Accounts Receivable Supervisor Salary
Accounts Receivable Supervisors in the United States with more than 10 years of experience in their profession represent over one-half of Accounts Receivable Supervisors. Salaries average out to around $50K annually and spread from $36K to $67K per year. Including potential for bonuses and profit sharing — peaking near $8K and $6K, respectively — total cash payment to Accounts Receivable Supervisors can bottom out near $36K or peak near $67K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by years of experience. Most Accounts Receivable Supervisors report high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. Women account for the majority of Accounts Receivable Supervisors who took the survey — 86 percent to be exact. Respondents to the PayScale salary survey provided the data for this report.
|Salary||$37,666 - $68,002|
|Bonus||$723 - $8,309|
|Profit Sharing||$455.49 - $5,970|
|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).)
|$35,712 - $67,337|
|Hourly Rate||$14.65 - $25.05|
|Overtime||$16.85 - $35.97|
|Bonus||$723 - $8,309|
|Profit Sharing||$455.49 - $5,970|
|Total Pay (||$35,712 - $67,337|
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
As Accounts Receivable Supervisors transition into upper-level roles such as Accounting Manager, they may see a strong upturn in salary. Accounting Managers earn $61K on average per year. An Accounts Receivable Supervisor often moves on to become an Accounts Receivable Manager or a Collections Manager.
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Popular Skills for Accounts Receivable Supervisor
Accounts Receivable Supervisors seem to require a number of specific skills. Most notably, skills in Financial Analysis, Accounts Receivable, bill collections, 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. Most people familiar with Accounts Receivable also know Collections.
Pay by Experience Level for Accounts Receivable Supervisor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Accounts Receivable Supervisors, more experience in the field does not usually mean bigger paychecks. Salaries for inexperienced workers average out to $48K, and those with five to 10 years' experience earn a higher median of $46K. On average, Accounts Receivable Supervisors make $50K following one to two decades on the job. More than 20 years of experience mean a somewhat bigger median paycheck of $51K, but it's not much more than what less experienced people make.
Pay Difference by Location
Surpassing the national average by 25 percent, Accounts Receivable Supervisors in New York receive some of the highest pay in the country. Accounts Receivable Supervisors can also look forward to large paychecks in cities like San Jose (+17 percent), San Diego (+13 percent), Chicago (+12 percent), and Dallas (+9 percent). Falling short of the national average by 16 percent, the area with the worst salaries is Birmingham. Employers in Tulsa and Orlando also lean toward paying below-median salaries (8 percent lower and 7 percent lower, respectively).
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