Accounts Receivable Specialist Salary

Average Accounts Receivable Specialists in the United States make around $16.16 per hour. Total incomes of Accounts Receivable Specialists incorporate potential for, in a few cases, more than $3K from bonuses and close to $5K from profit sharing; these performance components cause packages to range between $27K and $48K. The most important factor affecting compensation for this group is location, followed by tenure and the specific company. Most workers in this position report high levels of job satisfaction. Medical benefits are awarded to a fair number, and the larger part earn dental coverage. Women make up the vast majority of Accounts Receivable Specialists (88 percent) who answered the questionnaire. This snapshot results from replies to PayScale's salary survey.

$30,007 - $50,580

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$12.50 - $20.66

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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$17K$34K$51K
Salary
$30,007 - $50,580  
   
Bonus
$0.00 - $2,991  
Profit Sharing
$296.07 - $4,966  
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).
)
$27,351 - $48,149  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 1,316
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$11$22$33
Hourly Rate
$12.50 - $20.66  
   
Overtime
$17.82 - $31.48  
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$22K$44K$66K
Bonus
$0.00 - $2,991  
   
Commission
$0.00 - $2,442  
Profit Sharing
$296.07 - $4,966  
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).
)
$27,351 - $48,149  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 2,490
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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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Accounts Receivable Specialists sometimes assume positions such as Accounting Managers. That role pays $60K per year on average. Accounts Receivable Specialists typically move into roles as Staff Accountants or Accounts Receivable Managers, and those positions pay $7K more and $7K more, respectively.

Accounts Receivable Specialist Job Listings

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Popular Employer Salaries for Accounts Receivable Specialist


The biggest paychecks can be found at Conifer Health Solutions — the median salary there is $32K.

Not only do salaries lack room to grow — pay ranges from $21K to just $36K — but McKesson Corp. offers the lowest pay in town to boot, with a median paycheck of $29K.

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 Medicaid & Medicare Billing. Most people skilled in Accounts Receivable are similarly competent 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, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher 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. For Accounts Receivable Specialists, 10 to 20 years of experience on the job amounts to an average 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, New York provides a pay rate that is 25 percent greater than the national average. Accounts Receivable Specialists will also find cushy salaries in Chicago (+14 percent), Seattle (+13 percent), Atlanta (+13 percent), and Los Angeles (+12 percent). Those in the field find the lowest salaries in Miami, 9 percent below the national average. Not at the bottom but still paying below the median are employers in Portland and Charlotte (8 percent lower and 5 percent lower, respectively).

Related Job Salaries

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Experience Affects Accounts Receivable Specialist Salaries




National Average
$36,000


Skills That Affect Accounts Receivable Specialist Salaries


Collections
up arrow 2%

Accounting
up arrow 2%

Microsoft Excel
up arrow 1%

Accounts Payable
up arrow 1%

Accounts Receivable
0%

Billing
0%

Microsoft Office
0%

National Average
$36,000

Customer Service
up arrow 2%

Microsoft Word
up arrow 2%

Quickbooks
up arrow 2%

Data Entry
up arrow 4%




Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 722 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
2%
1-4 years
30%
5-9 years
25%
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: 19%
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