Post job

Accounts receivable assistant vs accounts receivable clerk

The differences between accounts receivable assistants and accounts receivable clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an accounts receivable assistant and an accounts receivable clerk. Additionally, an accounts receivable assistant has an average salary of $36,730, which is higher than the $36,425 average annual salary of an accounts receivable clerk.

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 clerk are customer service, data entry, and collection calls.

Accounts receivable assistant vs accounts receivable clerk overview

Accounts Receivable AssistantAccounts Receivable Clerk
Yearly salary$36,730$36,425
Hourly rate$17.66$17.51
Growth rate-5%-5%
Number of jobs31,74887,935
Job satisfaction--
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 36%
Average age5151
Years of experience66

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 clerk do?

An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.

Accounts receivable assistant vs accounts receivable clerk salary

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

Accounts Receivable AssistantAccounts Receivable Clerk
Average salary$36,730$36,425
Salary rangeBetween $29,000 And $46,000Between $29,000 And $45,000
Highest paying CityBoston, MABoston, MA
Highest paying stateNew YorkMassachusetts
Best paying companyUniversity of California, BerkeleyIBM
Best paying industryProfessionalFinance

Differences between accounts receivable assistant and accounts receivable clerk education

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

Accounts Receivable AssistantAccounts Receivable Clerk
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 36%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounts receivable assistant vs accounts receivable clerk demographics

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

Accounts Receivable AssistantAccounts Receivable Clerk
Average age5151
Gender ratioMale, 20.4% Female, 79.6%Male, 13.7% Female, 86.3%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between accounts receivable assistant and accounts receivable clerk 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.
  • Show more

Accounts receivable clerk example responsibilities.

  • Manage and monitor weekly bank deposit runs and record deposits into QuickBooks.
  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Obtain online reports of bank transactions, including deposits, ACH, EFT and wire payments from multiple banking institutions.
  • Utilize QuickBooks accounting software for billing/invoices, generate statements.
  • Perform necessary adjustments using knowledge of Medicare and all third party insurance.
  • Investigate and resolve any out-of-balances including credit card discrepancies / lockbox exceptions.
  • Show more

Accounts receivable assistant vs accounts receivable clerk 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 clerk skills
  • Customer Service, 12%
  • Data Entry, 9%
  • Collection Calls, 8%
  • Financial Data, 7%
  • Credit Card Payments, 5%
  • Process Payments, 5%

Browse office and administrative jobs