The average hourly pay for an Accounts Receivable Processor is $15.60.
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$12 - $20
$225 - $5,500
$0 - $900
$25,847 - $47,070
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Job Description for Accounts Receivable Processor
Accounts receivable processors receive and keep track of payments on different accounts and other deposits or funds transferred by the company. The accounts receivable processor makes daily deposits of funds collected by the company into specified bank accounts. This position also requires reporting the amount of funds deposited or transferred to the accounting department. Accounts receivable clerks may also contact clients who owe the company money in order to collect funds or make reminders of…Read more
Accounts Receivable Processor Tasks
- Balance daily and month end accounts receivable to general ledger balances.
- Under direction investigate outstanding invoices, make collection calls, negotiate payment terms, and processes liens for collections when necessary.
- Enter data into accounts receivable general ledger accounts.
Accounts Receivable Processor Job Listings
Popular Skills for Accounts Receivable Processor
Avg. Hourly Rate
Skills in Accounts Receivable, Microsoft Excel and Microsoft Office are correlated to pay that is above average. Skills that pay less than market rate include Customer Service and Data Entry.
Pay by Experience Level for Accounts Receivable Processor
An entry-level Accounts Receivable Processor with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $14.14 based on 61 salaries. An early career Accounts Receivable Processor with 1-4 years of experience earns an average total compensation of $15.06 based on 178 salaries. A mid-career Accounts Receivable Processor with 5-9 years of experience earns an average total compensation of $16.50 based on 90 salaries. An experienced Accounts Receivable Processor with 10-19 years of experience earns an average total compensation of $16.80 based on 86 salaries. In their late career (20 years and higher), employees earn an average total compensation of $16.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Accounts Receivable Processor in their job title in New York, New York earn an average of 37.8% more than the national average. These job titles also find higher than average salaries in Houston, Texas (21.8% more). The lowest salaries can be found in Chicago, Illinois (11.4% less), Cleveland, Ohio (8.7% less) and Cincinnati, Ohio (4.9% less).
Years of Experience
This data is based on 451 survey responses.