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The differences between senior accounts receivable specialists and account 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 senior accounts receivable specialist and an account specialist. Additionally, a senior accounts receivable specialist has an average salary of $54,494, which is higher than the $42,586 average annual salary of an account specialist.
The top three skills for a senior accounts receivable specialist include account reconciliations, customer accounts and reconciliations. The most important skills for an account specialist are customer service, patients, and account management.
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.
An account specialist is responsible for reaching out to customers or potential clients through calls, emails, and other forms of correspondence to secure sales and strengthen business relations. An account specialist may also perform other tasks such as arranging appointment schedules with clients, providing price quotes and responding to further inquiries, process orders, generating sales leads, and handling complaints and resolving issues. Furthermore, an account specialist may also be involved in developing strategies, finding new opportunities, producing and completing necessary documents, and preparing reports, all in adherence to the company's policies and regulations.
Senior accounts receivable specialists and account specialists have different pay scales, as shown below.
| Senior Accounts Receivable Specialist | Account Specialist | |
| Average salary | $54,494 | $42,586 |
| Salary range | Between $38,000 And $78,000 | Between $28,000 And $62,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Connecticut | Virginia |
| Best paying company | Amkor 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. | Microsoft |
| Best paying industry | Technology | Finance |
There are a few differences between a senior accounts receivable specialist and an account specialist in terms of educational background:
| Senior Accounts Receivable Specialist | Account Specialist | |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between senior accounts receivable specialists' and account specialists' demographics:
| Senior Accounts Receivable Specialist | Account Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 18.3% Female, 81.7% | Male, 32.2% Female, 67.8% |
| Race ratio | Black 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, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |