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The differences between receivables specialists and accounts receivable specialists 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 specialist. Additionally, an accounts receivable specialist has an average salary of $39,873, 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 specialist are customer service, patients, and data entry.
| Receivables Specialist | Accounts Receivable Specialist | |
| Yearly salary | $34,705 | $39,873 |
| Hourly rate | $16.69 | $19.17 |
| Growth rate | -3% | -8% |
| Number of jobs | 179,062 | 61,988 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 33% | Bachelor's Degree, 45% |
| Average age | 43 | 46 |
| Years of experience | 12 | 12 |
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.
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.
Receivables specialists and accounts receivable specialists have different pay scales, as shown below.
| Receivables Specialist | Accounts Receivable Specialist | |
| Average salary | $34,705 | $39,873 |
| Salary range | Between $28,000 And $42,000 | Between $31,000 And $50,000 |
| Highest paying City | Seattle, WA | Washington, DC |
| Highest paying state | Washington | Connecticut |
| Best paying company | AtriCure | InfosysPublicService |
| Best paying industry | Automotive | Technology |
There are a few differences between a receivables specialist and an accounts receivable specialist in terms of educational background:
| Receivables Specialist | Accounts Receivable Specialist | |
| Most common degree | Bachelor's Degree, 33% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between receivables specialists' and accounts receivable specialists' demographics:
| Receivables Specialist | Accounts Receivable Specialist | |
| Average age | 43 | 46 |
| Gender ratio | Male, 66.2% Female, 33.8% | Male, 18.2% Female, 81.8% |
| Race ratio | 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% | 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 Percentage | 6% | 8% |