Post job

Invoicing specialist vs accounts receivable specialist

The differences between invoicing specialists and accounts receivable specialists 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 specialist takes usually requires 6-12 months. Additionally, an accounts receivable specialist has an average salary of $39,873, 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 specialist are customer service, patients, and data entry.

Invoicing specialist vs accounts receivable specialist overview

Invoicing SpecialistAccounts Receivable Specialist
Yearly salary$37,166$39,873
Hourly rate$17.87$19.17
Growth rate-5%-8%
Number of jobs47,43761,988
Job satisfaction-4.5
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 45%
Average age5146
Years of experience612

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 specialist do?

Accounts receivable specialists are members of the organization's finance or accounting department. They are responsible for managing the collection of payments for the company. They prepare official receipts and coordinate with account payable specialists from other companies with pending payables. They ensure that clients pay on time, and they also follow up on payments when necessary. They are responsible for checking whether the clients have already paid in full. Accounts receivable specialists are in charge of updating accounting records as well to ensure that client records are up to date.

Invoicing specialist vs accounts receivable specialist salary

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

Invoicing SpecialistAccounts Receivable Specialist
Average salary$37,166$39,873
Salary rangeBetween $29,000 And $46,000Between $31,000 And $50,000
Highest paying CityBoston, MAWashington, DC
Highest paying stateAlaskaConnecticut
Best paying companyBaxter InternationalInfosysPublicService
Best paying industryTechnologyTechnology

Differences between invoicing specialist and accounts receivable specialist education

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

Invoicing SpecialistAccounts Receivable Specialist
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Invoicing specialist vs accounts receivable specialist demographics

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

Invoicing SpecialistAccounts Receivable Specialist
Average age5146
Gender ratioMale, 22.5% Female, 77.5%Male, 18.2% Female, 81.8%
Race ratioBlack 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, 12.9% Unknown, 4.2% Hispanic or Latino, 19.0% Asian, 3.9% White, 59.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between invoicing specialist and accounts receivable specialist 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.
  • Show more

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.
  • Show more

Invoicing specialist vs accounts receivable specialist 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 specialist skills
  • Customer Service, 15%
  • Patients, 9%
  • Data Entry, 5%
  • Credit Card Payments, 4%
  • Reconciliations, 4%
  • Accounts Receivables, 3%

Browse office and administrative jobs