How To Become A Transactional Specialist: What It Is and Career Path

What is a transactional specialist and how to become one

Updated January 8, 2025

3 min read

Whether it's processing transactions or communicating with lenders, clients, and suppliers, Transaction Specialists easily accomplish their duties and are all in all versatile.

Typically, each transaction specialist analyzes information, maintains complete and accurate records, and assists with routine accounting duties. Speaking with vendors and suppliers to ensure charges will be the crucial part of your job. Thereby, you should be a skilled researcher and possess strong communication and computer skills.

On top of that, you should devote yourself to delivering compelling and consistent resources for members, other agencies, and third parties to excel as a Transaction Specialist. You should have outstanding time management skills and be trustworthy, comprehensive, and kind.

ScoreTransactional SpecialistUS Average

Salary

5.0

Avg. Salary $64,483

Avg. Salary $59,228

Stability level

5.9

Growth rate -4%

Growth rate 0.3%

Diversity

9.2

Race

American Indian and Alaska Native 0.64%

Asian 7.85%

Black or African American 11.20%

Hispanic or Latino 20.09%

Unknown 5.03%

White 55.19%

Gender

female 68.20%

male 31.80%

Age - 39

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 39

Stress level

5.9

Stress level is manageable

7.1 - high

Complexity level

6.6

Complexity level is challenging

7 - challenging

Work life balance

6.5

Work life balance is good

6.4 - fair

Key steps to become a transactional specialist

Explore transactional specialist education requirements

Most common transactional specialist degrees

Bachelor's

50.5 %

Associate

23.1 %

High School Diploma

13.1 %

Start to develop specific transactional specialist skills

Skills	Percentages
Real Estate	12.48%
Customer Relationships	8.64%
Customer Satisfaction	8.20%
Cash Flow Analysis	7.62%
Cash Handling	6.58%

Complete relevant transactional specialist training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New transactional specialists learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a transactional specialist based on U.S. Bureau of Labor Statistics data and data from real transactional specialist resumes.

Research transactional specialist duties and responsibilities

Manage A/R and financial functions for large automotive global account, generating annual revenues in excess of $100M/contract year.
Provide support to internal departments on ACH issues.
Develop spreadsheets for GL accounts; write balancing procedures for both ATM GL's including the weekly statement account balancing.
Identify cross-sell opportunities during customer interaction.

Prepare your transactional specialist resume

When your background is strong enough, you can start writing your transactional specialist resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a transactional specialist resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable transactional specialist resume templates

Build a professional transactional specialist resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your transactional specialist resume.