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Collections assistant vs accounts receivable specialist

The differences between collections assistants and accounts receivable specialists 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 specialist. Additionally, an accounts receivable specialist has an average salary of $39,873, 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 specialist are customer service, patients, and data entry.

Collections assistant vs accounts receivable specialist overview

Collections AssistantAccounts Receivable Specialist
Yearly salary$38,063$39,873
Hourly rate$18.30$19.17
Growth rate-8%-8%
Number of jobs11,33561,988
Job satisfaction-4.5
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 45%
Average age4646
Years of experience1212

Collections assistant vs accounts receivable specialist salary

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

Collections AssistantAccounts Receivable Specialist
Average salary$38,063$39,873
Salary rangeBetween $29,000 And $48,000Between $31,000 And $50,000
Highest paying CityNew Haven, CTWashington, DC
Highest paying stateConnecticutConnecticut
Best paying companyCalvin KleinInfosysPublicService
Best paying industryHealth CareTechnology

Differences between collections assistant and accounts receivable specialist education

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

Collections AssistantAccounts Receivable Specialist
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common college--

Collections assistant vs accounts receivable specialist demographics

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

Collections AssistantAccounts Receivable Specialist
Average age4646
Gender ratioMale, 27.7% Female, 72.3%Male, 18.2% Female, 81.8%
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, 12.9% Unknown, 4.2% Hispanic or Latino, 19.0% Asian, 3.9% White, 59.6% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between collections assistant and accounts receivable specialist 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 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.
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Collections assistant vs accounts receivable specialist skills

Common collections assistant skills
  • Patients, 17%
  • Data Collection, 13%
  • Delinquent Accounts, 5%
  • Collection Calls, 5%
  • Collection Agencies, 5%
  • Medicaid, 4%
Common accounts receivable specialist skills
  • Customer Service, 15%
  • Patients, 9%
  • Data Entry, 5%
  • Credit Card Payments, 4%
  • Reconciliations, 4%
  • Accounts Receivables, 3%

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