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Collections senior representative vs accounts receivable specialist

The differences between collections senior representatives 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 senior representative and an accounts receivable specialist. Additionally, a collections senior representative has an average salary of $47,814, which is higher than the $39,873 average annual salary of an accounts receivable specialist.

The top three skills for a collections senior representative include strong customer service, data entry and FDCPA. The most important skills for an accounts receivable specialist are customer service, patients, and data entry.

Collections senior representative vs accounts receivable specialist overview

Collections Senior RepresentativeAccounts Receivable Specialist
Yearly salary$47,814$39,873
Hourly rate$22.99$19.17
Growth rate-8%-8%
Number of jobs13,95061,988
Job satisfaction-4.5
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 45%
Average age4646
Years of experience1212

Collections senior representative vs accounts receivable specialist salary

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

Collections Senior RepresentativeAccounts Receivable Specialist
Average salary$47,814$39,873
Salary rangeBetween $34,000 And $67,000Between $31,000 And $50,000
Highest paying City-Washington, DC
Highest paying state-Connecticut
Best paying company-InfosysPublicService
Best paying industry-Technology

Differences between collections senior representative and accounts receivable specialist education

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

Collections Senior RepresentativeAccounts Receivable Specialist
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common college--

Collections senior representative vs accounts receivable specialist demographics

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

Collections Senior RepresentativeAccounts Receivable Specialist
Average age4646
Gender ratioMale, 37.3% Female, 62.7%Male, 18.2% Female, 81.8%
Race ratioBlack or African American, 12.5% Unknown, 4.0% Hispanic or Latino, 18.0% Asian, 3.6% White, 61.4% 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 senior representative and accounts receivable specialist duties and responsibilities

Collections senior representative example responsibilities.

  • Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
  • Avoid legal challenges by complying with the guidelines set forth in the FDCPA and company collection policies.
  • Track and contact responsible party's to secure payment of outstanding debts following FDCPA and HIPAA guidelines.
  • Integrate experimental ISR technologies to maximize intelligence collection and reduce work load on analysts and high demand low density collection assets.
  • Work with customers to research and resolve billing issues, including credit card declines and ACH returns and rejects.
  • Maintain collection portfolios on a daily basis to reduce DSO.
  • 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.
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Collections senior representative vs accounts receivable specialist skills

Common collections senior representative skills
  • Strong Customer Service, 11%
  • Data Entry, 10%
  • FDCPA, 7%
  • Collection Practices, 7%
  • Customer Service, 6%
  • Strong Negotiation, 6%
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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