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 $32K to $75K per year, but expected earnings average $53K annually. Total cash earnings of Accounts Receivable Managers range from $32K on the low end to $75K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $10K and $5K, respectively. Location is the biggest factor affecting pay for this group, followed by career length. While nearly one-fifth report receiving no health benefits, a strong majority do receive medical coverage, and the greater part have dental, as well. For the most part, Accounts Receivable Managers enjoy their work and report high levels of job satisfaction. The vast majority of Accounts Receivable Managers (87 percent) who responded to the survey are women. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$36,391 - $77,931
(Median)
$36K
$53K
$78K
MEDIAN: $53,462
10%
50%
90%

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$13.33 - $25.03
(Median)
$13
$18
$25
MEDIAN: $18.00
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
$36,391 - $77,931  
   
Bonus
$763 - $10,243  
Profit Sharing
$387.83 - $5,045  
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).
)
$32,459 - $75,355  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 883
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
$13.33 - $25.03  
   
Overtime
$21.54 - $38.23  
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
$763 - $10,243  
   
Commission
$2,400  
Profit Sharing
$387.83 - $5,045  
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).
)
$32,459 - $75,355  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 376
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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. As Accounts Receivable Managers progress in their field, many go on to become Accounting Managers. In fact, this transition is more common than anything else, and pay for the position is usually $61K per year. Another common career choice for Accounts Receivable Managers is to move into a Staff Accountant role. Typically, Staff Accountants get paid $44K.

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Popular Skills for Accounts Receivable Manager


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Medicaid & Medicare Billing, Collection Development, Accounts Receivable, and Credit Control are correlated to pay that is above average. Skills that seem to negatively impact pay include Quickbooks, Customer Relationship Management, and Customer Service. It is often found that people who know Accounts Receivable are also skilled in 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. Salaries of relatively inexperienced workers fall in the neighborhood of $42K, but folks who have racked up five to 10 years see a notably higher median of $49K. On average, Accounts Receivable Managers make $53K following one to two decades on the job. More than 20 years of experience mean a somewhat bigger median paycheck of $55K, but it's not much more than what less experienced people make.

Pay Difference by Location

National Average: $49,559

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

For those looking to make money, Accounts Receivable Managers in New York enjoy an exceptional pay rate, 32 percent above the national average. Accounts Receivable Managers can also look forward to large paychecks in cities like Atlanta (+30 percent), Troy (+29 percent), Chicago (+13 percent), and Tempe (+6 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. Employers pay around 10 percent less in St. Louis and 9 percent less in Austin, below-median salaries for those in this field.

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
$50,000


Skills That Affect Accounts Receivable Manager Salaries


Collection Development
up arrow 3%

Accounts Receivable
0%

Microsoft Excel
0%

Credit Control
0%

National Average
$50,000

Accounts Payable
up arrow 1%

Billing
up arrow 2%

bill collections
up arrow 2%

Accounting
up arrow 2%

Microsoft Word
up arrow 3%

Collections
up arrow 4%





Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 233 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
1%
1-4 years
20%
5-9 years
22%
10-19 years
33%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 63%
medical benefits
Vision: 48%
dental benefits
None: 20%
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