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Senior officer vs accounts receivable manager

The differences between senior officers 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 senior officer and an accounts receivable manager. Additionally, a senior officer has an average salary of $72,721, which is higher than the $69,403 average annual salary of an accounts receivable manager.

The top three skills for a senior officer include real estate, professional development and SR. The most important skills for an accounts receivable manager are customer service, accounts receivables, and financial reports.

Senior officer vs accounts receivable manager overview

Senior OfficerAccounts Receivable Manager
Yearly salary$72,721$69,403
Hourly rate$34.96$33.37
Growth rate17%17%
Number of jobs84,19653,859
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 55%
Average age4646
Years of experience88

What does a senior officer do?

The duties of a senior officer depend on their line of work or industry of employment. Typically, as a senior officer, it is their duty to supervise and coordinate staff, set goals and guidelines, manage budgets and schedules, gather and analyze data, and produce progress reports, presenting them to managers or executives. They may also address issues and concerns, resolving them promptly and efficiently. Furthermore, a senior officer must lead and encourage staff to reach goals while implementing the organization's policies and regulations.

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.

Senior officer vs accounts receivable manager salary

Senior officers and accounts receivable managers have different pay scales, as shown below.

Senior OfficerAccounts Receivable Manager
Average salary$72,721$69,403
Salary rangeBetween $39,000 And $134,000Between $42,000 And $114,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyU.S. Securities and Exchange CommissionMeta
Best paying industryFinanceTechnology

Differences between senior officer and accounts receivable manager education

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

Senior OfficerAccounts Receivable Manager
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior officer vs accounts receivable manager demographics

Here are the differences between senior officers' and accounts receivable managers' demographics:

Senior OfficerAccounts Receivable Manager
Average age4646
Gender ratioMale, 67.6% Female, 32.4%Male, 25.0% Female, 75.0%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% 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 senior officer and accounts receivable manager duties and responsibilities

Senior officer example responsibilities.

  • Manage ERP system implementation, reduce lead-time; improve quality control, and outsourcing.
  • Lead RFP's, RFQ's and RFI's for vendor selections for various technology projects.
  • Collaborate with the staff of support departments to manage the process from loan origination to loan closure.
  • Manage an ERP system upgrade assessment for a large, global manufacturer and distributor of home products (Amway).
  • Manage a portfolio of bond loans secure by affordable multifamily housing.
  • Manage a portfolio of donor prospects involving meeting, cultivation, solicitation and stewardship.
  • 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

Senior officer vs accounts receivable manager skills

Common senior officer skills
  • Real Estate, 19%
  • Professional Development, 19%
  • SR, 18%
  • Origination, 15%
  • Risk Management, 5%
  • Portfolio, 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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