$17.05
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$1,494

Profit Sharing

$1,628

Commission

$2,000

Pay for Accounts Receivable Specialists in the United States sits in the ballpark of $16.91 per hour. Including potential for bonuses and profit sharing — peaking near $5K and $9K, respectively — total cash payment to Accounts Receivable Specialists can bottom out near $29K or peak near $51K depending on individual performance. Compensation for this group is mainly affected by location, but the specific employer and experience level are influential factors as well. The vast majority of Accounts Receivable Specialists (85 percent) who responded to the survey are women. A strong majority enjoy medical while the greater part get dental coverage. Vision coverage is also available to more than half. Work is enjoyable for Accounts Receivable Specialists, who typically claim high levels of job satisfaction.

$31,934 - $53,914
$32K
$42K
$54K
MEDIAN: $41,907
10%
50%
90%

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$13.19 - $22.12
$13
$17
$22
MEDIAN: $17.05
10%
50%
90%

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$0$53K
Salary $31,934 - $53,914
Bonus $302 - $4,971
Profit Sharing $280 - $9,002
Commission $0.00 - $15,781
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).
)
$28,888 - $51,051
  • Country: United States
  • Currency: USD
  • Updated: 15 Jul 2018
  • Individuals Reporting: 2,068
Hourly Data $0$33
Hourly Rate $13.19 - $22.12
Hourly Tips $5.63
Overtime $19.57 - $33.44
Annual Data $0$51K
Bonus $302 - $4,971
Commission $0.00 - $15,781
Profit Sharing $280 - $9,002
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).
)
$28,888 - $51,051
  • Country: United States
  • Currency: USD
  • Updated: 15 Jul 2018
  • Individuals Reporting: 4,106

Job Description for Accounts Receivable Specialist

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.

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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.

Popular Employer Salaries for Accounts Receivable Specialist


Those at Providence Hospital can expect to make the most, with the company offering a median salary of $36K.

Common Career Paths for Accounts Receivable Specialist


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Accounts Receivable Specialists do not often transition into Accounting Manager roles. The role averages $61K per year. Staff Accountants or Accounts Receivable Managers are common next-step roles for Accounts Receivable Specialists moving up in their careers; annual pay for Staff Accountants is $6K higher on average, and it's $5K higher for Accounts Receivable Managers.

Accounts Receivable Specialist Job Listings

Popular Skills for Accounts Receivable Specialist


Survey results imply that Accounts Receivable Specialists deploy a substantial tool kit of skills at work. Most notably, skills in Credit Control, Accounting, bill collections, and Accounts Payable are correlated to pay that is above average. At the other end of the pay range are skills like Medical Coding, Medicaid & Medicare Billing, and Insurance. Most people experienced in Accounts Receivable also know Collections.

Pay by Experience Level for Accounts Receivable Specialist

Pay by Experience for an Accounts Receivable Specialist has a positive trend. An entry-level Accounts Receivable Specialist with less than 5 years of experience can expect to earn an average total compensation of $35,000 based on 1,421 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Receivable Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $38,000 based on 966 salaries. An experienced Accounts Receivable Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $39,000 based on 1,024 salaries. An Accounts Receivable Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $41,000 based on 452 salaries.

Pay Difference by Location

National Average: $38,204

Larger city markers indicate a job is popular in that location.

Home to some of the best pay for Accounts Receivable Specialists, San Francisco offers exceptional salaries, 24 percent above the national average. Accounts Receivable Specialists can also look forward to large paychecks in cities like New York (+23 percent), Chicago (+14 percent), Seattle (+10 percent), and San Diego (+9 percent). The smallest paychecks in the market, 9 percent south of the national average, can be found in Jacksonville. A couple other locations with smaller-than-average paychecks include Miami (7 percent lower) and Cincinnati (6 percent lower).

Accounts Receivable Specialist Reviews

Q: What is it like working as an Accounts Receivable Specialist?

Accounts Receivable Specialist in Greensboro:
"Evolving."
Pros: Learn new things almost everyday which I like. Supervisors are always there to help out of you need help. Flexible work schedule.
Cons: Standards for production seem a little high and the pay is on the low end for what all we have to know and do on a daily basis.

Accounts Receivable Specialist in Temecula:
"Stressful."
Pros: The people I work with are amazing.
Cons: Collections.

Accounts Receivable Specialist in Farmers Branch:
Pros: Being able to overcome the challenge of collecting money. Billing contract jobs.
Cons: Phone calls.

Accounts Receivable Specialist in Chino:
"AR."
Pros: Its fast paced, so the day goes by fast.
Cons: Poorly structured. Very little training. Management is constantly looking for direction from owner who likes everything tight gripped. Family owned business with family members in management positions.

Related Job Salaries

Key Stats for Accounts Receivable Specialist

Gender

Female
86 %
Male
14 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 1053 votes.
Less than 1 year
3%
1-4 years
35%
5-9 years
21%
10-19 years
27%
20 years or more
15%

Experience Affects Accounts Receivable Specialist Salaries

▲7%

▲3%

National Average
$38,000

▼1%

▼8%

Skills That Affect Accounts Receivable Specialist Salaries


▲2%



National Average
$38,000


Accounts Receivable
▼2%

▼2%




▼5%

▼6%

▼10%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 1053 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
3%
1-4 years
35%
5-9 years
21%
10-19 years
27%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 68%
vision benefits
Vision: 57%
no benefits
None: 19%