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Accounts Receivable Specialist Salary

Accounts Receivable Specialists in the United States take home an average $16.11 per hour. Final cash compensation to Accounts Receivable Specialists varies from around $27K to approximately $48K; choice pay grades include potential for bonuses and profit sharing as high as $3K and $4K, respectively. The most important factor affecting compensation for this group is geographic location, followed by career length and the specific company. Women account for the majority of Accounts Receivable Specialists who took the survey — 88 percent to be exact. Medical benefits are awarded to a fair number, and the larger part earn dental coverage. Job satisfaction is high and work is enjoyable for most Accounts Receivable Specialists. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$29,823 - $50,460
(Median)
$30K
$39K
$50K
MEDIAN: $39,237
10%
50%
90%

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$12.43 - $20.61
(Median)
$12
$16
$21
MEDIAN: $16.00
10%
50%
90%

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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
$29,823 - $50,460  
   
Bonus
$0.00 - $3,001  
Profit Sharing
$310.94 - $4,139  
Commission
$0.00 - $2,442  
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).
)
$27,157 - $48,117  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,252
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
$12.43 - $20.61  
   
Overtime
$17.54 - $31.27  
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 - $3,001  
   
Commission
$0.00 - $2,442  
Profit Sharing
$310.94 - $4,139  
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).
)
$27,157 - $48,117  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 2,372

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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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It's not very common for Accounts Receivable Specialists to move on to become Accounting Managers. Average pay for an Accounting Manager is $59K annually. It is quite typical for Accounts Receivable Specialists to transition into roles as Staff Accountants or Accounts Receivable Managers, where reported median earnings are $7K and $7K higher per year.

Accounts Receivable Specialist Job Listings

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Popular Employer Salaries for Accounts Receivable Specialist


Offering a median salary of only $28K, McKesson Corp. pays the least. Not only that, but the earnings range of $21K to $39K is pretty narrow, too.

Popular Skills for Accounts Receivable Specialist


Accounts Receivable Specialists seem to require a rather large skill set. Most notably, skills in Credit Control, Collections, Accounting, and Accounts Payable are correlated to pay that is above average. Skills that pay less than market rate include Insurance, Medical Coding, and Data Entry. Those educated in Accounts Receivable tend to be well versed in Billing.

Pay by Experience Level for Accounts Receivable Specialist

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


For Accounts Receivable Specialists, experience does not seem to be a major factor in determining pay. 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 $37K. After working for 10 to 20 years, Accounts Receivable Specialists make a median salary of $38K. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.

Pay Difference by Location


For Accounts Receivable Specialists, working in the bustling city of New York has its advantages, including an above-average pay rate. Accounts Receivable Specialists will also find cushy salaries in Seattle (+14 percent), Chicago (+12 percent), Los Angeles (+12 percent), and Atlanta (+11 percent). With compensation 7 percent below the national average, Portland is not known for hefty paychecks and actually represents the lowest-paying market.

Related Job Salaries

United States (change)

Experience Affects Accounts Receivable Specialist Salaries




National Average
$36,000


Skills That Affect Accounts Receivable Specialist Salaries


Collections
up arrow 3%

Accounting
up arrow 3%

Accounts Payable
up arrow 2%

Billing
up arrow 1%

Microsoft Excel
up arrow 1%

Microsoft Office
up arrow 1%

Accounts Receivable
0%

National Average
$36,000

Customer Service
up arrow 1%

Microsoft Word
up arrow 1%

Quickbooks
up arrow 1%

Data Entry
up arrow 3%

Medicaid & Medicare Billing
up arrow 3%

Medical Coding
up arrow 4%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 733 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
2%
1-4 years
29%
5-9 years
25%
10-19 years
29%
20 years or more
14%

Common Health Benefits

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