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Account receivable associate vs assistant account executive

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 vs assistant account executive overview

Account Receivable AssociateAssistant Account Executive
Yearly salary$43,252$50,053
Hourly rate$20.79$24.06
Growth rate-8%-8%
Number of jobs79,264101,151
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 79%
Average age4649
Years of experience124

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 assistant account executive do?

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 associate vs assistant account executive salary

Account receivable associates and assistant account executives have different pay scales, as shown below.

Account Receivable AssociateAssistant Account Executive
Average salary$43,252$50,053
Salary rangeBetween $29,000 And $63,000Between $37,000 And $66,000
Highest paying CityWallingford, CTSeattle, WA
Highest paying stateConnecticutWashington
Best paying companyAlvarez & MarsalTurner Construction
Best paying industryTechnologyProfessional

Differences between account receivable associate and assistant account executive education

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

Account Receivable AssociateAssistant Account Executive
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 79%
Most common majorBusinessAccounting
Most common college--

Account receivable associate vs assistant account executive demographics

Here are the differences between account receivable associates' and assistant account executives' demographics:

Account Receivable AssociateAssistant Account Executive
Average age4649
Gender ratioMale, 23.5% Female, 76.5%Male, 32.4% Female, 67.6%
Race ratioBlack 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 Percentage8%10%

Differences between account receivable associate and assistant account executive 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.
  • Show more

Assistant account executive example responsibilities.

  • Manage Facebook community during crisis that receive national attention.
  • Create Facebook paid ads with keywords and key demographics.
  • Create and present informative Microsoft PowerPoint presentations on regional advertising efforts for clients.
  • Create, research and prepare PowerPoint presentations given by agency partners at national conferences.
  • Secure a promotion within one year by assuming journal entry and basic reconciliations responsibilities in addition to already performing AP functions.
  • Collaborate on monthly website, display, organic and SEM performance reports.
  • Show more

Account receivable associate vs assistant account executive 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 assistant account executive skills
  • Customer Service, 11%
  • Press Releases, 8%
  • Account Management, 7%
  • PowerPoint, 6%
  • Account Executives, 5%
  • Journal Entries, 4%

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