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Collections assistant vs accounts receivable analyst

The differences between collections assistants and accounts receivable analysts 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 assistant and an accounts receivable analyst. Additionally, an accounts receivable analyst has an average salary of $43,692, which is higher than the $38,063 average annual salary of a collections assistant.

The top three skills for a collections assistant include patients, data collection and delinquent accounts. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Collections assistant vs accounts receivable analyst overview

Collections AssistantAccounts Receivable Analyst
Yearly salary$38,063$43,692
Hourly rate$18.30$21.01
Growth rate-8%-8%
Number of jobs11,33526,558
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 61%
Average age4646
Years of experience1212

Collections assistant vs accounts receivable analyst salary

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

Collections AssistantAccounts Receivable Analyst
Average salary$38,063$43,692
Salary rangeBetween $29,000 And $48,000Between $33,000 And $57,000
Highest paying CityNew Haven, CTArlington, VA
Highest paying stateConnecticutConnecticut
Best paying companyCalvin KleinPacific Investment Management Company LLC
Best paying industryHealth CareHospitality

Differences between collections assistant and accounts receivable analyst education

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

Collections AssistantAccounts Receivable Analyst
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common college--

Collections assistant vs accounts receivable analyst demographics

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

Collections AssistantAccounts Receivable Analyst
Average age4646
Gender ratioMale, 27.7% Female, 72.3%Male, 29.4% Female, 70.6%
Race ratioBlack or African American, 12.4% Unknown, 4.2% Hispanic or Latino, 19.8% Asian, 3.9% White, 59.3% American Indian and Alaska Native, 0.5%Black or African American, 14.2% Unknown, 4.0% Hispanic or Latino, 18.7% Asian, 3.5% White, 59.1% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between collections assistant and accounts receivable analyst duties and responsibilities

Collections assistant example responsibilities.

  • Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
  • Maintain confidential donor records in accordance with HIPAA.
  • Adhere to FDCPA guidelines pertaining to all telephone contacts.
  • Submit claims to Medicare and Medicaid and third party commercial plans.
  • Assist customers in all areas regarding their accounts while complying with FDCPA regulations.
  • Promote employee safety and compliance of all government federal regulations including OSHA and HIPAA.
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Accounts receivable analyst example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Perform and analyze all accounts receivable duties, including proper application of cash, check, ACH, and wire transactions.
  • Forecast estimate check clearing, deposits, ACH activities and other variables in order to set guidelines for daily cash position.
  • Verify benefits and eligibility for new patients.
  • Determine medical benefits base on contractual agreements assuring benefits are applied correctly for patients during claims processing.
  • Code invoices, research customer information, perform detail reconciliations, analyze exceptions with customer information and billing.
  • Show more

Collections assistant vs accounts receivable analyst skills

Common collections assistant skills
  • Patients, 17%
  • Data Collection, 13%
  • Delinquent Accounts, 5%
  • Collection Calls, 5%
  • Collection Agencies, 5%
  • Medicaid, 4%
Common accounts receivable analyst skills
  • Customer Service, 13%
  • Reconciliations, 8%
  • Customer Accounts, 7%
  • Pivot Tables, 4%
  • Patients, 4%
  • Financial Reports, 4%

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