Senior accounts receivable analyst vs accounts receivable analyst

The differences between senior accounts receivable analysts 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 a senior accounts receivable analyst, becoming an accounts receivable analyst takes usually requires 6-12 months. Additionally, a senior accounts receivable analyst has an average salary of $69,313, which is higher than the $43,692 average annual salary of an accounts receivable analyst.

The top three skills for a senior accounts receivable analyst include reconciliations, invoice and A/R. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Senior accounts receivable analyst vs accounts receivable analyst overview

	Senior Accounts Receivable Analyst	Accounts Receivable Analyst
Yearly salary	$69,313	$43,692
Hourly rate	$33.32	$21.01
Growth rate	-5%	-8%
Number of jobs	18,904	26,558
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 61%
Average age	51	46
Years of experience	6	12

Senior accounts receivable analyst vs accounts receivable analyst salary

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

	Senior Accounts Receivable Analyst	Accounts Receivable Analyst
Average salary	$69,313	$43,692
Salary range	Between $48,000 And $98,000	Between $33,000 And $57,000
Highest paying City	-	Arlington, VA
Highest paying state	-	Connecticut
Best paying company	-	Pacific Investment Management Company LLC
Best paying industry	-	Hospitality

Differences between senior accounts receivable analyst and accounts receivable analyst education

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

	Senior Accounts Receivable Analyst	Accounts Receivable Analyst
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Senior accounts receivable analyst vs accounts receivable analyst demographics

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

	Senior Accounts Receivable Analyst	Accounts Receivable Analyst
Average age	51	46
Gender ratio	Male, 34.0% Female, 66.0%	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 senior accounts receivable analyst and accounts receivable analyst duties and responsibilities

Senior accounts receivable analyst example responsibilities.

Manage various local and national audit projects to ensure compliance with SOX and other internal policies.
Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
Prepare monthly financial statements, complete all account reconciliations and maintain all documentation for audit purposes.
Complete account reconciliations, cash application, and negotiate settlement of dispute balances and age receivables.
Research and post cash applications including wires, ACH, and checks.
Complete customer compliance requests such as certificates of insurance and supporting documentation that customers require for SOX.

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.

Senior accounts receivable analyst vs accounts receivable analyst skills

Common senior accounts receivable analyst skills

Reconciliations, 10%
Invoice, 8%
A/R, 8%
ACH, 6%
ERP, 5%
SOX, 5%

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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Senior Accounts Receivable Analyst
Senior Accounts Receivable Analyst vs Accounts Receivable Analyst

Updated January 8, 2025

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