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The differences between account receivable associates and accounting clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become an account receivable associate, becoming an accounting clerk takes usually requires 4-6 years. Additionally, an account receivable associate has an average salary of $43,252, which is higher than the $38,683 average annual salary of an accounting clerk.
The top three skills for an account receivable associate include customer service, data entry and patients. The most important skills for an accounting clerk are data entry, customer service, and purchase orders.
| Account Receivable Associate | Accounting Clerk | |
| Yearly salary | $43,252 | $38,683 |
| Hourly rate | $20.79 | $18.60 |
| Growth rate | -8% | -5% |
| Number of jobs | 79,264 | 106,969 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 49% |
| Average age | 46 | 51 |
| Years of experience | 12 | 6 |
An account receivable associate is responsible for collecting and posting client payments for the company's services, recording system transactions timely, and reaching out to clients for outstanding bills. Account receivable associates settle accurate receipts for records, resolve payment discrepancies, and handle other related financial transactions. They also create comprehensive financial reports to the supervisor for review and submission to the senior management. An account receivable associate reviews contract agreements and discusses payment terms with the clients.
Accounting clerks are employees assigned to manage administrative and clerical tasks in the accounting department. Accounting clerks handle office accounting records and ensure that files are properly labeled and stored. They validate records and check whether these are updated. They also sort through documents to ensure that they are in their proper storage bins. Aside from document handling, they also help with creating and validating financial statements and bookkeeping. As such, accounting clerks should have a strong background in accounting to manage their tasks better.
Account receivable associates and accounting clerks have different pay scales, as shown below.
| Account Receivable Associate | Accounting Clerk | |
| Average salary | $43,252 | $38,683 |
| Salary range | Between $29,000 And $63,000 | Between $29,000 And $51,000 |
| Highest paying City | Wallingford, CT | Washington, DC |
| Highest paying state | Connecticut | New York |
| Best paying company | Alvarez & Marsal | Wilson Elser Moskowitz Edelman & Dicker Llp |
| Best paying industry | Technology | Government |
There are a few differences between an account receivable associate and an accounting clerk in terms of educational background:
| Account Receivable Associate | Accounting Clerk | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 49% |
| Most common major | Business | Accounting |
| Most common college | - | University of Pennsylvania |
Here are the differences between account receivable associates' and accounting clerks' demographics:
| Account Receivable Associate | Accounting Clerk | |
| Average age | 46 | 51 |
| Gender ratio | Male, 23.5% Female, 76.5% | Male, 20.0% Female, 80.0% |
| Race ratio | Black or African American, 14.3% Unknown, 4.0% Hispanic or Latino, 18.3% Asian, 3.5% White, 59.4% American Indian and Alaska Native, 0.5% | Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 8% | 7% |