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Accounting assistant vs accounts receivable assistant

The differences between accounting assistants and accounts receivable assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an accounting assistant and an accounts receivable assistant. Additionally, an accounting assistant has an average salary of $39,569, which is higher than the $36,730 average annual salary of an accounts receivable assistant.

The top three skills for an accounting assistant include data entry, customer service and reconciliations. The most important skills for an accounts receivable assistant are customer service, data entry, and cash handling.

Accounting assistant vs accounts receivable assistant overview

Accounting AssistantAccounts Receivable Assistant
Yearly salary$39,569$36,730
Hourly rate$19.02$17.66
Growth rate-5%-5%
Number of jobs63,94531,748
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 44%
Average age5151
Years of experience66

What does an accounting assistant do?

An accounting assistant is responsible for supporting the daily operations of the business' accounting department, from reviewing financial transactions to the submission of financial reports. Accounting assistants' duties include performing data entry and clerical tasks, maintaining a safe record of account statements, updating and analyzing transactions, verifying the accuracy of financial records, and managing customers and vendors' inquiries as immediate as possible. An accounting assistant must have a broad knowledge of the accounting principles and processes, as well as excellent communication and time-management skills, especially on meeting strict deadlines and doing complex tasks as needed.

What does an accounts receivable assistant do?

An accounts receivable assistant has a variety of duties and responsibilities, including securing revenue by verifying receipts, maintaining records by microfilming debits, credits, and invoices, and summarizing receivables by maintaining invoices and determining the validity of account discrepancies. Other duties include keeping information confidential to protect the organization's value, accomplishing the organization and accounting mission, and resolving valid and authorized deductions. As an accounts receivable assistant, you are also responsible for posting customer payments by recording credit card, cash, and check transactions.

Accounting assistant vs accounts receivable assistant salary

Accounting assistants and accounts receivable assistants have different pay scales, as shown below.

Accounting AssistantAccounts Receivable Assistant
Average salary$39,569$36,730
Salary rangeBetween $30,000 And $50,000Between $29,000 And $46,000
Highest paying CityWashington, DCBoston, MA
Highest paying stateNew YorkNew York
Best paying companyLos Alamos National LaboratoryUniversity of California, Berkeley
Best paying industryFinanceProfessional

Differences between accounting assistant and accounts receivable assistant education

There are a few differences between an accounting assistant and an accounts receivable assistant in terms of educational background:

Accounting AssistantAccounts Receivable Assistant
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 44%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting assistant vs accounts receivable assistant demographics

Here are the differences between accounting assistants' and accounts receivable assistants' demographics:

Accounting AssistantAccounts Receivable Assistant
Average age5151
Gender ratioMale, 20.1% Female, 79.9%Male, 20.4% Female, 79.6%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6%Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between accounting assistant and accounts receivable assistant duties and responsibilities

Accounting assistant example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Participate in weekly, monthly, quarterly, and yearly audits to ensure SOX compliance and propose opportunities for improvement.
  • Meet with account teams to discuss job structure, new projects, client requests, billing procedures, and SOX requirements.
  • Reconcile departmental report cash against banking ACH transactions.
  • Process mortgage portfolio monthly payments and interest accruals.
  • Utilize online system for calculating payroll and family tuition payments.
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Accounts receivable assistant example responsibilities.

  • Reconcile bank deposit information with QuickBooks and manage all deposit files.
  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Post customer payments by recording ACH, checks, and credit card transactions.
  • Inventory control using IBM AS400 system.
  • Maintain invoicing in AS400 billing system, reviewing collection activities and reconciling accounts.
  • Take in and disburse payments from customers in forms of checks, credit cards, ACH, and portal payments.
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Accounting assistant vs accounts receivable assistant skills

Common accounting assistant skills
  • Data Entry, 13%
  • Customer Service, 11%
  • Reconciliations, 8%
  • Purchase Orders, 7%
  • Credit Card Payments, 6%
  • General Ledger Accounts, 5%
Common accounts receivable assistant skills
  • Customer Service, 25%
  • Data Entry, 10%
  • Cash Handling, 7%
  • Financial Reports, 4%
  • Purchase Orders, 4%
  • Payroll, 4%

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