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The differences between account receivable associates and assistant account executives 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 assistant account executive takes usually requires 2-4 years. Additionally, an assistant account executive has an average salary of $50,053, 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 assistant account executive are customer service, press releases, and account management.
| Account Receivable Associate | Assistant Account Executive | |
| Yearly salary | $43,252 | $50,053 |
| Hourly rate | $20.79 | $24.06 |
| Growth rate | -8% | -8% |
| Number of jobs | 79,264 | 101,151 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 79% |
| Average age | 46 | 49 |
| Years of experience | 12 | 4 |
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.
An assistant account executive is responsible for managing customer accounts, under the supervision of an account executive. Assistant account executives develop processes and techniques to execute projects based on clients' specifications. They assist account executives with clients' presentations for project updates and status reports. They also manage client requests to increase brand awareness, including maximizing sales strategies and resources and advertising promotions within the budget goals. They must have excellent communication and critical-thinking skills, especially when managing the clients' expectations and marketing the clients' brands to all available platforms for customers' recognition.
Account receivable associates and assistant account executives have different pay scales, as shown below.
| Account Receivable Associate | Assistant Account Executive | |
| Average salary | $43,252 | $50,053 |
| Salary range | Between $29,000 And $63,000 | Between $37,000 And $66,000 |
| Highest paying City | Wallingford, CT | Seattle, WA |
| Highest paying state | Connecticut | Washington |
| Best paying company | Alvarez & Marsal | Turner Construction |
| Best paying industry | Technology | Professional |
There are a few differences between an account receivable associate and an assistant account executive in terms of educational background:
| Account Receivable Associate | Assistant Account Executive | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 79% |
| Most common major | Business | Accounting |
| Most common college | - | - |
Here are the differences between account receivable associates' and assistant account executives' demographics:
| Account Receivable Associate | Assistant Account Executive | |
| Average age | 46 | 49 |
| Gender ratio | Male, 23.5% Female, 76.5% | Male, 32.4% Female, 67.6% |
| 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, 7.6% Unknown, 4.8% Hispanic or Latino, 11.2% Asian, 5.0% White, 71.0% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 8% | 10% |