Senior accounts receivable specialist vs accounts receivable manager

The differences between senior accounts receivable specialists and accounts receivable managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become a senior accounts receivable specialist, becoming an accounts receivable manager takes usually requires 6-8 years. Additionally, an accounts receivable manager has an average salary of $69,403, which is higher than the $54,494 average annual salary of a senior accounts receivable specialist.

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 manager are customer service, accounts receivables, and financial reports.

Senior accounts receivable specialist vs accounts receivable manager overview

	Senior Accounts Receivable Specialist	Accounts Receivable Manager
Yearly salary	$54,494	$69,403
Hourly rate	$26.20	$33.37
Growth rate	-8%	17%
Number of jobs	24,817	53,859
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 55%
Average age	46	46
Years of experience	12	8

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 manager do?

An accounts receivable manager is responsible for overseeing the financial matters in a business or company, focusing on the generated sales and income. Moreover, they are also responsible for maintaining an accurate and efficient collection of payments, conducting research and analysis, and supervising the workforce, striving to meet all the goals within the allotted time. As a manager in the department, it is also vital to lead fellow skilled professionals and implement the policies and regulations of the company or organization.

Senior accounts receivable specialist vs accounts receivable manager salary

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

	Senior Accounts Receivable Specialist	Accounts Receivable Manager
Average salary	$54,494	$69,403
Salary range	Between $38,000 And $78,000	Between $42,000 And $114,000
Highest paying City	Washington, DC	San Francisco, CA
Highest paying state	Connecticut	California
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.	Meta
Best paying industry	Technology	Technology

Differences between senior accounts receivable specialist and accounts receivable manager education

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

	Senior Accounts Receivable Specialist	Accounts Receivable Manager
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 55%
Most common major	Business	Business
Most common college	-	University of Pennsylvania

Senior accounts receivable specialist vs accounts receivable manager demographics

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

	Senior Accounts Receivable Specialist	Accounts Receivable Manager
Average age	46	46
Gender ratio	Male, 18.3% Female, 81.7%	Male, 25.0% Female, 75.0%
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, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 7.6% White, 65.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	8%	11%

Differences between senior accounts receivable specialist and accounts receivable manager 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 manager example responsibilities.

Manage payroll activities including calculating and distributing payroll checks and making monthly withholding deposits to the IRS via EFTPS website.
Accomplish, results-orient professional with a strong background in TABS3 management and QuickBooks utilization.
Manage all accounts receivable activities including billing, customer dispute resolution, cash application collections, write-offs and month-end reconciliations.
Review claims hold up in EDI, and initiate pathway in working claims edits, claims follow up and appeals.
Run GL transfer and post daily.
Utilize multiple ERP systems for billing and collection purposes.

Senior accounts receivable specialist vs accounts receivable manager 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 manager skills

Customer Service, 14%
Accounts Receivables, 8%
Financial Reports, 6%
Reconciliations, 5%
Payroll, 4%
Customer Accounts, 4%

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Senior Accounts Receivable Specialist
Senior Accounts Receivable Specialist vs Accounts Receivable Manager

Updated January 8, 2025

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