Accounts Receivable Specialist Salary

Pay for Accounts Receivable Specialists in the United States sits in the ballpark of $16.17 per hour. In the world of Accounts Receivable Specialists, overall income ranges from $27K near the bottom to $48K at the top; this can include more than $3K from bonuses and more than $5K from profit sharing in exceptional cases. Compensation for this group is mainly affected by geographic location, but career duration and the individual firm are influential factors as well. There are far more female Accounts Receivable Specialists who answered the questionnaire than men, making up 88 percent. A fair number enjoy medical while the greater part get dental coverage. Vision coverage is also available to slightly more than half. For the most part, Accounts Receivable Specialists enjoy their work and report high levels of job satisfaction.

$29,980 - $50,526
(Median)
$30K
$39K
$51K
MEDIAN: $39,410
10%
50%
90%

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$12.50 - $20.67
(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
$29,980 - $50,526  
   
Bonus
$0.00 - $3,024  
Profit Sharing
$295.15 - $5,000  
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).
)
$27,349 - $48,153  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,304
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
$12.50 - $20.67  
   
Overtime
$17.79 - $31.42  
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 - $3,024  
   
Commission
$0.00 - $2,442  
Profit Sharing
$295.15 - $5,000  
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).
)
$27,349 - $48,153  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 2,469
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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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While Accounts Receivable Specialists do not often become Accounting Managers, the job pays $60K per year on average. A common career progression for an Accounts Receivable Specialist is to become a Staff Accountant or an Accounts Receivable Manager. Compared to Accounts Receivable Specialists, the first group earns $7K more on average, and the second group earns $7K more.

Accounts Receivable Specialist Job Listings

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Popular Employer Salaries for Accounts Receivable Specialist


Pay for Accounts Receivable Specialists is the lowest at McKesson Corp., which has a median salary of $28K. In addition, there's little room to grow there, with salaries maxing out at $36K.

Popular Skills for Accounts Receivable Specialist


Accounts Receivable Specialists seem to exploit a large range of skills on the job. Most notably, skills in Credit Control, Collections, Accounting, and Accounts Payable are correlated to pay that is above average. Skills that seem to negatively impact pay include Insurance, Medical Coding, and Medicaid & Medicare Billing. Those proficient in Accounts Receivable are, more often than not, also skilled in Billing.

Pay by Experience Level for Accounts Receivable Specialist

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


For many Accounts Receivable Specialists, extensive experience does not lead to significantly more money. Salaries of relatively inexperienced workers fall in the neighborhood of $34K, but folks who have racked up five to 10 years see a notably higher median of $37K. Accounts Receivable Specialists who work for 10 to 20 years in their occupation tend to earn about $38K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $39K on average.

Pay Difference by Location


Home to some of the best pay for Accounts Receivable Specialists, New York offers exceptional salaries, 24 percent above the national average. Accounts Receivable Specialists will also find cushy salaries in Chicago (+14 percent), Atlanta (+13 percent), Seattle (+13 percent), and Los Angeles (+12 percent). Miami ranks last in the field for pay, reporting salaries 10 percent below the national average. Below-median salaries also turn up 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%

Medicaid & Medicare Billing
up arrow 4%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 723 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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