Accounts Receivable Supervisor Salary
Accounts Receivable Supervisors in the United States tend to have a good amount of experience under their belt — one-half have more than 10 years in the field. While pay runs from $35K to $68K per year, median earnings come to $50K per year. In the world of Accounts Receivable Supervisors, overall income ranges from $35K near the bottom to $68K at the top; this can include more than $9K from bonuses and more than $5K from profit sharing in exceptional cases. Geographic location and career length each impact pay for this group, with the former having the largest influence. Women make up the vast majority of Accounts Receivable Supervisors (88 percent) who answered the questionnaire. A fair number report receiving medical coverage from their employers and a strong majority collect dental insurance. Most Accounts Receivable Supervisors report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
|Salary||$37,894 - $67,851|
|Bonus||$608 - $8,581|
|Profit Sharing||$786 - $5,050|
|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).)
|$35,299 - $67,610|
|Hourly Rate||$14.17 - $25.89|
|Overtime||$16.61 - $36.79|
|Bonus||$608 - $8,581|
|Profit Sharing||$786 - $5,050|
|Total Pay (||$35,299 - $67,610|
Job Description for Accounts Receivable Supervisor
Accounts receivable managers oversee the billing, posting, and collecting of assigned accounts. Main responsibilities include processing claims, managing reports, ensuring late charge billing is done on time, communicating billing issues, auditing accounts, preparing billing adjustments, and ensuring invoices are printed, sorted, and distributed. They should also be prepared to provide relevant training and supervision to staff. Additionally, the supervisor is responsible for planning all aspects of accounts receivable personnel, including holding monthly meetings to review policies and procedures, addressing discrepancies, and recommending changes. An accounts receivable supervisor also must maintain knowledge of current billing and collection regulations, as well as all policies and procedures. They must make effective use of time, materials, and resources by planning, scheduling, and organizing work.Read More...
A bachelor's degree in accounting, business management, or a related field is needed for this position. A minimum of two years' supervisory experience and five years' experience in collections is essential, as is the ability to analyze financial statements. They must be able to maintain a high degree of ethics, integrity, and confidentiality at all times. Strong communication skills are a must, and they must demonstrate strong leadership traits. Extensive knowledge of basic software programs such as the Microsoft Office suite and Oracle, good analytical and problem solving skills, and the ability to establish and maintain effective working relationships with staff, managers, and clients are essential. Maintaining a professional and courteous attitude with clients is important, while staying confident and assertive at the same time.
Accounts Receivable Supervisor Tasks
- Assist Accounts Receivable Manager with analyzing Accounts Receivable reports.
- Supervise all the day-to-day Accounts Receivable and Collection activities.
- Recruit, train, mentor and evaluate all Accounts Receivable/collection staff.
Common Career Paths for Accounts Receivable Supervisor
At the upper end, Accounts Receivable Supervisors who move into an Accounting Manager role can end up with a hefty increase in pay. The average income for Accounting Managers is a much higher $61K per year. It is not uncommon for an Accounts Receivable Supervisor to continue on to become an Accounts Receivable Manager or a Collections Manager.
Popular Skills for Accounts Receivable Supervisor
Accounts Receivable Supervisors generally report applying a varied skill set to their work. Most notably, skills in Financial Analysis, bill collections, Accounts Receivable, and Microsoft Excel are correlated to pay that is above average. Those listing Quickbooks as a skill should be prepared for drastically lower pay. Microsoft Word and Financial Reporting also typically command lower compensation. The majority of those who know Accounts Receivable also know Collections.
Pay by Experience Level for Accounts Receivable Supervisor
Pay by Experience for an Accounts Receivable Supervisor has a positive trend. An entry-level Accounts Receivable Supervisor with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 161 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Receivable Supervisor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $48,000 based on 179 salaries. An experienced Accounts Receivable Supervisor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $50,000 based on 200 salaries. An Accounts Receivable Supervisor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $52,000 based on 88 salaries.
Pay Difference by Location
For those looking to make money, Accounts Receivable Supervisors in New York enjoy an exceptional pay rate, 27 percent above the national average. Accounts Receivable Supervisors will also find cushy salaries in San Jose (+17 percent), San Diego (+12 percent), Chicago (+11 percent), and Toledo (+6 percent). With compensation 16 percent below the national average, Birmingham is not known for hefty paychecks and actually represents the lowest-paying market. Not at the bottom but still paying below the median are employers in Tulsa and Orlando (9 percent less).
Accounts Receivable Supervisor Reviews
Related Job Salaries
Key Stats for Accounts Receivable Supervisor
Rated 5 out of 5
based on 86 votes.