Accounts Receivable Manager Salary

With just below 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. Final cash compensation to Accounts Receivable Managers varies from around $32K to approximately $73K; choice pay grades include potential for bonuses and profit sharing as high as $9K and $5K, respectively. Location and career duration each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a fair number, and the larger part earn dental coverage. Most Accounts Receivable Managers like their work and job satisfaction is high. Among survey respondents, women are more common than men; 88 percent of Accounts Receivable Managers are female. The data for this synopsis comes from respondents who took 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 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


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Accounts Receivable Managers may experience a large salary bump if they progress into a role such as Financial Controller. The latter position pays an average of $77K annually. The most common career progression for Accounts Receivable Managers leads to becoming an Accounting Manager, where average pay is $60K annually. However, many Accounts Receivable Managers also opt to become Staff Accountants. Typically, a Staff Accountant brings home $44K.

Accounts Receivable Manager Job Listings

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Popular Skills for Accounts Receivable Manager


Accounts Receivable Managers seem to exploit a large range 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. Skills that are correlated to lower pay, on the other hand, include Quickbooks, Accounts Payable, and Account Management. Most people experienced in 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.


Experience and pay tend to be weakly linked for Accounts Receivable Managers — those with more experience do not necessarily bring in higher earnings. Although individuals who have less than five years' experience earn $41K on average, people with five to 10 years benefit from a notably larger average of $48K. For Accounts Receivable Managers, 10 to 20 years of experience on the job amounts to an average salary of $50K. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; an Accounts Receivable Manager with more than 20 years of experience can earn $54K on average.

Pay Difference by Location

National Average: $48,228

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

Accounts Receivable Managers will find that Troy offers an impressive pay rate, one which exceeds the national average by 32 percent. Accounts Receivable Managers will also find cushy salaries in New York (+29 percent), Chicago (+19 percent), Washington (+16 percent), and Los Angeles (+15 percent). The smallest paychecks in the market, 8 percent south of the national average, can be found in Phoenix.

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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