Accounts Receivable Coordinator Salary

Most Accounts Receivable Coordinators in the United States are women. The median pay for people in this role is approximately $16.64 per hour. Final cash compensation to Accounts Receivable Coordinators varies from around $29K to approximately $50K; choice pay grades include potential for bonuses and profit sharing as high as $3K and $5K, respectively. Geography and career duration each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a fair number, and the larger part earn dental coverage. Work is enjoyable for Accounts Receivable Coordinators, who typically claim high levels of job satisfaction. This report is based on responses to the PayScale salary survey.

$30,669 - $53,101
(Median)
$31K
$40K
$53K
MEDIAN: $39,894
10%
50%
90%

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$12.98 - $21.18
(Median)
$13
$17
$21
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$18K$36K$54K
Salary
$30,669 - $53,101  
   
Bonus
$0.00 - $3,094  
Profit Sharing
$50.00 - $5,400  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$28,828 - $50,318  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 346
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$12.98 - $21.18  
   
Overtime
$18.68 - $33.81  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $3,094  
   
Profit Sharing
$50.00 - $5,400  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$28,828 - $50,318  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 470
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Job Description for Accounts Receivable Coordinator

The accounts receivable coordinator is typically responsible for all aspects of the account department. This includes processing customer invoicing and other administrative duties. Normally, an accounts receivable coordinator is responsible for correctly processing and recording customer payments and checks on a regular basis. They also must be a good communicator to work with the customers and get payment for overdue invoices. Additionally, they must know how to use relevant software programs for processing invoices and recording data; they also should know how to resolve discrepancies related to invoices. Also, these coordinators need to be able to answer phone calls in a friendly and professional manner. They also need to be able to perform any back-up duties as needed with the accounting team and be able to support that team with project-based assignments.

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Accounts Receivable Coordinator Tasks

  • Monitor overdue accounts, receive payments and post amounts paid to customer accounts.
  • Prepare statements to credit department if customer fails to respond.
  • Locate and notify customers of delinquent accounts by mail or telephone.

Common Career Paths for Accounts Receivable Coordinator


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Many Accounts Receivable Coordinators transition into upper-level Accounts Receivable Supervisor positions. Accounts Receivable Supervisors earn a median of $43K per year.

Accounts Receivable Specialist Job Listings

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Popular Skills for Accounts Receivable Coordinator


Survey results suggest that Accounts Receivable Coordinators put a wide range of professional skills to use. Most notably, skills in Microsoft Office, Accounts Payable, Collections, and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Word. Those proficient in Accounts Receivable are, more often than not, also skilled in Microsoft Excel and Billing. It is often found that people who know Collections are also skilled in Billing.

Pay by Experience Level for Accounts Receivable Coordinator

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Those in the early stages of their career can expect to make around $35K; however, individuals with five to 10 years of experience bring in $38K on average — a distinctly larger sum. The average pay reported by folks with 10 to 20 years of experience is around $40K. Folks who have racked up more than 20 years in the field report incomes that aren't higher than less experienced individuals' earnings.

Pay Difference by Location


Accounts Receivable Coordinators will find that New York offers an impressive pay rate, one which exceeds the national average by 14 percent. Accounts Receivable Coordinators will also find cushy salaries in St. Louis (+11 percent) and Chicago (+9 percent). The lowest-paying market is Baton Rouge, which sits 12 percent below the national average. Employers pay around 9 percent less in Baltimore and 7 percent less in Atlanta, below-median salaries for those in this field.

Related Job Salaries

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Experience Affects Accounts Receivable Coordinator Salaries




National Average
$37,000


Skills That Affect Accounts Receivable Coordinator Salaries

Microsoft Office
up arrow 10%


Collections
up arrow 3%

Microsoft Excel
up arrow 2%

Accounts Receivable
up arrow 1%

Billing
0%

National Average
$37,000

Microsoft Word
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 153 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
2%
1-4 years
34%
5-9 years
26%
10-19 years
25%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 65%
vision benefits Vision: 52% employee benefits None: 19%
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