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Accounts Receivable Specialist Vs Coordinator

The differences between accounts receivable specialists and coordinators 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 a coordinator. Additionally, a coordinator has an average salary of $41,599, 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 a coordinator are customer service, patients, and excellent organizational.

Accounts receivable specialist vs coordinator overview

Accounts Receivable SpecialistCoordinator
Yearly Salary$39,873$41,599
Hourly rate$19.17$20.00
Growth Rate-8%12%
Number Of Jobs61,988151,508
Job Satisfaction4.55
Most Common DegreeBachelor's Degree, 45%Bachelor's Degree, 57%
Average Age4643
Years Of Experience1212

What does an Accounts Receivable Specialist do?

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.

What does a coordinator do?

Coordinators are responsible for liaising between the department they are assigned to and any other external party. They oversee projects or agreements. They are in charge of following through negotiations between the two parties regarding work. They see through the conduct of such contracts by ensuring that all terms are amenable to both parties. They maintain records and other necessary data and paperwork. They also ensure that office policy and guidelines are being followed. Coordinators also ensure that all projects are completed efficiently and effectively.

Accounts receivable specialist vs coordinator salary

Accounts receivable specialists and coordinators have different pay scales, as shown below.

Accounts Receivable SpecialistCoordinator
Average Salary$39,873$41,599
Salary RangeBetween $31,000 And $50,000Between $27,000 And $61,000
Highest Paying CityWashington, DCSan Francisco, CA
Highest Paying StateConnecticutAlaska
Best Paying CompanyInfosysPublicServiceMeta
Best Paying IndustryTechnologyTechnology

Differences between accounts receivable specialist and coordinator education

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

Accounts Receivable SpecialistCoordinator
Most Common DegreeBachelor's Degree, 45%Bachelor's Degree, 57%
Most Common MajorBusinessBusiness
Most Common College-University of Southern California

Accounts receivable specialist vs coordinator demographics

Here are the differences between accounts receivable specialists' and coordinators' demographics:

Accounts Receivable SpecialistCoordinator
Average Age4643
Gender RatioMale, 18.2% Female, 81.8%Male, 36.3% Female, 63.7%
Race RatioBlack 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, 11.5% Unknown, 5.2% Hispanic or Latino, 20.9% Asian, 6.4% White, 53.9% American Indian and Alaska Native, 2.1%
LGBT Percentage8%11%

Differences between accounts receivable specialist and coordinator duties and responsibilities

Accounts Receivable Specialist Example Responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Perform accounts reconciliations, complex invoice research, statement reconciliations, complex invoice research, statement reconciliation and journal entries.
  • Follow company's standard operating procedures in cooperation with Medicare, Medicaid and private insurance providers to resolve billing issues.
  • Cash and credit allocation of customer payments in ROSS ERP system.
  • Prepare PowerPoint presentations, word documents, letters and spreadsheets while meeting deadlines.
  • Reconcile direct billing accounts and adjust product pricing utilizing JD Edwards EnterpriseONE ERP system.
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Coordinator Example Responsibilities.

  • Conduct kaizen blitz in the machine shop that achieve higher productivity and efficiency gains.
  • Manage documented records of meetings and contact with Pre-K teachers to discuss relevant information concerning children and families.
  • Manage and coordinate the workload of the release team members and are responsible for organizing and hosting all production release windows.
  • Manage IDT roster and participate in interdisciplinary team meetings.
  • Provide leadership development opportunities for youth and lead community events and activities for the community.
  • Facilitate development of veterans individual rehabilitation plans, which provide purpose, organization and empowerment to achieve life goals.
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Accounts receivable specialist vs coordinator skills

Common Accounts Receivable Specialist Skills
  • Customer Service, 15%
  • Patients, 9%
  • Data Entry, 5%
  • Credit Card Payments, 4%
  • Reconciliations, 4%
  • Accounts Receivables, 3%
Common Coordinator Skills
  • Customer Service, 21%
  • Patients, 10%
  • Excellent Organizational, 7%
  • Data Entry, 5%
  • Excellent Guest, 5%
  • Coordinators, 4%

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