Credit analyst vs accounts receivable analyst

The differences between credit analysts and accounts receivable analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a credit analyst, becoming an accounts receivable analyst takes usually requires 6-12 months. Additionally, a credit analyst has an average salary of $61,422, which is higher than the $43,692 average annual salary of an accounts receivable analyst.

The top three skills for a credit analyst include customer service, credit analysis and customer accounts. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Credit analyst vs accounts receivable analyst overview

	Credit Analyst	Accounts Receivable Analyst
Yearly salary	$61,422	$43,692
Hourly rate	$29.53	$21.01
Growth rate	-5%	-8%
Number of jobs	16,406	26,558
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 61%
Average age	39	46
Years of experience	2	12

What does a credit analyst do?

A credit analyst's role is to assess and determine a client's capacity to uphold financial obligations when applying for loans or credit programs. Working for creditors like banks and lending firms, a credit analyst must interpret and analyze financial data and personal records, identify inconsistencies and risks, and verify necessary documentation in support of loan committees. Furthermore, a credit analyst must also perform administrative tasks such as preparing reports and applications, fulfilling document requests, reaching out to clients, and coordinating with colleagues to assure accuracy in all operations.

What does an accounts receivable analyst do?

An Accounts Receivable Analyst provides accounts receivable support through monitoring all aspects of the collection of outstanding debts owed to a company. They check missing and unresolved payment issues, monitor overdue accounts, and prepare statements for managers.

Credit analyst vs accounts receivable analyst salary

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

	Credit Analyst	Accounts Receivable Analyst
Average salary	$61,422	$43,692
Salary range	Between $40,000 And $93,000	Between $33,000 And $57,000
Highest paying City	New York, NY	Arlington, VA
Highest paying state	New York	Connecticut
Best paying company	Apollo Global Management	Pacific Investment Management Company LLC
Best paying industry	Finance	Hospitality

Differences between credit analyst and accounts receivable analyst education

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

	Credit Analyst	Accounts Receivable Analyst
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Credit analyst vs accounts receivable analyst demographics

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

	Credit Analyst	Accounts Receivable Analyst
Average age	39	46
Gender ratio	Male, 44.2% Female, 55.8%	Male, 29.4% Female, 70.6%
Race ratio	Black or African American, 7.7% Unknown, 2.6% Hispanic or Latino, 9.5% Asian, 10.5% White, 69.4% American Indian and Alaska Native, 0.3%	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 Percentage	11%	8%

Differences between credit analyst and accounts receivable analyst duties and responsibilities

Credit analyst example responsibilities.

Provide treasury with funding requirements to maximize LIBOR rate advantage.
Manage a team to help facilitate efficient loan origination, underwriting and closing.
Lead a presentation to the FHA quantitative team by using multiple data visualization techniques.
Manage A/R transactions, prepare weekly account reconciliation's, perform research/ adjustments on A/P and A/R discrepancy accounts.
Utilize data manipulation and quantitative analysis using VBA macros, SQL and advance excel knowledge to manage credit risk exposure.
Manage accounting operations, accounting close, account reporting and reconciliations.

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.

Credit analyst vs accounts receivable analyst skills

Common credit analyst skills

Customer Service, 12%
Credit Analysis, 7%
Customer Accounts, 4%
Real Estate, 4%
Credit Risk, 4%
Strong Analytical, 4%

Common accounts receivable analyst skills

Customer Service, 13%
Reconciliations, 8%
Customer Accounts, 7%
Pivot Tables, 4%
Patients, 4%
Financial Reports, 4%

Credit Analyst vs. similar jobs

Credit Analyst related careers

Credit Analyst related jobs

Credit Analyst jobs by location

Zippia Careers
Business and Financial Industry
Credit Analyst
Credit Analyst vs Accounts Receivable Analyst

Updated January 8, 2025

Browse business and financial jobs