Invoicing specialist vs accounts receivable analyst

The differences between invoicing specialists and accounts receivable analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an invoicing specialist, becoming an accounts receivable analyst takes usually requires 6-12 months. Additionally, an accounts receivable analyst has an average salary of $43,692, which is higher than the $37,166 average annual salary of an invoicing specialist.

The top three skills for an invoicing specialist include data entry, purchase orders and customer service. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Invoicing specialist vs accounts receivable analyst overview

	Invoicing Specialist	Accounts Receivable Analyst
Yearly salary	$37,166	$43,692
Hourly rate	$17.87	$21.01
Growth rate	-5%	-8%
Number of jobs	47,437	26,558
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 61%
Average age	51	46
Years of experience	6	12

What does an invoicing specialist do?

An invoicing specialist is primarily in charge of preparing and processing client bills. It is their responsibility to manage databases and payment systems, verify client information, list down the due amount and itemized account of goods and services, charge accurate tax, deduct discounts, and ensure copies of every invoice. They also arrange new client accounts, prepare receipts, keep an eye out for any errors or discrepancies, and assist clients by answering inquiries. Moreover, aside from processing invoices, they also perform various clerical support tasks such as handling calls and correspondence and organizing files.

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.

Invoicing specialist vs accounts receivable analyst salary

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

	Invoicing Specialist	Accounts Receivable Analyst
Average salary	$37,166	$43,692
Salary range	Between $29,000 And $46,000	Between $33,000 And $57,000
Highest paying City	Boston, MA	Arlington, VA
Highest paying state	Alaska	Connecticut
Best paying company	Baxter International	Pacific Investment Management Company LLC
Best paying industry	Technology	Hospitality

Differences between invoicing specialist and accounts receivable analyst education

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

	Invoicing Specialist	Accounts Receivable Analyst
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Invoicing specialist vs accounts receivable analyst demographics

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

	Invoicing Specialist	Accounts Receivable Analyst
Average age	51	46
Gender ratio	Male, 22.5% Female, 77.5%	Male, 29.4% Female, 70.6%
Race ratio	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%	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	7%	8%

Differences between invoicing specialist and accounts receivable analyst duties and responsibilities

Invoicing specialist example responsibilities.

Manage PO tracker in SharePoint adding the information including vendor name, PO number, amount and special instructions.
Ensure efficient sales order entry processes in CRM and ERP system to enable accurate order fulfillment.
Produce financial status reports using QuickBooks and ProStock.
Post total amounts and account numbers on forms process in ledgers log.
Answer phone calls from branches, employees and customers with questions about accounts, invoicing or payroll.
Act as purchasing agent for capitalize items, ensuring compliance with UW policy and maintenance of database.

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.

Invoicing specialist vs accounts receivable analyst skills

Common invoicing specialist skills

Data Entry, 16%
Purchase Orders, 8%
Customer Service, 5%
Invoice Management, 5%
Credit Memos, 5%
Vendor Invoices, 4%

Common accounts receivable analyst skills

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

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Invoicing Specialist
Invoicing Specialist vs Accounts Receivable Analyst

Updated January 8, 2025

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