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Accounts receivable assistant vs accounts receivable analyst

The differences between accounts receivable assistants and accounts receivable analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounts receivable assistant, becoming an accounts receivable analyst takes usually requires 6-12 months. Additionally, an accounts receivable analyst has an average salary of $43,692, which is higher than the $36,730 average annual salary of an accounts receivable assistant.

The top three skills for an accounts receivable assistant include customer service, data entry and cash handling. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Accounts receivable assistant vs accounts receivable analyst overview

Accounts Receivable AssistantAccounts Receivable Analyst
Yearly salary$36,730$43,692
Hourly rate$17.66$21.01
Growth rate-5%-8%
Number of jobs31,74826,558
Job satisfaction--
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 61%
Average age5146
Years of experience612

What does an accounts receivable assistant do?

An accounts receivable assistant has a variety of duties and responsibilities, including securing revenue by verifying receipts, maintaining records by microfilming debits, credits, and invoices, and summarizing receivables by maintaining invoices and determining the validity of account discrepancies. Other duties include keeping information confidential to protect the organization's value, accomplishing the organization and accounting mission, and resolving valid and authorized deductions. As an accounts receivable assistant, you are also responsible for posting customer payments by recording credit card, cash, and check transactions.

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.

Accounts receivable assistant vs accounts receivable analyst salary

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

Accounts Receivable AssistantAccounts Receivable Analyst
Average salary$36,730$43,692
Salary rangeBetween $29,000 And $46,000Between $33,000 And $57,000
Highest paying CityBoston, MAArlington, VA
Highest paying stateNew YorkConnecticut
Best paying companyUniversity of California, BerkeleyPacific Investment Management Company LLC
Best paying industryProfessionalHospitality

Differences between accounts receivable assistant and accounts receivable analyst education

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

Accounts Receivable AssistantAccounts Receivable Analyst
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Accounts receivable assistant vs accounts receivable analyst demographics

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

Accounts Receivable AssistantAccounts Receivable Analyst
Average age5146
Gender ratioMale, 20.4% Female, 79.6%Male, 29.4% Female, 70.6%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%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%
LGBT Percentage7%8%

Differences between accounts receivable assistant and accounts receivable analyst duties and responsibilities

Accounts receivable assistant example responsibilities.

  • Reconcile bank deposit information with QuickBooks and manage all deposit files.
  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Post customer payments by recording ACH, checks, and credit card transactions.
  • Inventory control using IBM AS400 system.
  • Maintain invoicing in AS400 billing system, reviewing collection activities and reconciling accounts.
  • Take in and disburse payments from customers in forms of checks, credit cards, ACH, and portal payments.
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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.
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Accounts receivable assistant vs accounts receivable analyst skills

Common accounts receivable assistant skills
  • Customer Service, 25%
  • Data Entry, 10%
  • Cash Handling, 7%
  • Financial Reports, 4%
  • Purchase Orders, 4%
  • Payroll, 4%
Common accounts receivable analyst skills
  • Customer Service, 13%
  • Reconciliations, 8%
  • Customer Accounts, 7%
  • Pivot Tables, 4%
  • Patients, 4%
  • Financial Reports, 4%

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