Account receivable associate vs accounts receivable analyst

The differences between account receivable associates and accounts receivable analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both an account receivable associate and an accounts receivable analyst. Additionally, an accounts receivable analyst has an average salary of $43,692, which is higher than the $43,252 average annual salary of an account receivable associate.

The top three skills for an account receivable associate include customer service, data entry and patients. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Account receivable associate vs accounts receivable analyst overview

	Account Receivable Associate	Accounts Receivable Analyst
Yearly salary	$43,252	$43,692
Hourly rate	$20.79	$21.01
Growth rate	-8%	-8%
Number of jobs	79,264	26,558
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 61%
Average age	46	46
Years of experience	12	12

What does an account receivable associate do?

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.

What does an accounts receivable analyst do?

An Accounts Receivable Analyst provides accounts receivable support through monitoring all aspects of the collection of outstanding debts owed to a company. They check missing and unresolved payment issues, monitor overdue accounts, and prepare statements for managers.

Account receivable associate vs accounts receivable analyst salary

Account receivable associates and accounts receivable analysts have different pay scales, as shown below.

	Account Receivable Associate	Accounts Receivable Analyst
Average salary	$43,252	$43,692
Salary range	Between $29,000 And $63,000	Between $33,000 And $57,000
Highest paying City	Wallingford, CT	Arlington, VA
Highest paying state	Connecticut	Connecticut
Best paying company	Alvarez & Marsal	Pacific Investment Management Company LLC
Best paying industry	Technology	Hospitality

Differences between account receivable associate and accounts receivable analyst education

There are a few differences between an account receivable associate and an accounts receivable analyst in terms of educational background:

	Account Receivable Associate	Accounts Receivable Analyst
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	-	-

Account receivable associate vs accounts receivable analyst demographics

Here are the differences between account receivable associates' and accounts receivable analysts' demographics:

	Account Receivable Associate	Accounts Receivable Analyst
Average age	46	46
Gender ratio	Male, 23.5% Female, 76.5%	Male, 29.4% Female, 70.6%
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, 14.2% Unknown, 4.0% Hispanic or Latino, 18.7% Asian, 3.5% White, 59.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between account receivable associate and accounts receivable analyst duties and responsibilities

Account receivable associate example responsibilities.

Manage daily credit card reconciliations and personally deliver regular cash deposits in a safe and professional manner.
Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
Participate in month end close process by ensuring all assign journal entries and account reconciliations are perform timely and accurately.
Receive payments by credit card, ACH (automate clearing house) and electronic bank deposits.
Create and process ACH draft files, credit cards and manual deposits for multiple bank accounts.
Print and export daily EDI orders, match documents by PO number and forward to shipping department for processing.

Accounts receivable analyst example responsibilities.

Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
Perform and analyze all accounts receivable duties, including proper application of cash, check, ACH, and wire transactions.
Forecast estimate check clearing, deposits, ACH activities and other variables in order to set guidelines for daily cash position.
Verify benefits and eligibility for new patients.
Determine medical benefits base on contractual agreements assuring benefits are applied correctly for patients during claims processing.
Code invoices, research customer information, perform detail reconciliations, analyze exceptions with customer information and billing.

Account receivable associate vs accounts receivable analyst skills

Common account receivable associate skills

Customer Service, 19%
Data Entry, 8%
Patients, 8%
Good Judgment, 5%
Credit Card Payments, 4%
Cash Application, 4%

Common accounts receivable analyst skills

Customer Service, 13%
Reconciliations, 8%
Customer Accounts, 7%
Pivot Tables, 4%
Patients, 4%
Financial Reports, 4%

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Account Receivable Associate
Account Receivable Associate vs Accounts Receivable Analyst

Updated January 8, 2025

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