Post job

Bookkeeper vs accounts receivable specialist

The differences between bookkeepers 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 a bookkeeper, becoming an accounts receivable specialist takes usually requires 6-12 months. Additionally, a bookkeeper has an average salary of $40,337, which is higher than the $39,873 average annual salary of an accounts receivable specialist.

The top three skills for a bookkeeper include payroll tax returns, customer service and reconciliations. The most important skills for an accounts receivable specialist are customer service, patients, and data entry.

Bookkeeper vs accounts receivable specialist overview

BookkeeperAccounts Receivable Specialist
Yearly salary$40,337$39,873
Hourly rate$19.39$19.17
Growth rate-5%-8%
Number of jobs38,48161,988
Job satisfaction54.5
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 45%
Average age5146
Years of experience612

What does a bookkeeper do?

Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.

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.

Bookkeeper vs accounts receivable specialist salary

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

BookkeeperAccounts Receivable Specialist
Average salary$40,337$39,873
Salary rangeBetween $30,000 And $52,000Between $31,000 And $50,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateNew YorkConnecticut
Best paying companyNTT Data International L.L.C.InfosysPublicService
Best paying industryManufacturingTechnology

Differences between bookkeeper and accounts receivable specialist education

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

BookkeeperAccounts Receivable Specialist
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 45%
Most common majorAccountingBusiness
Most common collegeUniversity of Pennsylvania-

Bookkeeper vs accounts receivable specialist demographics

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

BookkeeperAccounts Receivable Specialist
Average age5146
Gender ratioMale, 15.4% Female, 84.6%Male, 18.2% Female, 81.8%
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, 12.9% Unknown, 4.2% Hispanic or Latino, 19.0% Asian, 3.9% White, 59.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between bookkeeper and accounts receivable specialist duties and responsibilities

Bookkeeper example responsibilities.

  • Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
  • Perform journal entries, balance ledger, perform bank reconciliations, control inventory, coordinate proper guest accommodation.
  • Post and update of daily sales and purchases into QuickBooks system.
  • Execute monthly collection of Medicaid surplus funds from clients on a monthly basis.
  • Post resident receipts, Medicaid remittance, and process adjusting entries to the A/R detail.
  • Work closely with QC personnel for the planning of tooling and the flow process of PWB's.
  • Show more

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

Bookkeeper vs accounts receivable specialist skills

Common bookkeeper skills
  • Payroll Tax Returns, 12%
  • Customer Service, 10%
  • Reconciliations, 10%
  • Data Entry, 7%
  • Journal Entries, 5%
  • Financial Transactions, 4%
Common accounts receivable specialist skills
  • Customer Service, 15%
  • Patients, 9%
  • Data Entry, 5%
  • Credit Card Payments, 4%
  • Reconciliations, 4%
  • Accounts Receivables, 3%

Browse office and administrative jobs