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Accounts receivable analyst vs specialist

The differences between accounts receivable analysts and specialists 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 a specialist takes usually requires 1-2 years. Additionally, a specialist has an average salary of $58,013, 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 a specialist are patients, customer service, and work ethic.

Accounts receivable analyst vs specialist overview

Accounts Receivable AnalystSpecialist
Yearly salary$43,692$58,013
Hourly rate$21.01$27.89
Growth rate-8%10%
Number of jobs26,558358,433
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 49%
Average age4642
Years of experience122

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 specialist do?

Specialists are employees who are responsible for specific tasks or activities in the department they are assigned to. The actions or tasks they work on are related to their educational background or work experiences. They are usually highly skilled in specializations related to the work they are assigned to. Specialists are also highly trained on the competencies that are required of their specialty. As such, they are focused on the skills and competencies that are needed to enhance their experience in their specific field further.

Accounts receivable analyst vs specialist salary

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

Accounts Receivable AnalystSpecialist
Average salary$43,692$58,013
Salary rangeBetween $33,000 And $57,000Between $32,000 And $104,000
Highest paying CityArlington, VAJersey City, NJ
Highest paying stateConnecticutNew Jersey
Best paying companyPacific Investment Management Company LLCThe Citadel
Best paying industryHospitality-

Differences between accounts receivable analyst and specialist education

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

Accounts Receivable AnalystSpecialist
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 49%
Most common majorBusinessBusiness
Most common college-Stanford University

Accounts receivable analyst vs specialist demographics

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

Accounts Receivable AnalystSpecialist
Average age4642
Gender ratioMale, 29.4% Female, 70.6%Male, 47.5% Female, 52.5%
Race ratioBlack 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, 11.4% Unknown, 5.4% Hispanic or Latino, 16.4% Asian, 10.5% White, 55.9% American Indian and Alaska Native, 0.4%
LGBT Percentage8%11%

Differences between accounts receivable analyst and specialist 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.
  • Show more

Specialist example responsibilities.

  • Create, manage, and assist users with SharePoint sites.
  • Manage an on-site IRB and company good clinical practice (GCP) inspection.
  • Manage SharePoint sites by creating, editing, and customizing company sites, libraries and security.
  • Manage the building of accounts, assigning of static IP's, and scheduling of business class installations.
  • Convert servers from UNIX to Linux, all hardware diagnostics and repair including printers/plotters/desktops etc.
  • Follow safety procedures such as maintenance of all equipment (Telxon scanners, terminals and ladders).
  • Show more

Accounts receivable analyst vs specialist skills

Common accounts receivable analyst skills
  • Customer Service, 13%
  • Reconciliations, 8%
  • Customer Accounts, 7%
  • Pivot Tables, 4%
  • Patients, 4%
  • Financial Reports, 4%
Common specialist skills
  • Patients, 15%
  • Customer Service, 11%
  • Work Ethic, 5%
  • Patient Care, 4%
  • Exceptional Client, 4%
  • Troubleshoot, 4%

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