Accounts Receivable Manager Salary

Accounts Receivable Managers in the United States tend to be well-versed in their field, and slightly less than three-fifths have more than 10 years of experience. Average salary is expected to be around $53K per year, but may range from $32K to $76K per year. Total cash earnings of Accounts Receivable Managers range from $32K on the low end to $76K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $10K and $5K, respectively. Location and career duration each impact pay for this group, with the former having the largest influence. Not all workers are lucky enough to have benefits; in fact, somewhere between a fifth and a fourth are without coverage. Medical insurance is claimed by a fair number and dental insurance is reported by the larger part. For the most part, Accounts Receivable Managers enjoy their work and report high levels of job satisfaction. The vast majority of Accounts Receivable Managers (86 percent) who participated in the survey are women. The numbers in this rundown were provided by PayScale's salary survey participants.

$37,195 - $79,264
$37K
$53K
$79K
MEDIAN: $53,186
10%
50%
90%

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$13.15 - $25.22
$13
$18
$25
MEDIAN: $18.02
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$27K$54K$81K
Salary
$37,195 - $79,264  
   
Bonus
$702 - $10,075  
Profit Sharing
$357.45 - $5,017  
Commission
$2,400  
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).
)
$32,446 - $76,025  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 871
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
$13.15 - $25.22  
   
Overtime
$21.41 - $38.30  
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
$702 - $10,075  
   
Commission
$2,400  
Profit Sharing
$357.45 - $5,017  
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).
)
$32,446 - $76,025  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 390

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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

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

Common Career Paths for Accounts Receivable Manager


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Accounts Receivable Managers who go on to become Financial Controllers may see their salaries climb quite a bit. Median pay for Financial Controllers is $77K annually. Going from Accounts Receivable Manager to Accounting Manager is the transition that occurs most often in this field, where the paychecks are $61K. Many others choose to work as Staff Accountants, where pay is typically $44K.

Accounts Receivable Manager Job Listings

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Popular Skills for Accounts Receivable Manager


Survey results imply that Accounts Receivable Managers deploy a substantial tool kit of skills at work. Most notably, skills in Medicaid & Medicare Billing, Collection Development, Credit Control, and Accounts Receivable are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Quickbooks, Customer Service, and Customer Relationship Management. Most people skilled in Accounts Receivable are similarly competent in Collections.

Pay by Experience Level for Accounts Receivable Manager

Pay by Experience for an Accounts Receivable Manager has a positive trend. An entry-level Accounts Receivable Manager with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 346 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Receivable Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $49,000 based on 371 salaries. An experienced Accounts Receivable Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $53,000 based on 500 salaries. An Accounts Receivable Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $56,000 based on 266 salaries.

Pay Difference by Location

National Average: $49,329

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

For those looking to make money, Accounts Receivable Managers in Troy enjoy an exceptional pay rate, 30 percent above the national average. Accounts Receivable Managers will also find cushy salaries in New York (+26 percent), Atlanta (+15 percent), Chicago (+10 percent), and Houston (+8 percent). Compared to the national average, Birmingham Accounts Receivable Managers have considerably lower salaries, 25 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Not at the bottom but still paying below the median are employers in Minneapolis and St. Louis (15 percent lower and 10 percent lower, respectively).

Accounts Receivable Manager Reviews

Q: 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

Key Stats for Accounts Receivable Manager

Gender

Female
86 %
Male
14 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 241 votes.
Less than 1 year
1%
1-4 years
20%
5-9 years
23%
10-19 years
33%
20 years or more
23%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Accounts Receivable Manager Salaries

▲13%

▲7%

National Average
$49,000

▼1%

▼17%

Skills That Affect Accounts Receivable Manager Salaries





Microsoft Excel
▼0%

Accounts Payable
▼0%

National Average
$49,000


▼2%

▼2%


▼3%




▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 241 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
1%
1-4 years
20%
5-9 years
23%
10-19 years
33%
20 years or more
23%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 62%
vision benefits
Vision: 48%
no benefits
None: 22%
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