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Accounting representative vs bill collector

The differences between accounting representatives and bill collectors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounting representative, becoming a bill collector takes usually requires 6-12 months. Additionally, an accounting representative has an average salary of $43,876, which is higher than the $35,585 average annual salary of a bill collector.

The top three skills for an accounting representative include patients, data entry and payroll. The most important skills for a bill collector are patients, customer service, and medicaid.

Accounting representative vs bill collector overview

Accounting RepresentativeBill Collector
Yearly salary$43,876$35,585
Hourly rate$21.09$17.11
Growth rate-5%-8%
Number of jobs111,41523,746
Job satisfaction--
Most common degreeBachelor's Degree, 46%High School Diploma, 27%
Average age5146
Years of experience612

What does an accounting representative do?

Account representatives are in charge of making sales. Their primary duties include designing and maintaining customer accounts, as well as being a liaison between the organization and clients. They constantly communicate with clients, respond to their concerns, and monitor transactions as well as payments. Also, they develop company invoices, regularly keeping track of client's transactions, maintaining records of the client's account, and routinely auditing them. The job requirements include strong communication and negotiation skills, relevant experience in sales, and confidence.

What does a bill collector do?

A bill collector is responsible for reaching out to the customers to collect overdue payments, negotiate repayment plans, and update account information upon settling of payments. Bill collectors monitor the contact details of the customer, utilizing locator tools and software as required by the organization, and review contract terms to decide on credit advice or escalate the issue to a higher tier. A bill collector must have excellent communication and customer service skills, especially in explaining the customer's case and perform debt collection duties efficiently.

Accounting representative vs bill collector salary

Accounting representatives and bill collectors have different pay scales, as shown below.

Accounting RepresentativeBill Collector
Average salary$43,876$35,585
Salary rangeBetween $29,000 And $65,000Between $30,000 And $40,000
Highest paying CityMenlo Park, CAPittsfield, MA
Highest paying stateCaliforniaVirginia
Best paying companyAmazonRetina Group Of Washington
Best paying industryAutomotiveFinance

Differences between accounting representative and bill collector education

There are a few differences between an accounting representative and a bill collector in terms of educational background:

Accounting RepresentativeBill Collector
Most common degreeBachelor's Degree, 46%High School Diploma, 27%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Accounting representative vs bill collector demographics

Here are the differences between accounting representatives' and bill collectors' demographics:

Accounting RepresentativeBill Collector
Average age5146
Gender ratioMale, 21.6% Female, 78.4%Male, 20.0% Female, 80.0%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%Black or African American, 11.8% Unknown, 4.0% Hispanic or Latino, 24.0% Asian, 3.5% White, 56.3% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between accounting representative and bill collector duties and responsibilities

Accounting representative example responsibilities.

  • Review and verify invoices and administer check, ACH, and wire payments.
  • Submit claims; re-bill claims, adjustments claims, and collections from Medicare, Medicaid and other commercial insurance payers.
  • Balance ACH debit exception report, ACH credit exception report and share draft non-post report and enter corresponding general ledger entries.
  • Submit claims to Medicare and Medicaid utilizing IDX system for electronic processing.
  • Prepare daily reconciliations of policy relate cash receipts and disbursements and suspense accounts.
  • Resolve errors by resubmitting correct or unacknowledge claims, medical records, appeals and other documentation require for timely payments.
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Bill collector example responsibilities.

  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Follow HIPPA and FDCPA guidelines to ensure legal collection practices are utilized.
  • Bill and collect all skil Medicare, and other insurance claims which include HMO claims denials.
  • Provide patients with information and resources essential to their financial needs including payment arrangements and account reminders.
  • Take payments by ACH and debit cards.
  • Collect A/R payments from medical insurance companies and customers.
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Accounting representative vs bill collector skills

Common accounting representative skills
  • Patients, 15%
  • Data Entry, 8%
  • Payroll, 6%
  • Customer Service, 5%
  • Computer System, 5%
  • Financial Reports, 5%
Common bill collector skills
  • Patients, 19%
  • Customer Service, 7%
  • Medicaid, 6%
  • Medical Billing, 4%
  • Patient Accounts, 4%
  • Appeals, 4%

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