Avg. Base Hourly Rate (USD)
The average hourly pay for an Accounts Receivable Specialist is $19.74 in 2023
What is the Pay by Experience Level for Accounts Receivable Specialists?
An entry-level Accounts Receivable Specialist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $17.89 based on 83 salaries. An early career Accounts Receivable Specialist with 1-4 years of experience earns an average total compensation of $18.83 based …Read more
What Do Accounts Receivable Specialists Do?
Accounts receivable specialists have many different roles which revolve around collecting information on both customer and company accounts. They also ensure that company policies pertaining to spending money are adhered to and determine which accounts should be referred to a collection agency.
A high school diploma is a minimum requirement for this position, and college credits in mathematics and business-related subjects are highly beneficial. At least two years of accounting experience in …Read more
- Locate and notify customers of delinquent accounts by mail or telephone.
- Prepare statements to credit department if customer fails to respond.
- Monitor overdue accounts, receive payments and post amounts paid to customer accounts.
How do Accounts Receivable Specialists Rate Their Jobs?
FAQs About Accounts Receivable Specialists
What is the highest pay for Accounts Receivable Specialists?
Our data indicates that the highest pay for an Accounts Receivable Specialist is $25.60 / hour
What is the lowest pay for Accounts Receivable Specialists?
Our data indicates that the lowest pay for an Accounts Receivable Specialist is $15.62 / hour
How can Accounts Receivable Specialists increase their salary?
Increasing your pay as an Accounts Receivable Specialist is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Accounts Receivable Specialist that oversees more junior Accounts Receivable Specialists, this experience can increase the likelihood to earn more.