Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between inventory controllers and receivables specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, an inventory controller has an average salary of $36,911, which is higher than the $34,705 average annual salary of a receivables specialist.
The top three skills for an inventory controller include inventory control, customer service and data entry. The most important skills for a receivables specialist are customer service, shipping receiving, and sales floor.
| Inventory Controller | Receivables Specialist | |
| Yearly salary | $36,911 | $34,705 |
| Hourly rate | $17.75 | $16.69 |
| Growth rate | 1% | -3% |
| Number of jobs | 140,496 | 179,062 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 34% | Bachelor's Degree, 33% |
| Average age | 38 | 43 |
| Years of experience | - | 12 |
An inventory controller is responsible for performing duties for the inventory department of an organization. Inventory controllers ensure the adequacy of the product and materials needed for daily operations. They maintain inventory reports, manage stock supplies, negotiate with third-party vendors for orders of quality products, monitor deliveries, verifying orders for shipment, handling the employee and customers' requests for supplies, and receiving orders efficiently. Inventory controllers keep receipts of all inventory transactions, as well as inspecting the quality of the inventory items, requiring them to have excellent analytical and critical-thinking skills.
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 controllers and receivables specialists have different pay scales, as shown below.
| Inventory Controller | Receivables Specialist | |
| Average salary | $36,911 | $34,705 |
| Salary range | Between $28,000 And $48,000 | Between $28,000 And $42,000 |
| Highest paying City | Everett, MA | Seattle, WA |
| Highest paying state | Massachusetts | Washington |
| Best paying company | General Dynamics Mission Systems | AtriCure |
| Best paying industry | Technology | Automotive |
There are a few differences between an inventory controller and a receivables specialist in terms of educational background:
| Inventory Controller | Receivables Specialist | |
| Most common degree | Bachelor's Degree, 34% | Bachelor's Degree, 33% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between inventory controllers' and receivables specialists' demographics:
| Inventory Controller | Receivables Specialist | |
| Average age | 38 | 43 |
| Gender ratio | Male, 59.4% Female, 40.6% | Male, 66.2% Female, 33.8% |
| Race ratio | Black or African American, 9.8% Unknown, 5.7% Hispanic or Latino, 20.8% Asian, 6.7% White, 56.0% American Indian and Alaska Native, 1.0% | 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% |