Senior accounts receivable analyst vs collections/accounts receivable

The differences between senior accounts receivable analysts and collections/accounts receivables 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 a collections/accounts receivable takes usually requires 6-12 months. Additionally, a senior accounts receivable analyst has an average salary of $69,313, which is higher than the $38,949 average annual salary of a collections/accounts receivable.

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

Senior accounts receivable analyst vs collections/accounts receivable overview

	Senior Accounts Receivable Analyst	Collections/Accounts Receivable
Yearly salary	$69,313	$38,949
Hourly rate	$33.32	$18.73
Growth rate	-5%	-8%
Number of jobs	18,904	30,523
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 40%
Average age	51	46
Years of experience	6	12

Senior accounts receivable analyst vs collections/accounts receivable salary

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

	Senior Accounts Receivable Analyst	Collections/Accounts Receivable
Average salary	$69,313	$38,949
Salary range	Between $48,000 And $98,000	Between $30,000 And $49,000
Highest paying City	-	Boston, MA
Highest paying state	-	Connecticut
Best paying company	-	Apollo Global Management
Best paying industry	-	Finance

Differences between senior accounts receivable analyst and collections/accounts receivable education

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

	Senior Accounts Receivable Analyst	Collections/Accounts Receivable
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 40%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Senior accounts receivable analyst vs collections/accounts receivable demographics

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

	Senior Accounts Receivable Analyst	Collections/Accounts Receivable
Average age	51	46
Gender ratio	Male, 34.0% Female, 66.0%	Male, 25.3% Female, 74.7%
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, 12.0% Unknown, 4.1% Hispanic or Latino, 20.1% Asian, 3.8% White, 59.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	8%

Differences between senior accounts receivable analyst and collections/accounts receivable 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.

Collections/accounts receivable example responsibilities.

Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
Work accounts receivable for Medicaid verification and payments.
Work remittance advice from Medicaid ensuring accuracy of payments.
Research and obtain extensive knowledge of FDCPA debt recovery laws and assist in recovering commercial debt from organizations.
Communicate effectively with patients, physicians, hospital staff, and insurance representatives to ensure accuracy in claims processing.
Review claims to determine if process correctly and if necessary, direct patients to contact insurance companies regarding additional benefit questions.

Senior accounts receivable analyst vs collections/accounts receivable skills

Common senior accounts receivable analyst skills

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

Common collections/accounts receivable skills

Customer Service, 21%
Patients, 6%
Delinquent Accounts, 5%
Credit Card Payments, 5%
Past Due Accounts, 5%
Customer Accounts, 5%

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Senior Accounts Receivable Analyst
Senior Accounts Receivable Analyst vs Collections/Accounts Receivable

Updated January 8, 2025

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