Accounts Receivable Specialist Salary

Accounts Receivable Specialists in the United States can expect to earn an average of $16.85 per hour. In the world of Accounts Receivable Specialists, total cash compensation can vary between $29K and $51K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $5K and $9K, respectively. While the specific employer and experience level impact pay for this group, geography is the most influential factor. A strong majority report receiving medical coverage from their employers and more than half collect dental insurance. Female Accounts Receivable Specialists far outnumber their male contemporaries among survey respondents. Work is enjoyable for Accounts Receivable Specialists, who typically claim high levels of job satisfaction. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$32,274 - $54,164
$32K
$42K
$54K
MEDIAN: $42,463
10%
50%
90%

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$13.04 - $21.94
$13
$17
$22
MEDIAN: $16.85
10%
50%
90%

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$0$54K
Salary $32,274 - $54,164
Bonus $306.17 - $4,877
Profit Sharing $200.00 - $9,099
Commission $1,708
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).
)
$28,778 - $50,918
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 1,067
Hourly Data $0$33
Hourly Rate $13.04 - $21.94
Overtime $19.75 - $33.28
Annual Data $0$50K
Bonus $306.17 - $4,877
Commission $1,708
Profit Sharing $200.00 - $9,099
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).
)
$28,778 - $50,918
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 2,162

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Accounts Receivable Specialist

Accounts receivable specialists have many different roles which revolve around collecting information on both customer and company accounts. They also ensure that company policies pertaining to spending money are adhered to and determine which accounts should be referred to a collection agency.

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Accounts Receivable Specialist Tasks

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

Common Career Paths for Accounts Receivable Specialist


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Accounts Receivable Specialists sometimes assume positions such as Accounting Managers. That role pays $61K per year on average. Staff Accountants or Accounts Receivable Managers are common next-step roles for Accounts Receivable Specialists moving up in their careers; annual pay for Staff Accountants is $6K higher on average, and it's $5K higher for Accounts Receivable Managers.

Accounts Receivable Specialist Job Listings

Popular Employer Salaries for Accounts Receivable Specialist


Providence Hospital offers the highest compensation with a median salary of $36K.

Popular Skills for Accounts Receivable Specialist


Survey takers working as Accounts Receivable Specialists report using a large range of professional skills. Most notably, skills in Credit Control, Accounting, bill collections, and Accounts Payable are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Medical Coding, Medicaid & Medicare Billing, and Insurance. Those educated in Accounts Receivable tend to be well versed in Collections.

Pay by Experience Level for Accounts Receivable Specialist

Pay by Experience for an Accounts Receivable Specialist has a positive trend. An entry-level Accounts Receivable Specialist with less than 5 years of experience can expect to earn an average total compensation of $35,000 based on 1,421 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Receivable Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $38,000 based on 966 salaries. An experienced Accounts Receivable Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $39,000 based on 1,024 salaries. An Accounts Receivable Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $41,000 based on 452 salaries.

Pay Difference by Location

National Average: $37,876

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

Surpassing the national average by 25 percent, Accounts Receivable Specialists in San Francisco receive some of the highest pay in the country. Accounts Receivable Specialists can also look forward to large paychecks in cities like New York (+23 percent), Chicago (+15 percent), Seattle (+10 percent), and San Diego (+9 percent). Those in the field find the lowest salaries in Jacksonville, 9 percent below the national average. A couple other locations with smaller-than-average paychecks include Miami (7 percent lower) and Cincinnati (6 percent lower).

Accounts Receivable Specialist Reviews

Q: What is it like working as an Accounts Receivable Specialist?

Accounts Receivable Specialist in Temecula:
"Stressful."
Pros: The people I work with are amazing.
Cons: Collections.

Accounts Receivable Specialist in Farmers Branch:
Pros: Being able to overcome the challenge of collecting money. Billing contract jobs.
Cons: Phone calls.

Accounts Receivable Specialist in Chino:
"AR."
Pros: Its fast paced, so the day goes by fast.
Cons: Poorly structured. Very little training. Management is constantly looking for direction from owner who likes everything tight gripped. Family owned business with family members in management positions.

Related Job Salaries

Key Stats for Accounts Receivable Specialist

Gender

Female
85 %
Male
15 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 560 votes.
Less than 1 year
3%
1-4 years
35%
5-9 years
20%
10-19 years
27%
20 years or more
15%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Accounts Receivable Specialist Salaries

▲8%

▲4%

▼0%

National Average
$38,000

▼7%

Skills That Affect Accounts Receivable Specialist Salaries


▲3%




National Average
$38,000

Accounts Receivable
▼1%

▼1%



▼4%


▼5%

▼9%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 560 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
3%
1-4 years
35%
5-9 years
20%
10-19 years
27%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 69%
vision benefits
Vision: 58%
no benefits
None: 19%
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