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Senior accounts receivable specialist vs account representative

The differences between senior accounts receivable specialists and account representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a senior accounts receivable specialist and an account representative. Additionally, a senior accounts receivable specialist has an average salary of $54,494, which is higher than the $36,977 average annual salary of an account representative.

The top three skills for a senior accounts receivable specialist include account reconciliations, customer accounts and reconciliations. The most important skills for an account representative are customer service, patients, and patient accounts.

Senior accounts receivable specialist vs account representative overview

Senior Accounts Receivable SpecialistAccount Representative
Yearly salary$54,494$36,977
Hourly rate$26.20$17.78
Growth rate-8%-8%
Number of jobs24,817183,446
Job satisfaction--
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 52%
Average age4646
Years of experience1212

What does a senior accounts receivable specialist do?

Senior accounts receivable specialists follow established accounts receivable and account payable policies, guidelines, control processes, and procedures. The specialists make sure that activities associated with the payables and receivables are accurate. They assist the partners of firms in terms of collecting and reporting accounts receivable balances that are already past due. It is their job to establish extensive contact with clients and partners. Also, they are responsible for tracking payments and perform banking deposits.

What does an account representative do?

Account representatives are employees who manage client accounts and act as the main contact of the clients they are handling. They maintain existing accounts by updating client details regularly. They also check up on clients to see if they are still satisfied with the products or services of the company. They also create new accounts by welcoming new clients and assisting them in their needs. Account representatives manage client inquiries and process client requests. They also address complaints and ensure that any challenges are mitigated and that clients remain with the company.

Senior accounts receivable specialist vs account representative salary

Senior accounts receivable specialists and account representatives have different pay scales, as shown below.

Senior Accounts Receivable SpecialistAccount Representative
Average salary$54,494$36,977
Salary rangeBetween $38,000 And $78,000Between $26,000 And $51,000
Highest paying CityWashington, DCLos Angeles, CA
Highest paying stateConnecticutCalifornia
Best paying companyAmkor Technology is a strategically located company with a diversified working environment. Employees mention free lunches, transportation, and lodging, and the management is good at recognizing key talents.New Relic
Best paying industryTechnologyFinance

Differences between senior accounts receivable specialist and account representative education

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

Senior Accounts Receivable SpecialistAccount Representative
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common college--

Senior accounts receivable specialist vs account representative demographics

Here are the differences between senior accounts receivable specialists' and account representatives' demographics:

Senior Accounts Receivable SpecialistAccount Representative
Average age4646
Gender ratioMale, 18.3% Female, 81.7%Male, 33.6% Female, 66.4%
Race ratioBlack or African American, 14.1% Unknown, 4.1% Hispanic or Latino, 19.0% Asian, 3.8% White, 58.5% American Indian and Alaska Native, 0.5%Black or African American, 12.5% Unknown, 4.2% Hispanic or Latino, 17.3% Asian, 3.9% White, 61.6% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between senior accounts receivable specialist and account representative duties and responsibilities

Senior accounts receivable specialist example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Enter credit/debit memo, set up and process franchisees ACH.
  • Create and set up new financial institute bank accounts for ACH services.
  • Review submission of all charges and payments to include proper medical data and the appropriate CPT and ICD-9 codes.
  • Collect money owe to Texas Medicaid by medical providers.
  • Correspond with various commercial and federal insurance companies including Medicare and Medicaid.
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Account representative example responsibilities.

  • Manage all billing accounts including Medicare/Medicaid, HMO and individual accounts.
  • Manage the daily correspondence from assign practices with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Manage and maintain an internal database system to generate reports and produce accurate account information for patients and insurance companies.
  • Educate physicians to use current ICD-9 diagnostic coding and preparation to begin ICD-10 coding requirements.
  • Analyze health care insurance/litigation patient account files to resolve outstanding and delinquent accounts due to the healthcare client.
  • Promote ThermoCool SmartTouch ablation catheter device to electrophysiologists.
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Senior accounts receivable specialist vs account representative skills

Common senior accounts receivable specialist skills
  • Account Reconciliations, 6%
  • Customer Accounts, 6%
  • Reconciliations, 5%
  • Customer Service, 4%
  • Patient Accounts, 4%
  • Credit Card Payments, 4%
Common account representative skills
  • Customer Service, 21%
  • Patients, 18%
  • Patient Accounts, 5%
  • Data Entry, 3%
  • Medicaid, 3%
  • Customer Satisfaction, 3%

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