Accounts Receivable Specialist Salary

Earnings for Accounts Receivable Specialists in the United States come in at around $16.29 per hour on average. Total cash compensation for Accounts Receivable Specialists runs from $28K to $49K depending on bonuses that can occasionally exceed $3K and profit sharing that can reach almost $5K. The most influential factor affecting pay for this group is geographic location, though experience level and the individual firm have a (lesser) impact as well. Female Accounts Receivable Specialists far outnumber their male contemporaries among survey respondents. A strong majority enjoy medical while the larger part get dental coverage. Vision coverage is also available to slightly more than half. The majority of Accounts Receivable Specialists claim high levels of job satisfaction.

$30,512 - $51,280
(Median)
$31K
$40K
$51K
MEDIAN: $39,877
10%
50%
90%

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$12.69 - $20.84
(Median)
$13
$16
$21
MEDIAN: $16.00
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
$30,512 - $51,280  
   
Bonus
$0.00 - $3,077  
Profit Sharing
$293.34 - $5,128  
Commission
$2,000  
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).
)
$27,824 - $48,866  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,484
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
$12.69 - $20.84  
   
Hourly Tips
$5.63  
Overtime
$18.25 - $32.06  
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 - $3,077  
   
Commission
$2,000  
Profit Sharing
$293.34 - $5,128  
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).
)
$27,824 - $48,866  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 2,787
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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 some Accounts Receivable Specialists move into positions like Accounting Manager (where the average salary is $60K), this progression is not the norm. The most common next step for an Accounts Receivable Specialist is to become an Accounts Receivable Manager or a Staff Accountant. The former position pays an additional $6K per year on average, and the latter position pays $7K more per year.

Accounts Receivable Specialist Job Listings

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Popular Employer Salaries for Accounts Receivable Specialist


Conifer Health Solutions offers the largest salaries in town — $32K on average.

The lowest salaries can be found at McKesson Corp. — median pay is $28K — and there is little variation in compensation, with paychecks starting at $22K and only reaching $36K.

Popular Skills for Accounts Receivable Specialist


Accounts Receivable Specialists report using a large range of skills on the job. Most notably, skills in Credit Control, Accounting, Collections, and Microsoft Excel are correlated to pay that is above average. At the other end of the pay range are skills like 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.


Accounts Receivable Specialists do not generally earn higher incomes from more experience in the field. Salaries of relatively inexperienced workers fall in the neighborhood of $35K, but folks who have racked up five to 10 years see a notably higher median of $37K. Accounts Receivable Specialists with one to two decades of relevant experience report an average salary of approximately $38K. 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 $39K on average.

Pay Difference by Location

National Average: $36,515

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

New York is home to an above-average pay rate for Accounts Receivable Specialists, 25 percent higher than the national average. Accounts Receivable Specialists can also look forward to large paychecks in cities like Chicago (+14 percent), Atlanta (+12 percent), Seattle (+11 percent), and Los Angeles (+10 percent). Miami is home to the smallest salaries in the field, lagging the national average by 7 percent. Not at the bottom but still paying below the median are employers in Portland and Orlando (7 percent lower and 6 percent lower, respectively).

Related Job Salaries

United States (change)

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Experience Affects Accounts Receivable Specialist Salaries




National Average
$37,000


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
$37,000

Microsoft Word
up arrow 1%

Quickbooks
up arrow 1%

Customer Service
up arrow 2%

Data Entry
up arrow 4%




Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 766 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
2%
1-4 years
31%
5-9 years
25%
10-19 years
28%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 67%
medical benefits
Vision: 54%
dental benefits
None: 18%
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