Account receivable associate vs accounts receivable clerk

The differences between account receivable associates and accounts receivable 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 accounts receivable clerk takes usually requires 4-6 years. Additionally, an account receivable associate has an average salary of $43,252, which is higher than the $36,425 average annual salary of an accounts receivable clerk.

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

Account receivable associate vs accounts receivable clerk overview

	Account Receivable Associate	Accounts Receivable Clerk
Yearly salary	$43,252	$36,425
Hourly rate	$20.79	$17.51
Growth rate	-8%	-5%
Number of jobs	79,264	87,935
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 36%
Average age	46	51
Years of experience	12	6

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 clerk do?

An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.

Account receivable associate vs accounts receivable clerk salary

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

	Account Receivable Associate	Accounts Receivable Clerk
Average salary	$43,252	$36,425
Salary range	Between $29,000 And $63,000	Between $29,000 And $45,000
Highest paying City	Wallingford, CT	Boston, MA
Highest paying state	Connecticut	Massachusetts
Best paying company	Alvarez & Marsal	IBM
Best paying industry	Technology	Finance

Differences between account receivable associate and accounts receivable clerk education

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

	Account Receivable Associate	Accounts Receivable Clerk
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 36%
Most common major	Business	Accounting
Most common college	-	University of Pennsylvania

Account receivable associate vs accounts receivable clerk demographics

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

	Account Receivable Associate	Accounts Receivable Clerk
Average age	46	51
Gender ratio	Male, 23.5% Female, 76.5%	Male, 13.7% Female, 86.3%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	8%	7%

Differences between account receivable associate and accounts receivable clerk 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 clerk example responsibilities.

Manage and monitor weekly bank deposit runs and record deposits into QuickBooks.
Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
Obtain online reports of bank transactions, including deposits, ACH, EFT and wire payments from multiple banking institutions.
Utilize QuickBooks accounting software for billing/invoices, generate statements.
Perform necessary adjustments using knowledge of Medicare and all third party insurance.
Investigate and resolve any out-of-balances including credit card discrepancies / lockbox exceptions.

Account receivable associate vs accounts receivable clerk 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 clerk skills

Customer Service, 12%
Data Entry, 9%
Collection Calls, 8%
Financial Data, 7%
Credit Card Payments, 5%
Process Payments, 5%

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Account Receivable Associate
Account Receivable Associate vs Accounts Receivable Clerk

Updated January 8, 2025

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