Accounts Receivable Manager Salary

With slightly less than three-fifths of Accounts Receivable Managers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $32K to $73K per year and averages out to $52K per year. Including potential for bonuses, profit sharing and commission — peaking near $9K, $5K, and $24K, respectively — total cash payment to Accounts Receivable Managers can bottom out near $32K or top out at around $73K. Geographic location and tenure each impact pay for this group, with the former having the largest influence. Most Accounts Receivable Managers report high levels of job satisfaction. The vast majority (88 percent) of Accounts Receivable Managers who took the survey are female. Medical benefits are awarded to a fair number, and a majority earn dental coverage. The information for this snapshot was generated by responses to the PayScale salary survey.

$35,989 - $75,805
(Median)
$36K
$52K
$76K
MEDIAN: $51,848
10%
50%
90%

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$12.96 - $24.52
(Median)
$13
$18
$25
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Salary
$35,989 - $75,805  
   
Bonus
$0.00 - $8,974  
Profit Sharing
$175.00 - $5,000  
Commission
$0.00 - $24,240  
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).
)
$31,769 - $73,484  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,479
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$12.96 - $24.52  
   
Hourly Tips
$0.00  
Overtime
$18.65 - $35.53  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$0.00 - $8,974  
   
Commission
$0.00 - $24,240  
Profit Sharing
$175.00 - $5,000  
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).
)
$31,769 - $73,484  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 677
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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.

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Accounts Receivable Manager Tasks

  • Produce and analyze Accounts Receivable reports.
  • Research and resolve escalated accounting inquiries develop policies 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


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For Accounts Receivable Managers, progressing to a Financial Controller role may result in a significant raise. On average, a Financial Controller can earn $77K annually. With an annual salary of $60K, Accounting Manager is the most common role for Accounts Receivable Managers to subsequently assume on their way up the ladder. Transitioning into a Staff Accountant role — which usually pays $44K — is also typical for Accounts Receivable Managers, though less common by comparison.

Accounts Receivable Manager Job Listings

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Popular Skills for Accounts Receivable Manager


Survey results imply that Accounts Receivable Managers deploy a deep pool of skills on the job. Most notably, skills in Software Installation & Upgrade, Medicaid & Medicare Billing, Collection Development, and Accounting are correlated to pay that is above average, with boosts between 6 percent and 20 percent. At the other end of the pay range are skills like Quickbooks, Accounts Payable, and Account Management. Most people skilled in Accounts Receivable are similarly competent in 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 a lot of experience do not necessarily enjoy more money. Respondents with less than five years' experience take home $41K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $48K. People with 10 to 20 years of experience make an average of about $50K in this role. After two decades in the workforce, the average Accounts Receivable Manager generally earns more than ever; median pay for this group is estimated at $54K.

Pay Difference by Location

National Average: $48,228

Larger city markers indicate a job is popular in that location.

For Accounts Receivable Managers, Troy provides a pay rate that is 32 percent greater than the national average. Accounts Receivable Managers will also find cushy salaries in New York (+29 percent), Chicago (+19 percent), Washington (+16 percent), and Los Angeles (+15 percent). With compensation 8 percent below the national average, Phoenix is not known for hefty paychecks and actually represents the lowest-paying market.

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.

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Experience Affects Accounts Receivable Manager Salaries



National Average
$48,000



Skills That Affect Accounts Receivable Manager Salaries

Software Installation & Upgrade
up arrow 20%



Accounting
up arrow 4%

Credit Control
up arrow 3%

Microsoft Excel
0%

Customer Relationship Management (CRM)
0%

Microsoft Word
0%

National Average
$48,000

Accounts Receivable
up arrow 1%

Collections
up arrow 1%

Billing
up arrow 3%

Account Management
up arrow 4%

Customer Service
up arrow 4%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 462 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
1%
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%
medical benefits
Vision: 44%
dental benefits
None: 19%
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