Accounts Receivable Coordinator Salary

Accounts Receivable Coordinators in the United States are largely female. The average salary of the entire group is approximately $16.58 per hour. Final cash compensation to Accounts Receivable Coordinators varies from around $28K to approximately $50K; choice pay grades include potential for bonuses and profit sharing as high as $3K and $8K, respectively. Residence is the biggest factor affecting pay for this group, followed by career duration. Medical benefits are awarded to a strong majority, and a majority earn dental coverage. Most Accounts Receivable Coordinators like their work and job satisfaction is high. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$30,396 - $53,041
(Median)
$30K
$40K
$53K
MEDIAN: $39,602
10%
50%
90%

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$12.83 - $21.20
(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
$30,396 - $53,041  
   
Bonus
$0.00 - $3,070  
Profit Sharing
$-0.50 - $7,634  
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).
)
$28,173 - $50,341  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 330
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
$12.83 - $21.20  
   
Overtime
$18.53 - $33.79  
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 - $3,070  
   
Profit Sharing
$-0.50 - $7,634  
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).
)
$28,173 - $50,341  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 457

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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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Accounts Receivable Coordinators may enjoy increased earnings if they become Accounts Receivable Supervisors. This seems to be a popular career move, and Accounts Receivable Supervisor earn a slightly higher median of $43K annually.

Accounts Receivable Specialist Job Listings

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Popular Skills for Accounts Receivable Coordinator


Job skills reported by Accounts Receivable Coordinators are limited. Most notably, skills in Accounts Payable, Collections, Accounts Receivable, and Microsoft Excel are correlated to pay that is above average. Most people experienced in Collections also know Billing and Microsoft Excel. Those familiar with Accounts Receivable also tend to know Microsoft Excel and Billing.

Pay by Experience Level for Accounts Receivable Coordinator

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


Experience and pay tend to be weakly linked for Accounts Receivable Coordinators — those with more experience do not necessarily bring in higher earnings. Respondents with less than five years' experience take home $35K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $38K. Accounts Receivable Coordinators claiming one to two decades of experience make an estimated median of $40K. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.

Pay Difference by Location


For Accounts Receivable Coordinators, New York provides a pay rate that is 18 percent greater than the national average. Accounts Receivable Coordinators will also find cushy salaries in St. Louis (+11 percent) and Chicago (+10 percent). Atlanta is home to the smallest salaries in the field, lagging the national average by 6 percent. On the whole, employers pay 4 percent below the median salary for those in this field in Los Angeles and Philadelphia.

Related Job Salaries

United States (change)

Experience Affects Accounts Receivable Coordinator Salaries




National Average
$37,000


Skills That Affect Accounts Receivable Coordinator Salaries


Collections
up arrow 2%

Accounts Receivable
up arrow 1%

Microsoft Excel
up arrow 1%

Billing
up arrow 1%

National Average
$37,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 157 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
2%
1-4 years
33%
5-9 years
26%
10-19 years
25%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 65%
vision benefits Vision: 52% employee benefits None: 19%