Senior accounts receivable specialist vs senior accounting clerk

The differences between senior accounts receivable specialists and senior accounting clerks 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 a senior accounting clerk takes usually requires 4-6 years. Additionally, a senior accounts receivable specialist has an average salary of $54,494, which is higher than the $46,531 average annual salary of a senior accounting clerk.

The top three skills for a senior accounts receivable specialist include account reconciliations, customer accounts and reconciliations. The most important skills for a senior accounting clerk are data entry, general ledger accounts, and reconciliations.

Senior accounts receivable specialist vs senior accounting clerk overview

	Senior Accounts Receivable Specialist	Senior Accounting Clerk
Yearly salary	$54,494	$46,531
Hourly rate	$26.20	$22.37
Growth rate	-8%	-5%
Number of jobs	24,817	82,627
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 47%
Average age	46	51
Years of experience	12	6

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 accounting clerk do?

Senior Accounting Clerks lead in a complex set of work staff and are responsible for performing governmental fund accounting that involves reporting and financial record keeping. They are responsible for resolving discrepancies, verifying and auditing financial reports, and inputting data into their financial accounting system. They must know methods of verifying and reconciling accounting records, accounts payable and receivable, and how to familiarize themselves with their firm's financial accounting software. They must also be skilled in handling large sums of cash with integrity and making manual arithmetical calculations with speed and accuracy.

Senior accounts receivable specialist vs senior accounting clerk salary

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

	Senior Accounts Receivable Specialist	Senior Accounting Clerk
Average salary	$54,494	$46,531
Salary range	Between $38,000 And $78,000	Between $33,000 And $64,000
Highest paying City	Washington, DC	San Jose, 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.	Encore Capital Group
Best paying industry	Technology	Finance

Differences between senior accounts receivable specialist and senior accounting clerk education

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

	Senior Accounts Receivable Specialist	Senior Accounting Clerk
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 47%
Most common major	Business	Accounting
Most common college	-	University of Pennsylvania

Senior accounts receivable specialist vs senior accounting clerk demographics

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

	Senior Accounts Receivable Specialist	Senior Accounting Clerk
Average age	46	51
Gender ratio	Male, 18.3% Female, 81.7%	Male, 18.0% Female, 82.0%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage	8%	7%

Differences between senior accounts receivable specialist and senior accounting clerk 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 accounting clerk example responsibilities.

Manage payroll general ledger accounts including account reconciliations and monthly accruals.
Implement premium accounting statistical reports of all monies collect, including return items and general accounting from bank reconciliations.
Process ACH payments in accordance with company deadlines.
Cross train on many functions within the ACH department.
Monitor and clear holding accounts daily using PeopleSoft; prepare journals as necessary.
Assist with monthly, quarterly, and yearly closing processes, including accruals.

Senior accounts receivable specialist vs senior accounting clerk 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 accounting clerk skills

Data Entry, 10%
General Ledger Accounts, 9%
Reconciliations, 8%
Senior Accounting, 7%
Purchase Orders, 7%
Credit Card Payments, 5%

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Senior Accounts Receivable Specialist
Senior Accounts Receivable Specialist vs Senior Accounting Clerk

Updated January 8, 2025

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