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Accountable clerk vs accounts receivable analyst

The differences between accountable clerks and accounts receivable analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accountable clerk, becoming an accounts receivable analyst takes usually requires 6-12 months. Additionally, an accounts receivable analyst has an average salary of $43,692, which is higher than the $38,120 average annual salary of an accountable clerk.

The top three skills for an accountable clerk include data entry, financial reports and purchase orders. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Accountable clerk vs accounts receivable analyst overview

Accountable ClerkAccounts Receivable Analyst
Yearly salary$38,120$43,692
Hourly rate$18.33$21.01
Growth rate-5%-8%
Number of jobs81,20926,558
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 61%
Average age5146
Years of experience612

What does an accountable clerk do?

The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget. They mostly process payments and income, ensuring accuracy in every detail and transaction. An accountable clerk may also have clerical tasks such as producing progress reports, answering calls and correspondence, coordinating with various department personnel, and maintaining a database of information. Should there be any issues, it is essential to report to a manager right away.

What does an accounts receivable analyst do?

An Accounts Receivable Analyst provides accounts receivable support through monitoring all aspects of the collection of outstanding debts owed to a company. They check missing and unresolved payment issues, monitor overdue accounts, and prepare statements for managers.

Accountable clerk vs accounts receivable analyst salary

Accountable clerks and accounts receivable analysts have different pay scales, as shown below.

Accountable ClerkAccounts Receivable Analyst
Average salary$38,120$43,692
Salary rangeBetween $29,000 And $49,000Between $33,000 And $57,000
Highest paying CityNew Haven, CTArlington, VA
Highest paying stateMassachusettsConnecticut
Best paying companyWayne County, MichiganPacific Investment Management Company LLC
Best paying industryGovernmentHospitality

Differences between accountable clerk and accounts receivable analyst education

There are a few differences between an accountable clerk and an accounts receivable analyst in terms of educational background:

Accountable ClerkAccounts Receivable Analyst
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Accountable clerk vs accounts receivable analyst demographics

Here are the differences between accountable clerks' and accounts receivable analysts' demographics:

Accountable ClerkAccounts Receivable Analyst
Average age5146
Gender ratioMale, 19.1% Female, 80.9%Male, 29.4% Female, 70.6%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%Black or African American, 14.2% Unknown, 4.0% Hispanic or Latino, 18.7% Asian, 3.5% White, 59.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between accountable clerk and accounts receivable analyst duties and responsibilities

Accountable clerk example responsibilities.

  • Manage the accurate and timely processing of AP invoices for multiple companies.
  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Scan incoming A/P, A/R, bank statements, mail, etc.
  • Review AR aging to ensure compliance.
  • Process, distribute, and maintain AR invoices.
  • Review and handle in-clearing reject items (ACH and checks) and process check adjustments.
  • Show more

Accounts receivable analyst example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Perform and analyze all accounts receivable duties, including proper application of cash, check, ACH, and wire transactions.
  • Forecast estimate check clearing, deposits, ACH activities and other variables in order to set guidelines for daily cash position.
  • Verify benefits and eligibility for new patients.
  • Determine medical benefits base on contractual agreements assuring benefits are applied correctly for patients during claims processing.
  • Code invoices, research customer information, perform detail reconciliations, analyze exceptions with customer information and billing.
  • Show more

Accountable clerk vs accounts receivable analyst skills

Common accountable clerk skills
  • Data Entry, 11%
  • Financial Reports, 10%
  • Purchase Orders, 8%
  • Customer Service, 8%
  • Process Payroll, 8%
  • Office Equipment, 4%
Common accounts receivable analyst skills
  • Customer Service, 13%
  • Reconciliations, 8%
  • Customer Accounts, 7%
  • Pivot Tables, 4%
  • Patients, 4%
  • Financial Reports, 4%

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