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Collections/accounts receivable vs accounts receivable supervisor

The differences between collections/accounts receivables and accounts receivable supervisors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a collections/accounts receivable and an accounts receivable supervisor. Additionally, an accounts receivable supervisor has an average salary of $59,005, which is higher than the $38,949 average annual salary of a collections/accounts receivable.

The top three skills for a collections/accounts receivable include customer service, patients and delinquent accounts. The most important skills for an accounts receivable supervisor are customer service, patients, and reconciliations.

Collections/accounts receivable vs accounts receivable supervisor overview

Collections/Accounts ReceivableAccounts Receivable Supervisor
Yearly salary$38,949$59,005
Hourly rate$18.73$28.37
Growth rate-8%-8%
Number of jobs30,52322,338
Job satisfaction--
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 55%
Average age4646
Years of experience1212

What does a collections/accounts receivable do?

An officer for collections/accounts receivable is in charge of a company's financial activities, ensuring that they receive payment from clients. They primarily focus on overseeing all billing and invoices, processing and verifying all receipts and rendered services, maintaining an accurate record of all transactions, producing reports and presentations, reviewing account and payment histories, and ensuring the accuracy of all processes involving the matter. Furthermore, should there be any complex issues, it is essential to reach out to a manager or a supervisor right away.

What does an accounts receivable supervisor do?

An accounts receivable supervisor is responsible for overseeing the operations and activities related to an organization's accounts receivable. Your duties will vary and typically includes processing invoices and following-up on payments, maintaining cash receipts, and resolving payment issues on time. In addition, an accounts receivable supervisor will be responsible for updating and maintaining accurate financial records and ledgers, keeping information confidential to protect the organization's value, and accomplishing accounting and organizational mission by completing relevant results.

Collections/accounts receivable vs accounts receivable supervisor salary

Collections/accounts receivables and accounts receivable supervisors have different pay scales, as shown below.

Collections/Accounts ReceivableAccounts Receivable Supervisor
Average salary$38,949$59,005
Salary rangeBetween $30,000 And $49,000Between $43,000 And $79,000
Highest paying CityBoston, MAManassas, VA
Highest paying stateConnecticutVirginia
Best paying companyApollo Global ManagementF5
Best paying industryFinanceTechnology

Differences between collections/accounts receivable and accounts receivable supervisor education

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

Collections/Accounts ReceivableAccounts Receivable Supervisor
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common college--

Collections/accounts receivable vs accounts receivable supervisor demographics

Here are the differences between collections/accounts receivables' and accounts receivable supervisors' demographics:

Collections/Accounts ReceivableAccounts Receivable Supervisor
Average age4646
Gender ratioMale, 25.3% Female, 74.7%Male, 24.7% Female, 75.3%
Race ratioBlack or African American, 12.0% Unknown, 4.1% Hispanic or Latino, 20.1% Asian, 3.8% White, 59.4% American Indian and Alaska Native, 0.5%Black or African American, 13.1% Unknown, 4.1% Hispanic or Latino, 18.9% Asian, 3.8% White, 59.5% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between collections/accounts receivable and accounts receivable supervisor duties and responsibilities

Collections/accounts receivable example responsibilities.

  • Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
  • Work accounts receivable for Medicaid verification and payments.
  • Work remittance advice from Medicaid ensuring accuracy of payments.
  • Research and obtain extensive knowledge of FDCPA debt recovery laws and assist in recovering commercial debt from organizations.
  • Communicate effectively with patients, physicians, hospital staff, and insurance representatives to ensure accuracy in claims processing.
  • Review claims to determine if process correctly and if necessary, direct patients to contact insurance companies regarding additional benefit questions.
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Accounts receivable supervisor example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Enter all tickets including demographic information as well as coding tickets with proper CPT and ICD9 codes.
  • Remain current with all medical billing coding for ICD-9, CPT, revenue codes, and HCPC's.
  • Post cash to A/R or G/L accounts (including physical checks, credit card charges and ACH deposits).
  • Create billing codes for new accounts, set up possible ACH payment and bill out invoices on web base system.
  • Assist with company acquisitions and attend Nevada Medicaid conferences.
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Collections/accounts receivable vs accounts receivable supervisor skills

Common collections/accounts receivable skills
  • Customer Service, 21%
  • Patients, 6%
  • Delinquent Accounts, 5%
  • Credit Card Payments, 5%
  • Past Due Accounts, 5%
  • Customer Accounts, 5%
Common accounts receivable supervisor skills
  • Customer Service, 13%
  • Patients, 6%
  • Reconciliations, 5%
  • Financial Statements, 4%
  • Data Entry, 4%
  • Cash Application, 3%

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