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Accounts Receivable Specialist Salary

The average Accounts Receivable Specialist in the United States can expect to rake in roughly $16.15 per hour. Including potential for bonuses and profit sharing — peaking near $3K and $5K, respectively — total cash payment to Accounts Receivable Specialists can bottom out near $27K or peak near $48K depending on individual performance. Residence is the main element affecting pay for this group — tenure and the specific company are driving factors as well. Most Accounts Receivable Specialists like their work and job satisfaction is high. Female Accounts Receivable Specialists far outnumber their male contemporaries among survey respondents. Medical benefits are awarded to a fair number, and the larger part earn dental coverage. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$29,843 - $50,415
(Median)
$30K
$39K
$50K
MEDIAN: $39,257
10%
50%
90%

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$12.45 - $20.68
(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
$29,843 - $50,415  
   
Bonus
$0.00 - $2,996  
Profit Sharing
$412.17 - $4,751  
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).
)
$27,227 - $48,143  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,276
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
$12.45 - $20.68  
   
Overtime
$17.59 - $31.35  
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 - $2,996  
   
Commission
$0.00 - $2,442  
Profit Sharing
$412.17 - $4,751  
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).
)
$27,227 - $48,143  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 2,407

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United States (change)


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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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Though it's uncommon, some Accounts Receivable Specialists move into roles as Accounting Managers, where pay is an average $59K per year. 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


The consistently lowest paying firm is McKesson Corp., where the median salary is just $28K. There isn't much variation there, either; the pay scale ranges only from $21K to $39K.

Popular Skills for Accounts Receivable Specialist


Accounts Receivable Specialists report using 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. Skills that seem to negatively impact pay include Insurance, Medical Coding, and Data Entry. Most people familiar with 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. Salaries for the relatively untried average out to around $34K, but survey participants with five to 10 years of experience earn a significantly higher median of $37K. On average, Accounts Receivable Specialists make $38K following one to two decades on the job. Veterans who have surpassed the 20-year mark may make no more than those who are navigating the mid-career stage.

Pay Difference by Location


For those looking to make money, Accounts Receivable Specialists in New York enjoy an exceptional pay rate, 25 percent above the national average. Accounts Receivable Specialists will also find cushy salaries in Seattle (+13 percent), Chicago (+13 percent), Los Angeles (+12 percent), and Atlanta (+12 percent). The smallest paychecks in the market, 7 percent south of the national average, can be found in Portland. A couple other locations with smaller-than-average paychecks include Charlotte (5 percent lower) and Austin (2 percent lower).

Related Job Salaries

 
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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%

Billing
up arrow 1%

Microsoft Excel
up arrow 1%

Microsoft Office
up arrow 1%

Accounts Payable
up arrow 1%

Accounts Receivable
0%

National Average
$36,000

Customer Service
up arrow 1%

Microsoft Word
up arrow 2%

Quickbooks
up arrow 2%

Data Entry
up arrow 4%

Medicaid & Medicare Billing
up arrow 4%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 735 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
29%
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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