Accounts Receivable Specialist Salary

Accounts Receivable Specialists in the United States pull down an average of $16.65 per hour. With some bonuses approaching $5K and certain profit sharing proceeds approaching $9K, overall incomes of Accounts Receivable Specialists spread between $29K and $50K depending on individual performance. Compensation for this group is mainly affected by residence, but the company and experience level are influential factors as well. The vast majority of Accounts Receivable Specialists (85 percent) who participated in the survey are women. A fair number report receiving medical coverage from their employers and a majority collect dental insurance. Job satisfaction for Accounts Receivable Specialists is high. The data for this synopsis comes from respondents who took the PayScale salary survey.

$31,790 - $52,934
$32K
$42K
$53K
MEDIAN: $41,721
10%
50%
90%

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$13.03 - $21.60
$13
$17
$22
MEDIAN: $16.65
10%
50%
90%

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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$18K$36K$54K
Salary
$31,790 - $52,934  
   
Bonus
$299.33 - $4,909  
Profit Sharing
$100.00 - $9,099  
Commission
$1,000  
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).
)
$28,702 - $50,326  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,034
© PayScale, Inc. @ www.payscale.com
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$12$24$36
Hourly Rate
$13.03 - $21.60  
   
Overtime
$19.38 - $33.27  
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$24K$48K$72K
Bonus
$299.33 - $4,909  
   
Commission
$1,000  
Profit Sharing
$100.00 - $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).
)
$28,702 - $50,326  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 2,085
© PayScale, Inc. @ www.payscale.com

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

  • 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 do not often transition into Accounting Manager roles. The role averages $61K per year. Accounts Receivable Specialists typically move into roles as Staff Accountants or Accounts Receivable Managers, and those positions pay $7K more and $6K more, respectively.

Accounts Receivable Specialist Job Listings

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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


Accounts Receivable Specialists seem to exploit a large range of skills on the job. 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. For most people, competency in Accounts Receivable indicates knowledge of Collections.

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, more experience in the field does not usually mean bigger paychecks. The average beginner in this position makes around $35K, but folks who have been around for five to 10 years see a markedly higher median salary of $38K. On average, Accounts Receivable Specialists make $39K following one to two decades on the job. Accounts Receivable Specialists who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $41K on average.

Pay Difference by Location

National Average: $37,375

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

For those looking to make money, Accounts Receivable Specialists in San Francisco enjoy an exceptional pay rate, 27 percent above the national average. Accounts Receivable Specialists will also find cushy salaries in New York (+25 percent), Chicago (+16 percent), Seattle (+12 percent), and San Diego (+10 percent). Falling short of the national average by 7 percent, the area with the worst salaries is Jacksonville. Below-median salaries also turn up in Miami and Cincinnati (6 percent lower and 5 percent lower, respectively).

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 458 votes.
Less than 1 year
3%
1-4 years
35%
5-9 years
21%
10-19 years
27%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Accounts Receivable Specialist Salaries

▲9%

▲6%

▲1%

National Average
$37,000

▼6%

Skills That Affect Accounts Receivable Specialist Salaries


▲4%




▲1%

Accounts Receivable
▼0%

National Average
$37,000




▼3%

▼4%

▼8%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 458 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
3%
1-4 years
35%
5-9 years
21%
10-19 years
27%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 68%
vision benefits
Vision: 57%
dental benefits
None: 19%
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