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The differences between accounts receivable assistants and accounts receivable specialists 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 specialist takes usually requires 6-12 months. Additionally, an accounts receivable specialist has an average salary of $39,873, 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 specialist are customer service, patients, and data entry.
| Accounts Receivable Assistant | Accounts Receivable Specialist | |
| Yearly salary | $36,730 | $39,873 |
| Hourly rate | $17.66 | $19.17 |
| Growth rate | -5% | -8% |
| Number of jobs | 31,748 | 61,988 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 45% |
| 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.
Accounts receivable specialists are members of the organization's finance or accounting department. They are responsible for managing the collection of payments for the company. They prepare official receipts and coordinate with account payable specialists from other companies with pending payables. They ensure that clients pay on time, and they also follow up on payments when necessary. They are responsible for checking whether the clients have already paid in full. Accounts receivable specialists are in charge of updating accounting records as well to ensure that client records are up to date.
Accounts receivable assistants and accounts receivable specialists have different pay scales, as shown below.
| Accounts Receivable Assistant | Accounts Receivable Specialist | |
| Average salary | $36,730 | $39,873 |
| Salary range | Between $29,000 And $46,000 | Between $31,000 And $50,000 |
| Highest paying City | Boston, MA | Washington, DC |
| Highest paying state | New York | Connecticut |
| Best paying company | University of California, Berkeley | InfosysPublicService |
| Best paying industry | Professional | Technology |
There are a few differences between an accounts receivable assistant and an accounts receivable specialist in terms of educational background:
| Accounts Receivable Assistant | Accounts Receivable Specialist | |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between accounts receivable assistants' and accounts receivable specialists' demographics:
| Accounts Receivable Assistant | Accounts Receivable Specialist | |
| Average age | 51 | 46 |
| Gender ratio | Male, 20.4% Female, 79.6% | Male, 18.2% Female, 81.8% |
| 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, 12.9% Unknown, 4.2% Hispanic or Latino, 19.0% Asian, 3.9% White, 59.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 8% |