12.0% Unknown, 4.0% Hispanic or Latino, 20.5% Asian, 3.6% White, 59.4% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between field collector and credit and collections analyst duties and responsibilities

Field collector example responsibilities.

  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Require to collect a payment towards PSEG accounts or temporarily disconnect electric and or gas services.
  • Disconnect customers gas services by shutting down and locking the meter and removing any rental equipment until unpaid balances are collect.
  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Receive FPL customer light bill payments and post amount paid to customer account.
  • Deposit large amount of money collect from FPL customer to the bank every day.
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Credit and collections analyst example responsibilities.

  • Represent and lead the collections' team during executive management weekly conference calls providing updates on the delinquent A/R reports.
  • Identify and submit financial adjustments using SOX controls and GAAP accounting principles, increasing monthly AR collection.
  • Develop and maintain detailed spreadsheets on all UCC activity for the branch for tracking purposes and follow-up.
  • Establish the UCC filing template and liaise with agent bank to get UCC filing in due time.
  • Oversee the DSO level and negotiate account settlements, payment plans, and attend small claims court for small businesses.
  • Attend regular credit meetings with order management, sales, treasury, and revenue recognition groups to resolve business issues.
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Field collector vs credit and collections analyst skills

Common field collector skills
  • Customer Service, 17%
  • Payment Arrangements, 16%
  • Delinquent Accounts, 10%
  • Customer Complaints, 9%
  • Disconnect, 8%
  • Due Balances, 6%
Common credit and collections analyst skills
  • Customer Service, 18%
  • Credit Limits, 5%
  • Past Due Accounts, 5%
  • Delinquent Accounts, 4%
  • Financial Statements, 4%
  • Credit Card Payments, 3%

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