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The differences between accounts receivable specialists and account specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both an accounts receivable specialist and an account specialist. Additionally, an account specialist has an average salary of $42,586, which is higher than the $39,873 average annual salary of an accounts receivable specialist.
The top three skills for an accounts receivable specialist include customer service, patients and data entry. The most important skills for an account specialist are customer service, patients, and account management.
| Accounts Receivable Specialist | Account Specialist | |
| Yearly salary | $39,873 | $42,586 |
| Hourly rate | $19.17 | $20.47 |
| Growth rate | -8% | -8% |
| Number of jobs | 61,988 | 116,010 |
| Job satisfaction | 4.5 | - |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 54% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
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.
An account specialist is responsible for reaching out to customers or potential clients through calls, emails, and other forms of correspondence to secure sales and strengthen business relations. An account specialist may also perform other tasks such as arranging appointment schedules with clients, providing price quotes and responding to further inquiries, process orders, generating sales leads, and handling complaints and resolving issues. Furthermore, an account specialist may also be involved in developing strategies, finding new opportunities, producing and completing necessary documents, and preparing reports, all in adherence to the company's policies and regulations.
Accounts receivable specialists and account specialists have different pay scales, as shown below.
| Accounts Receivable Specialist | Account Specialist | |
| Average salary | $39,873 | $42,586 |
| Salary range | Between $31,000 And $50,000 | Between $28,000 And $62,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Connecticut | Virginia |
| Best paying company | InfosysPublicService | Microsoft |
| Best paying industry | Technology | Finance |
There are a few differences between an accounts receivable specialist and an account specialist in terms of educational background:
| Accounts Receivable Specialist | Account Specialist | |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between accounts receivable specialists' and account specialists' demographics:
| Accounts Receivable Specialist | Account Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 18.2% Female, 81.8% | Male, 32.2% Female, 67.8% |
| Race ratio | 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% | Black or African American, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |