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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 | Accounts Receivable Analyst | |
| Yearly salary | $36,730 | $43,692 |
| Hourly rate | $17.66 | $21.01 |
| Growth rate | -5% | -8% |
| Number of jobs | 31,748 | 26,558 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 61% |
| Average age | 51 | 46 |
| Years of experience | 6 | 12 |
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.
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 assistants and accounts receivable analysts have different pay scales, as shown below.
| Accounts Receivable Assistant | Accounts Receivable Analyst | |
| Average salary | $36,730 | $43,692 |
| Salary range | Between $29,000 And $46,000 | Between $33,000 And $57,000 |
| Highest paying City | Boston, MA | Arlington, VA |
| Highest paying state | New York | Connecticut |
| Best paying company | University of California, Berkeley | Pacific Investment Management Company LLC |
| Best paying industry | Professional | Hospitality |
There are a few differences between an accounts receivable assistant and an accounts receivable analyst in terms of educational background:
| Accounts Receivable Assistant | Accounts Receivable Analyst | |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between accounts receivable assistants' and accounts receivable analysts' demographics:
| Accounts Receivable Assistant | Accounts Receivable Analyst | |
| Average age | 51 | 46 |
| Gender ratio | Male, 20.4% Female, 79.6% | Male, 29.4% Female, 70.6% |
| Race ratio | Black 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 Percentage | 7% | 8% |