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Accounts Receivable Specialist Vs Specialist

The differences between accounts receivable specialists and specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become an accounts receivable specialist, becoming a specialist takes usually requires 1-2 years. Additionally, a specialist has an average salary of $58,013, 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 specialist are patients, customer service, and work ethic.

Accounts receivable specialist vs specialist overview

Accounts Receivable SpecialistSpecialist
Yearly Salary$39,873$58,013
Hourly rate$19.17$27.89
Growth Rate-8%10%
Number Of Jobs61,988358,433
Job Satisfaction4.5-
Most Common DegreeBachelor's Degree, 45%Bachelor's Degree, 49%
Average Age4642
Years Of Experience122

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 specialist do?

Specialists are employees who are responsible for specific tasks or activities in the department they are assigned to. The actions or tasks they work on are related to their educational background or work experiences. They are usually highly skilled in specializations related to the work they are assigned to. Specialists are also highly trained on the competencies that are required of their specialty. As such, they are focused on the skills and competencies that are needed to enhance their experience in their specific field further.

Accounts receivable specialist vs specialist salary

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

Accounts Receivable SpecialistSpecialist
Average Salary$39,873$58,013
Salary RangeBetween $31,000 And $50,000Between $32,000 And $104,000
Highest Paying CityWashington, DCJersey City, NJ
Highest Paying StateConnecticutNew Jersey
Best Paying CompanyInfosysPublicServiceThe Citadel
Best Paying IndustryTechnology-

Differences between accounts receivable specialist and specialist education

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

Accounts Receivable SpecialistSpecialist
Most Common DegreeBachelor's Degree, 45%Bachelor's Degree, 49%
Most Common MajorBusinessBusiness
Most Common College-Stanford University

Accounts receivable specialist vs specialist demographics

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

Accounts Receivable SpecialistSpecialist
Average Age4642
Gender RatioMale, 18.2% Female, 81.8%Male, 47.5% Female, 52.5%
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, 11.4% Unknown, 5.4% Hispanic or Latino, 16.4% Asian, 10.5% White, 55.9% American Indian and Alaska Native, 0.4%
LGBT Percentage8%11%

Differences between accounts receivable specialist and specialist 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.
  • Show More

Specialist Example Responsibilities.

  • Create, manage, and assist users with SharePoint sites.
  • Manage an on-site IRB and company good clinical practice (GCP) inspection.
  • Manage SharePoint sites by creating, editing, and customizing company sites, libraries and security.
  • Manage the building of accounts, assigning of static IP's, and scheduling of business class installations.
  • Convert servers from UNIX to Linux, all hardware diagnostics and repair including printers/plotters/desktops etc.
  • Follow safety procedures such as maintenance of all equipment (Telxon scanners, terminals and ladders).
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Accounts receivable specialist vs specialist skills

Common Accounts Receivable Specialist Skills
  • Customer Service, 15%
  • Patients, 9%
  • Data Entry, 5%
  • Credit Card Payments, 4%
  • Reconciliations, 4%
  • Accounts Receivables, 3%
Common Specialist Skills
  • Patients, 15%
  • Customer Service, 11%
  • Work Ethic, 5%
  • Patient Care, 4%
  • Exceptional Client, 4%
  • Troubleshoot, 4%

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