Accounts Receivable Manager Salary

Accounts Receivable Managers who are practiced in their profession and carry more than 10 years of experience make up just below three-fifths of Accounts Receivable Managers. Pay fluctuates from $31K to $73K per year, but expected earnings average $51K annually. Cash earnings of Accounts Receivable Managers — including $8K in bonuses, $5K in profit sharing proceeds, and $22K in commissions near the top of the pay scale — stretch from approximately $31K to approximately $73K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by experience level. Medical benefits are awarded to a strong majority, and a majority earn dental coverage. Job satisfaction is high and work is enjoyable for most Accounts Receivable Managers. Women account for the majority of Accounts Receivable Managers who took the survey — 87 percent to be exact. The data in this summary comes from the PayScale salary survey.

$35,427 - $75,627
(Median)
$35K
$51K
$76K
MEDIAN: $51,285
10%
50%
90%

Add this chart to your site: 640px    300px

$12.72 - $23.65
(Median)
$13
$17
$24
MEDIAN: $17.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$26K$52K$78K
Salary
$35,427 - $75,627  
   
Bonus
$0.00 - $8,321  
Profit Sharing
$148.99 - $4,966  
Commission
$0.00 - $22,125  
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).
)
$31,078 - $73,212  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,366
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$13$26$39
Hourly Rate
$12.72 - $23.65  
   
Overtime
$18.40 - $34.36  
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$26K$52K$78K
Bonus
$0.00 - $8,321  
   
Commission
$0.00 - $22,125  
Profit Sharing
$148.99 - $4,966  
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).
)
$31,078 - $73,212  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 668
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Accounts Receivable Manager

Accounts receivable (AR) managers are responsible for overseeing the part of a company that deals with money owed to the business. AR managers must manage and coordinate billing and credit related activities such as sending invoices, determining customer credit worthiness and the amount of credit to be extended, attempting to collect on unpaid debts, updating billing records and handling most billing disputes. Some employers may also require that they be responsible for handling commissions and reporting sales tax as well. AR managers usually oversee a team, which may consist of accountants, collectors, analysts, clerks and/or credit professionals. This often varies based on the size of the company. For example, an AR manager at a small company may just oversee a few AR clerks, while a manager at a larger company may oversee a team of ten or more specialists. Regardless of the company’s size and amount of staff, AR managers are usually responsible for hiring, training and evaluating the AR staff.

Read More...

Accounts Receivable Manager Tasks

  • Produce and analyze Accounts Receivable reports.
  • Research and resolve escalated accounting inquiries develop polocies and procedures for the Accounts Receivable department
  • Manage all the day-to-day Accounts Receivable and Collection activities.

Common Career Paths for Accounts Receivable Manager


Add this chart to your site:   640px 640px    300px 300px


As Accounts Receivable Managers transition into upper-level roles such as Financial Controller, they may see a strong upturn in salary. Financial Controllers earn $77K on average per year. Becoming an Accounting Manager is, more often than not, the most common role that Accounts Receivable Managers move into when they're ready for the next step in their career. The average salary for the position is $60K. Another frequent advance is for Accounts Receivable Managers to assume a Staff Accountant role; in this role, workers often earn $43K.

Accounts Receivable Manager Job Listings

Search for more jobs:

Popular Skills for Accounts Receivable Manager


Accounts Receivable Managers report using a deep pool of skills on the job. Most notably, facility with Software Installation & Upgrade, Medicaid & Medicare Billing, and Collection Development are correlated to pay that is significantly above average, leading to increases of 23 percent, 14 percent, and 9 percent, respectively. At the other end of the pay range are skills like Quickbooks, Accounts Payable, and Customer Service. Most people who know Accounts Receivable also know Collections.

Pay by Experience Level for Accounts Receivable Manager

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


Accounts Receivable Managers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. The average worker who claims fewer than five years of experience earns around $40K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $47K. The average pay reported by folks with 10 to 20 years of experience is around $50K. More than 20 years of experience mean a somewhat bigger median paycheck of $53K, but it's not much more than what less experienced people make.

Pay Difference by Location


Troy is home to an above-average pay rate for Accounts Receivable Managers, 36 percent higher than the national average. Accounts Receivable Managers can also look forward to large paychecks in cities like New York (+28 percent), Chicago (+22 percent), Los Angeles (+20 percent), and Washington (+19 percent). Those in the field find the lowest salaries in Phoenix, 11 percent below the national average.

Accounts Receivable Manager Reviews

What is it like working as an Accounts Receivable Manager?

Accounts Receivable Manager in Chicago Ridge:
"Stressful And Challenging."
Pros: People and building relationships.
Cons: People who try not to pay.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Accounts Receivable Manager Salaries




National Average
$47,000


Skills That Affect Accounts Receivable Manager Salaries

Software Installation & Upgrade
up arrow 23%





Customer Relationship Management (CRM)
up arrow 4%

Accounts Receivable
0%

Collections
0%

Microsoft Excel
0%

Microsoft Word
0%

National Average
$47,000

Billing
up arrow 2%

Account Management
up arrow 3%

Customer Service
up arrow 4%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 468 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
0%
1-4 years
19%
5-9 years
24%
10-19 years
35%
20 years or more
22%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 61%
vision benefits Vision: 43% employee benefits None: 19%
ADVERTISEMENT