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Accounting technician vs accounts receivable specialist

The differences between accounting technicians and accounts receivable specialists 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 technician, becoming an accounts receivable specialist takes usually requires 6-12 months. Additionally, an accounting technician has an average salary of $41,337, which is higher than the $39,873 average annual salary of an accounts receivable specialist.

The top three skills for an accounting technician include customer service, financial reports and payroll. The most important skills for an accounts receivable specialist are customer service, patients, and data entry.

Accounting technician vs accounts receivable specialist overview

Accounting TechnicianAccounts Receivable Specialist
Yearly salary$41,337$39,873
Hourly rate$19.87$19.17
Growth rate-5%-8%
Number of jobs39,97261,988
Job satisfaction-4.5
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 45%
Average age5146
Years of experience612

What does an accounting technician do?

An accounting technician is responsible for evaluating financial information procedures to support accounting and taxation tasks, verifying the accuracy of account statements for the reference of accountants. Accounting technicians manage the payroll processes, generate invoices, perform account reconciliations, analyze account receivables, prepare budget reports, and monitor the company's financial transactions. Accounting technicians should always adhere to taxation legislation, comply with accounting disciplines, and coordinate with the account management for any findings and concerns, requiring them to have excellent communication and analytical skills.

What does an accounts receivable specialist do?

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.

Accounting technician vs accounts receivable specialist salary

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

Accounting TechnicianAccounts Receivable Specialist
Average salary$41,337$39,873
Salary rangeBetween $31,000 And $53,000Between $31,000 And $50,000
Highest paying CityOakland, CAWashington, DC
Highest paying stateCaliforniaConnecticut
Best paying companyW. R. BerkleyInfosysPublicService
Best paying industryGovernmentTechnology

Differences between accounting technician and accounts receivable specialist education

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

Accounting TechnicianAccounts Receivable Specialist
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 45%
Most common majorAccountingBusiness
Most common collegeUniversity of Pennsylvania-

Accounting technician vs accounts receivable specialist demographics

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

Accounting TechnicianAccounts Receivable Specialist
Average age5146
Gender ratioMale, 22.7% Female, 77.3%Male, 18.2% Female, 81.8%
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, 12.9% Unknown, 4.2% Hispanic or Latino, 19.0% Asian, 3.9% White, 59.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between accounting technician and accounts receivable specialist duties and responsibilities

Accounting technician example responsibilities.

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Reconcile the agency SPCC statement each month
  • Audit includes reviewing SPCC invoices and receipts to ensure appropriate tax exemptions are follow.
  • Analyze cases to determine if ICD-9 and CPT codes are covered benefits according to insurance's medical policy.
  • Apply GAAP following applicable federal regulations.
  • Maintain adherence to university accounting and GAAP standards.
  • Show more

Accounts receivable specialist example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Perform accounts reconciliations, complex invoice research, statement reconciliations, complex invoice research, statement reconciliation and journal entries.
  • Follow company's standard operating procedures in cooperation with Medicare, Medicaid and private insurance providers to resolve billing issues.
  • Cash and credit allocation of customer payments in ROSS ERP system.
  • Prepare PowerPoint presentations, word documents, letters and spreadsheets while meeting deadlines.
  • Reconcile direct billing accounts and adjust product pricing utilizing JD Edwards EnterpriseONE ERP system.
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Accounting technician vs accounts receivable specialist skills

Common accounting technician skills
  • Customer Service, 12%
  • Financial Reports, 10%
  • Payroll, 8%
  • Purchase Orders, 7%
  • Data Entry, 6%
  • Reconciliations, 5%
Common accounts receivable specialist skills
  • Customer Service, 15%
  • Patients, 9%
  • Data Entry, 5%
  • Credit Card Payments, 4%
  • Reconciliations, 4%
  • Accounts Receivables, 3%

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