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Audit assistant vs accounts receivable assistant

The differences between audit assistants and accounts receivable assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an audit assistant and an accounts receivable assistant. Additionally, an audit assistant has an average salary of $58,744, which is higher than the $36,730 average annual salary of an accounts receivable assistant.

The top three skills for an audit assistant include audit reports, CPA and risk assessments. The most important skills for an accounts receivable assistant are customer service, data entry, and cash handling.

Audit assistant vs accounts receivable assistant overview

Audit AssistantAccounts Receivable Assistant
Yearly salary$58,744$36,730
Hourly rate$28.24$17.66
Growth rate-5%-5%
Number of jobs12,69231,748
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 44%
Average age5151
Years of experience66

What does an audit assistant do?

It is the job of an audit assistant to monitor and analyze the financial reports of a business enterprise. Audit assistants prepare the financial reports and ensure compliance with the tax regulations. They determine both the strengths and weaknesses of the finances of an organization. Their job includes checking the accuracy of accounting procedures and systems. They make a review, assessment, and recommendations for changes in business unit accounting systems and controls.

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.

Audit assistant vs accounts receivable assistant salary

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

Audit AssistantAccounts Receivable Assistant
Average salary$58,744$36,730
Salary rangeBetween $49,000 And $70,000Between $29,000 And $46,000
Highest paying CityBoston, MABoston, MA
Highest paying stateDelawareNew York
Best paying companyState StreetUniversity of California, Berkeley
Best paying industryTechnologyProfessional

Differences between audit assistant and accounts receivable assistant education

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

Audit AssistantAccounts Receivable Assistant
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 44%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Audit assistant vs accounts receivable assistant demographics

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

Audit AssistantAccounts Receivable Assistant
Average age5151
Gender ratioMale, 38.2% Female, 61.8%Male, 20.4% Female, 79.6%
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, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between audit assistant and accounts receivable assistant duties and responsibilities

Audit assistant example responsibilities.

  • Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
  • Communicate with health facility staff, consultants and CPA regarding the resolution of technical, accounting and conceptual errors.
  • Go on audit with team, work with clients collecting data they already have prepared and pass out to each CPA.
  • Submit payroll information on all associates bi-weekly.
  • Generate PowerPoint presentations as required for various staff members.
  • Participate in SOX compliance audit for an international medical manufacturing company.
  • Show more

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.
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Audit assistant vs accounts receivable assistant skills

Common audit assistant skills
  • Audit Reports, 30%
  • CPA, 11%
  • Risk Assessments, 8%
  • Audit Procedures, 6%
  • Analytical Review, 5%
  • Sarbanes-Oxley, 4%
Common accounts receivable assistant skills
  • Customer Service, 25%
  • Data Entry, 10%
  • Cash Handling, 7%
  • Financial Reports, 4%
  • Purchase Orders, 4%
  • Payroll, 4%

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