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Account administrator vs account specialist

The differences between account administrators and account specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an account administrator, becoming an account specialist takes usually requires 6-12 months. Additionally, an account specialist has an average salary of $42,586, which is higher than the $40,149 average annual salary of an account administrator.

The top three skills for an account administrator include customer service, data entry and financial statements. The most important skills for an account specialist are customer service, patients, and account management.

Account administrator vs account specialist overview

Account AdministratorAccount Specialist
Yearly salary$40,149$42,586
Hourly rate$19.30$20.47
Growth rate6%-8%
Number of jobs136,654116,010
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 54%
Average age4746
Years of experience612

What does an account administrator do?

An account administrator receives and verifies goods and services billing and requisitions in an organization. Account administrators review and reconcile accounts, maintain up-to-date receipts and invoice records, and process payments to the company's external partners. Often, they need to contact vendors and clients to be able to perform their tasks. They should be equipped with skills in payroll administration, management, and business expertise. There are also tools that they need to be proficient with, such as accounting software and quality management tools.

What does an account specialist do?

An account specialist is responsible for reaching out to customers or potential clients through calls, emails, and other forms of correspondence to secure sales and strengthen business relations. An account specialist may also perform other tasks such as arranging appointment schedules with clients, providing price quotes and responding to further inquiries, process orders, generating sales leads, and handling complaints and resolving issues. Furthermore, an account specialist may also be involved in developing strategies, finding new opportunities, producing and completing necessary documents, and preparing reports, all in adherence to the company's policies and regulations.

Account administrator vs account specialist salary

Account administrators and account specialists have different pay scales, as shown below.

Account AdministratorAccount Specialist
Average salary$40,149$42,586
Salary rangeBetween $29,000 And $54,000Between $28,000 And $62,000
Highest paying CityFreeport, NYWashington, DC
Highest paying stateNew JerseyVirginia
Best paying companyAbbVieMicrosoft
Best paying industryTechnologyFinance

Differences between account administrator and account specialist education

There are a few differences between an account administrator and an account specialist in terms of educational background:

Account AdministratorAccount Specialist
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Account administrator vs account specialist demographics

Here are the differences between account administrators' and account specialists' demographics:

Account AdministratorAccount Specialist
Average age4746
Gender ratioMale, 29.4% Female, 70.6%Male, 32.2% Female, 67.8%
Race ratioBlack or African American, 9.7% Unknown, 4.7% Hispanic or Latino, 19.2% Asian, 5.3% White, 60.5% American Indian and Alaska Native, 0.6%Black or African American, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between account administrator and account specialist duties and responsibilities

Account administrator example responsibilities.

  • Manage all post-award management activities such as award processing, fund monitoring financial reporting and payroll reconciliation.
  • Post ACH bank deposits via company web portal and/or email remittances provide by the customers.
  • Assist conversion of the accounting system to an ERP system
  • Perform the task of verifying and sending the daily ACH origination files for bank customers.
  • Perform financial account management using QuickBooks.
  • Prepare monthly payroll and statutory tax deduction returns to the regulatory authorities.
  • Show more

Account specialist example responsibilities.

  • Cultivate productive long-term relationships with all assign accounts, and manage all reporting and presentation needs for RFP's.
  • Manage a portfolio of accounts end to end RFP program execution inclusive of pricing, contracting, process and technology solutions.
  • Manage the daily correspondence from assign practices with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Deliver exceptional customer service to hospital accounts and internal sales representatives in accordance to revenue recognition policies and HIPAA regulations.
  • Experience with CMS 1500 and UB-04 claims using HCPC/CPT codes as well as NDC codes
  • Monitor CMS and real time aux codes.
  • Show more

Account administrator vs account specialist skills

Common account administrator skills
  • Customer Service, 25%
  • Data Entry, 10%
  • Financial Statements, 6%
  • Customer Inquiries, 5%
  • Computer System, 5%
  • Payroll, 5%
Common account specialist skills
  • Customer Service, 25%
  • Patients, 13%
  • Account Management, 6%
  • PowerPoint, 4%
  • Data Entry, 4%
  • Catheter, 3%

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