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Receivables specialist vs accounts receivable analyst

The differences between receivables specialists and accounts receivable analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a receivables specialist and an accounts receivable analyst. Additionally, an accounts receivable analyst has an average salary of $43,692, which is higher than the $34,705 average annual salary of a receivables specialist.

The top three skills for a receivables specialist include customer service, shipping receiving and sales floor. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Receivables specialist vs accounts receivable analyst overview

Receivables SpecialistAccounts Receivable Analyst
Yearly salary$34,705$43,692
Hourly rate$16.69$21.01
Growth rate-3%-8%
Number of jobs179,06226,558
Job satisfaction--
Most common degreeBachelor's Degree, 33%Bachelor's Degree, 61%
Average age4346
Years of experience1212

What does a receivables specialist do?

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.

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.

Receivables specialist vs accounts receivable analyst salary

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

Receivables SpecialistAccounts Receivable Analyst
Average salary$34,705$43,692
Salary rangeBetween $28,000 And $42,000Between $33,000 And $57,000
Highest paying CitySeattle, WAArlington, VA
Highest paying stateWashingtonConnecticut
Best paying companyAtriCurePacific Investment Management Company LLC
Best paying industryAutomotiveHospitality

Differences between receivables specialist and accounts receivable analyst education

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

Receivables SpecialistAccounts Receivable Analyst
Most common degreeBachelor's Degree, 33%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common college--

Receivables specialist vs accounts receivable analyst demographics

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

Receivables SpecialistAccounts Receivable Analyst
Average age4346
Gender ratioMale, 66.2% Female, 33.8%Male, 29.4% Female, 70.6%
Race ratioBlack 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%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 Percentage6%8%

Differences between receivables specialist and accounts receivable analyst duties and responsibilities

Receivables specialist example responsibilities.

  • Prepare all incoming shipments from FedEx for the repair process.
  • Document date, temperature, quantity, and damage count into RF system.
  • Position require the use of RF scanners, on board LMF systems, and electronic manifest reports.
  • Post the weight and shipping charges, and affix the proper shipping label to all packages send by FedEx.
  • Hand-delivered personal and business-relate packages and USPS mail.
  • Perform forklift operations to load pallets onto delivery vehicles.
  • Show more

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.
  • Show more

Receivables specialist vs accounts receivable analyst skills

Common receivables specialist skills
  • Customer Service, 23%
  • Shipping Receiving, 12%
  • Sales Floor, 9%
  • Customer Orders, 6%
  • Data Entry, 5%
  • Logistics, 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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