Accounts Receivable Specialist Salary

Pay for Accounts Receivable Specialists in the United States sits in the ballpark of $16.91 per hour. Including potential for bonuses and profit sharing — peaking near $5K and $9K, respectively — total cash payment to Accounts Receivable Specialists can bottom out near $29K or peak near $51K depending on individual performance. Compensation for this group is mainly affected by location, but the specific employer and experience level are influential factors as well. The vast majority of Accounts Receivable Specialists (85 percent) who responded to the survey are women. A strong majority enjoy medical while the greater part get dental coverage. Vision coverage is also available to more than half. Work is enjoyable for Accounts Receivable Specialists, who typically claim high levels of job satisfaction.

$32,279 - $54,425
$32K
$42K
$54K
MEDIAN: $42,318
10%
50%
90%

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$13.14 - $22.09
$13
$17
$22
MEDIAN: $17.01
10%
50%
90%

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$0$54K
Salary $32,279 - $54,425
Bonus $307.07 - $4,969
Profit Sharing $201.34 - $8,893
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).
)
$28,923 - $51,078
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 1,057
Hourly Data $0$33
Hourly Rate $13.14 - $22.09
Overtime $19.65 - $33.39
Annual Data $0$51K
Bonus $307.07 - $4,969
Commission $1,708
Profit Sharing $201.34 - $8,893
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).
)
$28,923 - $51,078
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 2,179

Find Out Exactly What You Should Be Paid

United States (change)

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 do not often transition into Accounting Manager roles. The role averages $61K per year. 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


Those at Providence Hospital can expect to make the most, with the company offering a median salary of $36K.

Popular Skills for Accounts Receivable Specialist


Survey results imply that Accounts Receivable Specialists deploy a substantial tool kit of skills at work. Most notably, skills in Credit Control, Accounting, bill collections, and Accounts Payable are correlated to pay that is above average. At the other end of the pay range are skills like Medical Coding, Medicaid & Medicare Billing, and Insurance. Most people experienced in Accounts Receivable also know 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: $38,145

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

Home to some of the best pay for Accounts Receivable Specialists, San Francisco offers exceptional salaries, 24 percent above the national average. Accounts Receivable Specialists can also look forward to large paychecks in cities like New York (+23 percent), Chicago (+14 percent), Seattle (+10 percent), and San Diego (+9 percent). The smallest paychecks in the market, 9 percent south of the national average, can be found in Jacksonville. 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
86 %
Male
14 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 595 votes.
Less than 1 year
3%
1-4 years
36%
5-9 years
19%
10-19 years
26%
20 years or more
15%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Accounts Receivable Specialist Salaries

▲7%

▲3%

National Average
$38,000

▼1%

▼7%

Skills That Affect Accounts Receivable Specialist Salaries


▲2%




National Average
$38,000

▼1%

Accounts Receivable
▼2%




▼5%

▼6%

▼10%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 595 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
3%
1-4 years
36%
5-9 years
19%
10-19 years
26%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 69%
vision benefits
Vision: 59%
no benefits
None: 19%
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