Collector of internal revenue vs accounts receivable specialist

The differences between collectors of internal revenue 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 of internal revenue and an accounts receivable specialist. Additionally, an accounts receivable specialist has an average salary of $39,873, which is higher than the $36,264 average annual salary of a collector of internal revenue.

The top three skills for a collector of internal revenue include payment arrangements, legal guidelines and due payments. The most important skills for an accounts receivable specialist are customer service, patients, and data entry.

Collector of internal revenue vs accounts receivable specialist overview

	Collector Of Internal Revenue	Accounts Receivable Specialist
Yearly salary	$36,264	$39,873
Hourly rate	$17.43	$19.17
Growth rate	-8%	-8%
Number of jobs	13,935	61,988
Job satisfaction	-	4.5
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 45%
Average age	46	46
Years of experience	12	12

Collector of internal revenue vs accounts receivable specialist salary

Collectors of internal revenue and accounts receivable specialists have different pay scales, as shown below.

	Collector Of Internal Revenue	Accounts Receivable Specialist
Average salary	$36,264	$39,873
Salary range	Between $29,000 And $45,000	Between $31,000 And $50,000
Highest paying City	-	Washington, DC
Highest paying state	-	Connecticut
Best paying company	-	InfosysPublicService
Best paying industry	-	Technology

Differences between collector of internal revenue and accounts receivable specialist education

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

	Collector Of Internal Revenue	Accounts Receivable Specialist
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 45%
Most common major	Business	Business
Most common college	-	-

Collector of internal revenue vs accounts receivable specialist demographics

Here are the differences between collectors of internal revenue' and accounts receivable specialists' demographics:

	Collector Of Internal Revenue	Accounts Receivable Specialist
Average age	46	46
Gender ratio	Male, 42.4% Female, 57.6%	Male, 18.2% Female, 81.8%
Race ratio	Black or African American, 14.8% Unknown, 3.5% Hispanic or Latino, 16.7% Asian, 2.6% White, 61.9% 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 of internal revenue and accounts receivable specialist duties and responsibilities

Collector of internal revenue example responsibilities.

Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Disconnect and restore cable services.
Follow strict guidelines incorporate by FDCPA.
Integrate FDCPA regulations and guidelines in every call.
Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Secure modification documents including HAMP and bank require documents.

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 of internal revenue vs accounts receivable specialist skills

Common collector of internal revenue skills

Payment Arrangements, 44%
Legal Guidelines, 33%
Due Payments, 19%
Past Due Accounts, 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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Collector Of Internal Revenue
Collector Of Internal Revenue vs Accounts Receivable Specialist

Updated January 8, 2025

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