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The differences between accounts receivable analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become an accounts receivable analyst, becoming an analyst takes usually requires 2-4 years. Additionally, an analyst has an average salary of $73,007, which is higher than the $43,692 average annual salary of an accounts receivable analyst.
The top three skills for an accounts receivable analyst include customer service, reconciliations and customer accounts. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Accounts Receivable Analyst | Analyst | |
| Yearly salary | $43,692 | $73,007 |
| Hourly rate | $21.01 | $35.10 |
| Growth rate | -8% | 11% |
| Number of jobs | 26,558 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 67% |
| Average age | 46 | 44 |
| Years of experience | 12 | 4 |
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.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Accounts receivable analysts and analysts have different pay scales, as shown below.
| Accounts Receivable Analyst | Analyst | |
| Average salary | $43,692 | $73,007 |
| Salary range | Between $33,000 And $57,000 | Between $53,000 And $99,000 |
| Highest paying City | Arlington, VA | Jersey City, NJ |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | Pacific Investment Management Company LLC | The Citadel |
| Best paying industry | Hospitality | Technology |
There are a few differences between an accounts receivable analyst and an analyst in terms of educational background:
| Accounts Receivable Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | - | Northwestern University |
Here are the differences between accounts receivable analysts' and analysts' demographics:
| Accounts Receivable Analyst | Analyst | |
| Average age | 46 | 44 |
| Gender ratio | Male, 29.4% Female, 70.6% | Male, 52.4% Female, 47.6% |
| Race ratio | 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% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 12% |