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Revenue auditor vs accounts receivable specialist

The differences between revenue auditors and accounts receivable specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a revenue auditor has an average salary of $41,905, which is higher than the $39,873 average annual salary of an accounts receivable specialist.

The top three skills for a revenue auditor include revenue audit, CPT and audit procedures. The most important skills for an accounts receivable specialist are customer service, patients, and data entry.

Revenue auditor vs accounts receivable specialist overview

Revenue AuditorAccounts Receivable Specialist
Yearly salary$41,905$39,873
Hourly rate$20.15$19.17
Growth rate6%-8%
Number of jobs21,64361,988
Job satisfaction-4.5
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 45%
Average age4446
Years of experience-12

What does a revenue auditor do?

A revenue auditor reads through the organization's finances and records revenue derived from the sale of goods and services. They then create reports indicating all their calculations and recommendations to ensure the organization runs effectively and makes a profit. Their duties and responsibilities include preparing a detailed report on the organization's finances and offering recommendations. Auditors also report cases of fraud or misuse of funds.

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.

Revenue auditor vs accounts receivable specialist salary

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

Revenue AuditorAccounts Receivable Specialist
Average salary$41,905$39,873
Salary rangeBetween $26,000 And $66,000Between $31,000 And $50,000
Highest paying CityOlympia, WAWashington, DC
Highest paying stateWashingtonConnecticut
Best paying companyHuntington HospitalInfosysPublicService
Best paying industryRetailTechnology

Differences between revenue auditor and accounts receivable specialist education

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

Revenue AuditorAccounts Receivable Specialist
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 45%
Most common majorAccountingBusiness
Most common collegeUniversity of Pennsylvania-

Revenue auditor vs accounts receivable specialist demographics

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

Revenue AuditorAccounts Receivable Specialist
Average age4446
Gender ratioMale, 39.4% Female, 60.6%Male, 18.2% Female, 81.8%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%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 revenue auditor and accounts receivable specialist duties and responsibilities

Revenue auditor example responsibilities.

  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Respond both written and oral to taxpayer's appeals regardingadjustments and assessments to their income tax returns and/or estimate tax accounts.
  • Work with revenue integrity, case management, and coding to ensure proper billing and appeals.
  • Perform audits on hospitals participating in Medicaid program to ensure the hospitals are reimburse properly for services render to Medicaid beneficiaries.
  • Develop user documentation, including SAAS reference manuals and training material.

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

Revenue auditor vs accounts receivable specialist skills

Common revenue auditor skills
  • Revenue Audit, 19%
  • CPT, 7%
  • Audit Procedures, 5%
  • Data Entry, 5%
  • Appeals, 4%
  • Financial Statements, 4%
Common accounts receivable specialist skills
  • Customer Service, 15%
  • Patients, 9%
  • Data Entry, 5%
  • Credit Card Payments, 4%
  • Reconciliations, 4%
  • Accounts Receivables, 3%

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