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The differences between account receivable associates and billing analysts 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 a billing analyst takes usually requires 1-2 years. Additionally, a billing analyst has an average salary of $51,544, 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 a billing analyst are customer service, patients, and billing issues.
| Account Receivable Associate | Billing Analyst | |
| Yearly salary | $43,252 | $51,544 |
| Hourly rate | $20.79 | $24.78 |
| Growth rate | -8% | -3% |
| Number of jobs | 79,264 | 30,566 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 59% |
| Average age | 46 | 46 |
| Years of experience | 12 | 2 |
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.
A billing analyst is responsible for supporting the operations of an accounting department, evaluating and issuing invoices, and analyzing the financial transactions of the company. Billing analysts assist with creating financial statements and reports, managing billing discrepancies, updating recent account statements on the company's database, and checking the accuracy of balance sheets. A billing analyst must have excellent analytical skills, as well as the knowledge of the accounting principles, performing account reconciliations, processing receivables, and tracking clients' billing statements.
Account receivable associates and billing analysts have different pay scales, as shown below.
| Account Receivable Associate | Billing Analyst | |
| Average salary | $43,252 | $51,544 |
| Salary range | Between $29,000 And $63,000 | Between $35,000 And $73,000 |
| Highest paying City | Wallingford, CT | Washington, DC |
| Highest paying state | Connecticut | Alaska |
| Best paying company | Alvarez & Marsal | Meta |
| Best paying industry | Technology | Finance |
There are a few differences between an account receivable associate and a billing analyst in terms of educational background:
| Account Receivable Associate | Billing Analyst | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | - | University of Pennsylvania |
Here are the differences between account receivable associates' and billing analysts' demographics:
| Account Receivable Associate | Billing Analyst | |
| Average age | 46 | 46 |
| Gender ratio | Male, 23.5% Female, 76.5% | Male, 29.7% Female, 70.3% |
| 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, 11.3% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.3% White, 57.7% American Indian and Alaska Native, 0.9% |
| LGBT Percentage | 8% | 7% |