Accounts receivable analyst vs collections coordinator

The differences between accounts receivable analysts and collections coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both an accounts receivable analyst and a collections coordinator. Additionally, an accounts receivable analyst has an average salary of $43,692, which is higher than the $37,938 average annual salary of a collections coordinator.

The top three skills for an accounts receivable analyst include customer service, reconciliations and customer accounts. The most important skills for a collections coordinator are customer service, patients, and phone calls.

Accounts receivable analyst vs collections coordinator overview

	Accounts Receivable Analyst	Collections Coordinator
Yearly salary	$43,692	$37,938
Hourly rate	$21.01	$18.24
Growth rate	-8%	-8%
Number of jobs	26,558	40,113
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 48%
Average age	46	46
Years of experience	12	12

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.

What does a collections coordinator do?

Usually working alongside a company's account receivables team, a collections coordinator is in charge of developing strategies to optimize the payment collection operations. Among their responsibilities include reaching out to clients through calls or correspondence to remind them of their payment obligations, arranging appointments, processing payments, arranging payment terms, and researching a client's communication information such as cellphone number, address, or email. Moreover, a collections coordinator must maintain an active communication line with staff while promoting and enforcing the company's policies and regulations.

Accounts receivable analyst vs collections coordinator salary

Accounts receivable analysts and collections coordinators have different pay scales, as shown below.

	Accounts Receivable Analyst	Collections Coordinator
Average salary	$43,692	$37,938
Salary range	Between $33,000 And $57,000	Between $30,000 And $47,000
Highest paying City	Arlington, VA	New York, NY
Highest paying state	Connecticut	Connecticut
Best paying company	Pacific Investment Management Company LLC	University of California, Berkeley
Best paying industry	Hospitality	Professional

Differences between accounts receivable analyst and collections coordinator education

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

	Accounts Receivable Analyst	Collections Coordinator
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 48%
Most common major	Business	Business
Most common college	-	-

Accounts receivable analyst vs collections coordinator demographics

Here are the differences between accounts receivable analysts' and collections coordinators' demographics:

	Accounts Receivable Analyst	Collections Coordinator
Average age	46	46
Gender ratio	Male, 29.4% Female, 70.6%	Male, 26.6% Female, 73.4%
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, 12.1% Unknown, 4.1% Hispanic or Latino, 20.8% Asian, 3.6% White, 59.0% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between accounts receivable analyst and collections coordinator duties and responsibilities

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.

Collections coordinator example responsibilities.

Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
Manage accounts receivable/payment, insurance billing and follow-up for a solo physician clinic, and direct communication with patients regarding bills.
Audit outstanding accounts and resolve any balances including calling Medicare, Medicaid, government, private or commercial insurances.
Perform daily follow-up on Medicare, Medicaid, workers compensation and commercial insurances.
Hand illustrate fully render with marker and colore pencil sketches and Photoshop render drawings.
Submit insurance appeals and provider disputes when necessary.

Accounts receivable analyst vs collections coordinator skills

Common accounts receivable analyst skills

Customer Service, 13%
Reconciliations, 8%
Customer Accounts, 7%
Pivot Tables, 4%
Patients, 4%
Financial Reports, 4%

Common collections coordinator skills

Customer Service, 15%
Patients, 12%
Phone Calls, 6%
Collection Efforts, 4%
Delinquent Accounts, 4%
Appeals, 4%

Accounts Receivable Analyst vs. similar jobs

Accounts Receivable Analyst related careers

Accounts Receivable Analyst related jobs

What similar roles do

Zippia Careers
Office and Administrative Industry
Accounts Receivable Analyst
Accounts Receivable Analyst vs Collections Coordinator

Updated January 8, 2025

Browse office and administrative jobs