Senior accounts receivable specialist vs senior account specialist

The differences between senior accounts receivable specialists and senior 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 a senior account specialist. Additionally, a senior account specialist has an average salary of $68,185, 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 a senior account specialist are patients, healthcare, and account management.

Senior accounts receivable specialist vs senior account specialist overview

	Senior Accounts Receivable Specialist	Senior Account Specialist
Yearly salary	$54,494	$68,185
Hourly rate	$26.20	$32.78
Growth rate	-8%	-8%
Number of jobs	24,817	103,476
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 65%
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 a senior account specialist do?

A senior account specialist is in charge of overseeing client accounts and financial transactions in businesses, ensuring accuracy and efficiency. It is their responsibility to gather and analyze extensive data, manage staff, and liaise with external parties such as vendors and suppliers. They also process invoices, vouchers, checks, job orders, and other documents. Moreover, as a senior account specialist, it is essential to lead and serve as a mentor to junior account specialists, all while implementing the company's policies and regulations.

Senior accounts receivable specialist vs senior account specialist salary

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

	Senior Accounts Receivable Specialist	Senior Account Specialist
Average salary	$54,494	$68,185
Salary range	Between $38,000 And $78,000	Between $46,000 And $100,000
Highest paying City	Washington, DC	Washington, DC
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.	AbbVie
Best paying industry	Technology	Pharmaceutical

Differences between senior accounts receivable specialist and senior account specialist education

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

	Senior Accounts Receivable Specialist	Senior Account Specialist
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 65%
Most common major	Business	Business
Most common college	-	-

Senior accounts receivable specialist vs senior account specialist demographics

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

	Senior Accounts Receivable Specialist	Senior Account Specialist
Average age	46	46
Gender ratio	Male, 18.3% Female, 81.7%	Male, 37.4% Female, 62.6%
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, 14.0% Unknown, 4.0% Hispanic or Latino, 17.5% Asian, 3.6% White, 60.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between senior accounts receivable specialist and senior account specialist 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.

Senior account specialist example responsibilities.

Manage accounts while providing excellent customer service, help build financial relationships, redirecting calls in upselling credit per customer needs
Educate and understand Medicare policies and guidelines for qualifying perspective patients.
Create team PowerPoint presentations for team meetings.
Provide customers with HIPPA forms and rules and regulations.
Submit primary and secondary Pennsylvania and Ohio Medicaid claims online thru PROMIS.
Know all laws including hippa call recording disclosures, credit card laws etc.

Senior accounts receivable specialist vs senior account specialist 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 senior account specialist skills

Patients, 20%
Healthcare, 13%
Account Management, 9%
Excellent Interpersonal, 6%
Customer Accounts, 4%
Problem Resolution, 3%

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Senior Accounts Receivable Specialist
Senior Accounts Receivable Specialist vs Senior Account Specialist

Updated January 8, 2025

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