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The differences between account resolution analysts and accounts receivable specialists 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 resolution analyst and an accounts receivable specialist. Additionally, an account resolution analyst has an average salary of $44,937, which is higher than the $39,873 average annual salary of an accounts receivable specialist.
The top three skills for an account resolution analyst include escalate, credit balances and customer accounts. The most important skills for an accounts receivable specialist are customer service, patients, and data entry.
An account resolution analyst is someone who investigates and determines delinquent accounts, locate and help customers resolve their outstanding balances. In service providers, the threat of delinquent accounts is high, especially with the fluctuating economy. For this reason, companies need an account resolution analyst to help the company collect delayed payments. The resolution analyst will also investigate the customer to know the main reason for the financial difficulty and inability to pay on time.
Accounts receivable specialists are members of the organization's finance or accounting department. They are responsible for managing the collection of payments for the company. They prepare official receipts and coordinate with account payable specialists from other companies with pending payables. They ensure that clients pay on time, and they also follow up on payments when necessary. They are responsible for checking whether the clients have already paid in full. Accounts receivable specialists are in charge of updating accounting records as well to ensure that client records are up to date.
Account resolution analysts and accounts receivable specialists have different pay scales, as shown below.
| Account Resolution Analyst | Accounts Receivable Specialist | |
| Average salary | $44,937 | $39,873 |
| Salary range | Between $31,000 And $64,000 | Between $31,000 And $50,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | Connecticut |
| Best paying company | - | InfosysPublicService |
| Best paying industry | - | Technology |
There are a few differences between an account resolution analyst and an accounts receivable specialist in terms of educational background:
| Account Resolution Analyst | Accounts Receivable Specialist | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between account resolution analysts' and accounts receivable specialists' demographics:
| Account Resolution Analyst | Accounts Receivable Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 34.4% Female, 65.6% | Male, 18.2% Female, 81.8% |
| Race ratio | Black or African American, 12.3% Unknown, 4.1% Hispanic or Latino, 14.9% Asian, 3.8% White, 64.4% American Indian and Alaska Native, 0.5% | Black or African American, 12.9% Unknown, 4.2% Hispanic or Latino, 19.0% Asian, 3.9% White, 59.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |