Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between inventory control specialists and receivables specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a receivables specialist has an average salary of $34,705, which is higher than the $34,507 average annual salary of an inventory control specialist.
The top three skills for an inventory control specialist include customer service, inventory control procedures and work ethic. The most important skills for a receivables specialist are customer service, shipping receiving, and sales floor.
| Inventory Control Specialist | Receivables Specialist | |
| Yearly salary | $34,507 | $34,705 |
| Hourly rate | $16.59 | $16.69 |
| Growth rate | 1% | -3% |
| Number of jobs | 107,710 | 179,062 |
| Job satisfaction | - | - |
| Most common degree | High School Diploma, 31% | Bachelor's Degree, 33% |
| Average age | 38 | 43 |
| Years of experience | - | 12 |
Inventory control specialist ensures company inventory is accurate in all levels to increase the company's profitability. The specialist should maintain stable stocks and should manage the procurement of inventories. He/She or she is responsible for managing the flow of inventory in and out together with the shipment, package, and the storage activities then record them accurately for audits and reporting to the management. Specialists are often employed by various industries. They usually work in warehouses or in local retail locations.
A receivables specialist is in charge of overseeing and processing account receivables, ensuring accuracy and timeliness. They typically perform bookkeeping tasks, update records and databases, reconcile accounts, and develop strategies to optimize collection procedures. They must also maintain streamlined and organized systems, addressing any issues and resolving them promptly and efficiently while adhering to the company's policies and regulations. Moreover, a receivables specialist must maintain an active communication line with staff for a smooth and efficient workflow.
Inventory control specialists and receivables specialists have different pay scales, as shown below.
| Inventory Control Specialist | Receivables Specialist | |
| Average salary | $34,507 | $34,705 |
| Salary range | Between $23,000 And $51,000 | Between $28,000 And $42,000 |
| Highest paying City | Philadelphia, PA | Seattle, WA |
| Highest paying state | Massachusetts | Washington |
| Best paying company | JPMorgan Chase & Co. | AtriCure |
| Best paying industry | Technology | Automotive |
There are a few differences between an inventory control specialist and a receivables specialist in terms of educational background:
| Inventory Control Specialist | Receivables Specialist | |
| Most common degree | High School Diploma, 31% | Bachelor's Degree, 33% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between inventory control specialists' and receivables specialists' demographics:
| Inventory Control Specialist | Receivables Specialist | |
| Average age | 38 | 43 |
| Gender ratio | Male, 63.2% Female, 36.8% | Male, 66.2% Female, 33.8% |
| Race ratio | Black or African American, 9.8% Unknown, 5.5% Hispanic or Latino, 19.0% Asian, 7.0% White, 57.8% American Indian and Alaska Native, 0.9% | Black or African American, 10.7% Unknown, 4.2% Hispanic or Latino, 19.2% Asian, 7.6% White, 57.5% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 6% | 6% |