Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between transactional specialists and 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 transactional specialist and an account specialist. Additionally, a transactional specialist has an average salary of $64,483, which is higher than the $42,586 average annual salary of an account specialist.
The top three skills for a transactional specialist include real estate, customer relationships and customer satisfaction. The most important skills for an account specialist are customer service, patients, and account management.
A Transactional Specialist is someone who is in charge of all transactions that take place in a business organization. First of all, he/she is required to process all requests from customers, both online and offline, in an orderly and timely manner. Also, he/she uses all sales tools at his/her reach to drive an increase in profit and to exceed all of the department's goals. As a Transactional Specialist, your task may also include the establishment and monitoring of internal controls and policies to ensure thorough compliance with GAAP and other requirements.
An account specialist is responsible for reaching out to customers or potential clients through calls, emails, and other forms of correspondence to secure sales and strengthen business relations. An account specialist may also perform other tasks such as arranging appointment schedules with clients, providing price quotes and responding to further inquiries, process orders, generating sales leads, and handling complaints and resolving issues. Furthermore, an account specialist may also be involved in developing strategies, finding new opportunities, producing and completing necessary documents, and preparing reports, all in adherence to the company's policies and regulations.
Transactional specialists and account specialists have different pay scales, as shown below.
| Transactional Specialist | Account Specialist | |
| Average salary | $64,483 | $42,586 |
| Salary range | Between $39,000 And $105,000 | Between $28,000 And $62,000 |
| Highest paying City | Jersey City, NJ | Washington, DC |
| Highest paying state | New Jersey | Virginia |
| Best paying company | Apple | Microsoft |
| Best paying industry | - | Finance |
There are a few differences between a transactional specialist and an account specialist in terms of educational background:
| Transactional Specialist | Account Specialist | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between transactional specialists' and account specialists' demographics:
| Transactional Specialist | Account Specialist | |
| Average age | 40 | 46 |
| Gender ratio | Male, 31.8% Female, 68.2% | Male, 32.2% Female, 67.8% |
| Race ratio | Black or African American, 11.2% Unknown, 5.0% Hispanic or Latino, 20.1% Asian, 7.9% White, 55.2% American Indian and Alaska Native, 0.6% | Black or African American, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 8% |