Collector lead vs accounts receivable specialist

The differences between collector leads 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 collector lead and an accounts receivable specialist. Additionally, a collector lead has an average salary of $99,625, which is higher than the $39,873 average annual salary of an accounts receivable specialist.

The top three skills for a collector lead include customer service, collection calls and payment arrangements. The most important skills for an accounts receivable specialist are customer service, patients, and data entry.

Collector lead vs accounts receivable specialist overview

	Collector Lead	Accounts Receivable Specialist
Yearly salary	$99,625	$39,873
Hourly rate	$47.90	$19.17
Growth rate	-8%	-8%
Number of jobs	6,919	61,988
Job satisfaction	-	4.5
Most common degree	Bachelor's Degree, 39%	Bachelor's Degree, 45%
Average age	46	46
Years of experience	12	12

Collector lead vs accounts receivable specialist salary

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

	Collector Lead	Accounts Receivable Specialist
Average salary	$99,625	$39,873
Salary range	Between $63,000 And $155,000	Between $31,000 And $50,000
Highest paying City	San Francisco, CA	Washington, DC
Highest paying state	Connecticut	Connecticut
Best paying company	Accenture	InfosysPublicService
Best paying industry	-	Technology

Differences between collector lead and accounts receivable specialist education

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

	Collector Lead	Accounts Receivable Specialist
Most common degree	Bachelor's Degree, 39%	Bachelor's Degree, 45%
Most common major	Business	Business
Most common college	-	-

Collector lead vs accounts receivable specialist demographics

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

	Collector Lead	Accounts Receivable Specialist
Average age	46	46
Gender ratio	Male, 40.5% Female, 59.5%	Male, 18.2% Female, 81.8%
Race ratio	Black or African American, 11.7% Unknown, 4.1% Hispanic or Latino, 21.2% Asian, 3.7% White, 58.8% 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 Percentage	8%	8%

Differences between collector lead and accounts receivable specialist duties and responsibilities

Collector lead example responsibilities.

Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
Assist department manager in hiring & training new team members on company expectations & FDCPA laws.
Exceed monthly goals set by the client while following all guidelines with state laws and FDCPA.
Complete monthly A/R account reconciliations with minimal reconciling items requiring resolution.
Coordinate monthly inter-company A/R position with multiple operating units around the world.
Utilize communication and negotiation skills to understand the customer s specific situation and assist them with determining the best repayment solution.

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.

Collector lead vs accounts receivable specialist skills

Common collector lead skills

Customer Service, 16%
Collection Calls, 9%
Payment Arrangements, 7%
Credit Card Accounts, 6%
Delinquent Accounts, 6%
Outbound Calls, 5%

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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Office and Administrative Industry
Collector Lead
Collector Lead vs Accounts Receivable Specialist

Updated January 8, 2025

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