Accounts Receivable Manager in Chicago, Illinois Salary

How much does an Accounts Receivable Manager make in Chicago, IL? In Chicago, an Accounts Receivable Manager earns around $57,456 annually on average. This is 6% higher than the national average for an Accounts Receivable Manager which is $53,964 annually. Salaries for an Accounts Receivable Manager in Chicago range from $37,500 per year to $91,000 per year. Total Annual Pay, which includes salary, bonus, and overtime for an Accounts Receivable Manager in Chicago ranges from $38,875 to $81,703 annually. Among those reporting, there is an average job satisfaction rating of 0 out of 5 stars. In this profession, there is a pretty equal ratio of male and female in Chicago with men accounting for 50 percent of the population. In Chicago, an Accounts Receivable Manager often enjoys medical, dental, and vision benefits provided by their employer.

$37,500 - $91,000
$38K
$57K
$91K
MEDIAN: $57,456
10%
50%
90%

Add this chart to your site: 640px    300px

$0$91K
Salary $37,500 - $91,000
Bonus $650
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).
)
$38,875 - $81,703
  • Country: United States
  • Currency: USD
  • Updated: 19 Nov 2017
  • Individuals Reporting: 14

Job Description for Accounts Receivable Manager

Accounts receivable (AR) managers are responsible for overseeing the part of a company that deals with money owed to the business. AR managers must manage and coordinate billing and credit related activities such as sending invoices, determining customer credit worthiness and the amount of credit to be extended, attempting to collect on unpaid debts, updating billing records and handling most billing disputes. Some employers may also require that they be responsible for handling commissions and reporting sales tax as well. AR managers usually oversee a team, which may consist of accountants, collectors, analysts, clerks and/or credit professionals. This often varies based on the size of the company. For example, an AR manager at a small company may just oversee a few AR clerks, while a manager at a larger company may oversee a team of ten or more specialists. Regardless of the company’s size and amount of staff, AR managers are usually responsible for hiring, training and evaluating the AR staff.

Read More...

Accounts Receivable Manager Tasks

  • Manage all the day-to-day Accounts Receivable and Collection activities.
  • Research and resolve escalated accounting inquiries develop policies and procedures for the Accounts Receivable department.
  • Produce and analyze Accounts Receivable reports.

About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

Accounts Receivable Manager Job Listings

Pay by Experience Level for Accounts Receivable Manager

Pay by Experience for an Accounts Receivable Manager has a positive trend. An entry-level Accounts Receivable Manager with less than 5 years of experience can expect to earn an average total compensation of $43,000 based on 7 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Receivable Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $59,000 based on 14 salaries. An experienced Accounts Receivable Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $57,000 based on 12 salaries. An Accounts Receivable Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $62,000 based on 6 salaries.

Key Stats for Accounts Receivable Manager

Gender

Female
50 %
Male
50 %
1-4 years
31%
5-9 years
6%
10-19 years
31%
20 years or more
31%

Experience Affects Accounts Receivable Manager Salaries

Late-Career
▲12%

Mid-Career
▲7%

▲4%

National Average
$55,000

Entry-Level
▼22%

Skills That Affect Accounts Receivable Manager Salaries

Collections
▲25%

Microsoft Excel
▲11%

Account Management
▲9%

Customer Service
▼0%

National Average
$55,000


bill collections
▼7%

Billing
▼13%

Gender

Female
50 %
Male
50 %

Years of Experience

1-4 years
31%
5-9 years
6%
10-19 years
31%
20 years or more
31%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 86%
vision benefits
Vision: 71%
no benefits
None: