Accounts Receivable Lead Salary
The average wage for an Accounts Receivable Lead is $17.61 per hour. For the first five to ten years in this position, pay increases modestly, but any additional experience does not have a big effect on pay.
|Salary||$32,447 - $62,009|
|Bonus||$349.05 - $5,027|
|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).)
|$30,092 - $55,951|
|Hourly Rate||$13.65 - $23.39|
|Overtime||$19.26 - $36.27|
|Bonus||$349.05 - $5,027|
|Total Pay (||$30,092 - $55,951|
Job Description for Accounts Receivable Lead
Accounts receivable leads are tasked with leading and managing accounts receivable teams and their daily operations. They typically work in the accounting or finance departments of organizations, and leadership skills are important in this position to build strong teamwork among employees.Read More...
Strong verbal and written communication skills are highly beneficial for accounts receivable leads, as they must monitor the workload and productivity of their team members and supervise daily processing related to accounts receivable, such as accurate posting in transferring from journals to ledger accounts, remittances, credit memos, and subsequent follow-ups. They must also review aging reports on a regular basis and help establish staffing budgets.
Accounts receivable leads must have computer skills and be able to use accounting software and applications, as well as Microsoft Office programs. It is essential that they maintain positive business relationships with internal and external clients, and they may also recommend process improvements, conduct performance evaluation reviews, and provide timely feedback to their staff.
A bachelor's degree in accounting, finance, or a business-related field is generally required for this position, and they must also be familiar with and adhere to generally accepted accounting principles (GAAP). Some may be required to attend workshops or training classes regularly to keep their skills up-to-date.
Accounts Receivable Lead Tasks
- Leads and manages team responsible for accounting activities related to the payment and receipt of money.
- Works with finance team to develop strategies to maximize efficiency and performance of company.
- Monitors workload and productivity of accounting team.
Popular Skills for Accounts Receivable Lead
Pay by Experience Level for Accounts Receivable Lead
Pay by Experience for an Accounts Receivable Lead has a positive trend. An entry-level Accounts Receivable Lead with less than 5 years of experience can expect to earn an average total compensation of $36,000 based on 91 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Receivable Lead with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $42,000 based on 77 salaries. An experienced Accounts Receivable Lead which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $42,000 based on 81 salaries. An Accounts Receivable Lead with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $43,000 based on 29 salaries.
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Key Stats for Accounts Receivable Lead
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