Senior accounts receivable specialist vs accounts receivable analyst

The differences between senior accounts receivable specialists and accounts receivable analysts 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 accounts receivable analyst. Additionally, a senior accounts receivable specialist has an average salary of $54,494, which is higher than the $43,692 average annual salary of an accounts receivable analyst.

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

Senior accounts receivable specialist vs accounts receivable analyst overview

	Senior Accounts Receivable Specialist	Accounts Receivable Analyst
Yearly salary	$54,494	$43,692
Hourly rate	$26.20	$21.01
Growth rate	-8%	-8%
Number of jobs	24,817	26,558
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 61%
Average age	46	46
Years of experience	12	12

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 accounts receivable analyst do?

An Accounts Receivable Analyst provides accounts receivable support through monitoring all aspects of the collection of outstanding debts owed to a company. They check missing and unresolved payment issues, monitor overdue accounts, and prepare statements for managers.

Senior accounts receivable specialist vs accounts receivable analyst salary

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

	Senior Accounts Receivable Specialist	Accounts Receivable Analyst
Average salary	$54,494	$43,692
Salary range	Between $38,000 And $78,000	Between $33,000 And $57,000
Highest paying City	Washington, DC	Arlington, VA
Highest paying state	Connecticut	Connecticut
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.	Pacific Investment Management Company LLC
Best paying industry	Technology	Hospitality

Differences between senior accounts receivable specialist and accounts receivable analyst education

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

	Senior Accounts Receivable Specialist	Accounts Receivable Analyst
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	-	-

Senior accounts receivable specialist vs accounts receivable analyst demographics

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

	Senior Accounts Receivable Specialist	Accounts Receivable Analyst
Average age	46	46
Gender ratio	Male, 18.3% Female, 81.7%	Male, 29.4% Female, 70.6%
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, 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	8%	8%

Differences between senior accounts receivable specialist and accounts receivable analyst 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.

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 specialist vs accounts receivable analyst 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 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 Specialist
Senior Accounts Receivable Specialist vs Accounts Receivable Analyst

Updated January 8, 2025

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