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The differences between account resolution specialists 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 specialist and an accounts receivable specialist. Additionally, an accounts receivable specialist has an average salary of $39,873, which is higher than the $35,602 average annual salary of an account resolution specialist.
The top three skills for an account resolution specialist include account resolution, outbound calls and inbound calls. The most important skills for an accounts receivable specialist are customer service, patients, and data entry.
| Account Resolution Specialist | Accounts Receivable Specialist | |
| Yearly salary | $35,602 | $39,873 |
| Hourly rate | $17.12 | $19.17 |
| Growth rate | -8% | -8% |
| Number of jobs | 87,713 | 61,988 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 39% | Bachelor's Degree, 45% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
An account resolutions specialist works at a company's accounting department, where they are in charge of overseeing account receivables to ensure client compliance. Their responsibilities usually include conducting research and analysis, assessing client accounts and credit histories, coordinating with managers and collection agents, and monitoring delinquent accounts. They may also directly communicate with clients to follow-up on invoices, process payments, or even arrange new payment plans while adhering to the company's policies and regulations. Moreover, they must maintain records of all transactions and present regular reports to managers.
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 specialists and accounts receivable specialists have different pay scales, as shown below.
| Account Resolution Specialist | Accounts Receivable Specialist | |
| Average salary | $35,602 | $39,873 |
| Salary range | Between $29,000 And $43,000 | Between $31,000 And $50,000 |
| Highest paying City | Hartford, CT | Washington, DC |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | American Express | InfosysPublicService |
| Best paying industry | Finance | Technology |
There are a few differences between an account resolution specialist and an accounts receivable specialist in terms of educational background:
| Account Resolution Specialist | Accounts Receivable Specialist | |
| Most common degree | Bachelor's Degree, 39% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between account resolution specialists' and accounts receivable specialists' demographics:
| Account Resolution Specialist | Accounts Receivable Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 32.4% Female, 67.6% | Male, 18.2% Female, 81.8% |
| Race ratio | Black or African American, 12.5% Unknown, 4.1% Hispanic or Latino, 18.9% Asian, 3.7% White, 60.4% 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% |