The average hourly pay for an Accounts Receivable Specialist is $18.13.
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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 an…Read more
Accounts Receivable Specialist Tasks
- 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.
Job Satisfaction for Accounts Receivable Specialist
Popular Employer Salaries for Accounts Receivable Specialist
The top respondents for the job title Accounts Receivable Specialist are from the companies Cintas Corporation, McKesson Corp. and LabCorp of America. Reported salaries are highest at Cintas Corporation where the average pay is $18.10. Other companies that offer high salaries for this role include Beaumont Health and Ensemble, earning around $16.13 and $16.06, respectively. LabCorp of America pays the lowest at around $12.31. McKesson Corp. and Hospice Compassus also pay on the lower end of the scale, paying $12.97 and $14.69, respectively.
Explore the most common career paths for Accounts Receivable Specialist. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner
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Accounts Receivable Specialist
Accounts Receivable Manager
Accounts Receivable Supervisor
Somewhat common (8 - 20%)
Accounts Receivable Specialist Job Listings
What Are Popular Skills for Accounts Receivable Specialists?
Skills in Accounts Receivable, Bill Collections, Billing and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Customer Service.
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 $15.91 based on 143 salaries. An early career Accounts Receivable Specialist with 1-4 years of experience earns an average total compensation of $17.26 based on 1,939 salaries. A mid-career Accounts Receivable Specialist with 5-9 years of experience earns an average total compensation of $18.35 based on 1,079 salaries. An experienced Accounts Receivable Specialist with 10-19 years of experience earns an average total compensation of $19.00 based on 1,346 salaries. In their late career (20 years and higher), employees earn an average total compensation of $20.
Pay Difference by Location
Employees with Accounts Receivable Specialist in their job title in Los Angeles, California earn an average of 11.4% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (10.8% more) and New York, New York (10.5% more).
Years of Experience
This data is based on 5,410 survey responses.