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Accounts Receivable Specialist Salary

Median pay for Accounts Receivable Specialists in the United States lies in the neighborhood of $16.02 per hour. Overall cash earnings for Accounts Receivable Specialists stretch from $27K on the lower end to $48K near the top, and the heftiest packages can encompass around $3K from bonuses and $4K from profit sharing. Geography and years of experience each impact pay for this group, with the former having the largest influence. Female Accounts Receivable Specialists far outnumber their male contemporaries among survey respondents. A fair number report receiving medical coverage from their employers and more than half collect dental insurance. Job satisfaction is reported as high by the vast majority of workers. This snapshot results from replies to PayScale's salary survey.
$29,593 - $50,158
(Median)
30K
34K
39K
44K
50K
MEDIAN: $38,858
10%
25%
50%
75%
90%

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$12.36 - $20.53
(Median)
12
16
18
21
MEDIAN: $16.00
10%
50%
75%
90%

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Show Annual Salary Show Hourly Rate

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$17K$34K$51K
Salary
$29,593 - $50,158  
   
Bonus
$0.00 - $2,979  
Profit Sharing
$307.67 - $4,066  
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).
)
$27,013 - $47,786  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,181
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$11$22$33
Hourly Rate
$12.36 - $20.53  
   
Overtime
$17.55 - $30.89  
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$22K$44K$66K
Bonus
$0.00 - $2,979  
   
Profit Sharing
$307.67 - $4,066  
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).
)
$27,013 - $47,786  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 2,273
United States (change)

Job Description for Accounts Receivable Specialist

  • Monitor overdue accounts, receive payments and post amounts paid to customer accounts.
  • Prepare statements to credit department if customer fails to respond.
  • Locate and notify customers of delinquent accounts by mail or telephone.

Common Career Paths for Accounts Receivable Specialist


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Though not the most common occurrence, Accounts Receivable Specialists sometimes become Accounting Managers, where the average income is $59K per year. When Accounts Receivable Specialists are ready for the next step in their careers, they often become Staff Accountants or Accounts Receivable Managers. Those roles pay an additional $7K and $7K, respectively.

Accounts Receivable Specialist Job Listings

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Popular Skills for Accounts Receivable Specialist


Survey results imply that Accounts Receivable Specialists deploy a deep pool of skills on the job. Most notably, skills in Credit Control, Accounting, Collections, and Accounts Payable are correlated to pay that is above average, with boosts between 4 percent and 7 percent. At the other end of the pay range are skills like Insurance. The majority of those who know Accounts Receivable also know Billing.

Pay by Experience Level for Accounts Receivable Specialist

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


Experience and pay tend to be weakly linked for Accounts Receivable Specialists — those with more experience do not necessarily bring in higher earnings. The average beginner in this position makes around $34K, but folks who have been around for five to 10 years see a markedly higher median salary of $36K. Accounts Receivable Specialists who work for 10 to 20 years in their occupation tend to earn about $37K. People who have worked for more than 20 years report a median income of $38K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


Surpassing the national average by 27 percent, Accounts Receivable Specialists in New York receive some of the highest pay in the country. Accounts Receivable Specialists will also find cushy salaries in Seattle (+16 percent), Los Angeles (+12 percent), Chicago (+10 percent), and San Diego (+8 percent). Miami is the lowest-paying area, 9 percent south of the national average. Workers in Portland and Charlotte earn salaries that trail the national average for those in this profession (6 percent less).

Related Job Salaries

Experience Affects Accounts Receivable Specialist Salaries




National Average
$36,000


Skills That Affect Accounts Receivable Specialist Salaries


Collections
up arrow 4%

Accounting
up arrow 4%

Accounts Payable
up arrow 3%

Billing
up arrow 2%

Microsoft Excel
up arrow 2%

Microsoft Office
up arrow 2%

Accounts Receivable
up arrow 1%

Customer Service
0%

Microsoft Word
0%

National Average
$36,000

Quickbooks
up arrow 1%

Data Entry
up arrow 2%

Medicaid & Medicare Billing
up arrow 3%

Medical Coding
up arrow 3%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 699 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
2%
1-4 years
29%
5-9 years
26%
10-19 years
28%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 67%
vision benefits Vision: 52% employee benefits None: 18%