$42,428
Avg. Salary
$17.31
Avg. Hourly Rate

Average additional compensation:

$1,504

Bonus

$1,639

Profit Sharing

$1,500

Commission

What am I worth?
How should I pay?

The average pay for an Accounts Receivable Specialist is $17.31 per hour.

The average pay for an Accounts Receivable Specialist is $42,428 per year.

10%
$13.42
10%
$17.31
50%
$22.42
90%
90%
MEDIAN $17.31
10%
$32k
10%
$42k
50%
$55k
90%
90%
MEDIAN $42,428
$32,137 - $54,723
$32K
$42K
$55K
MEDIAN: $42,428
10%
50%
90%

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$13.42 - $22.42
$13
$17
$22
MEDIAN: $17.31
10%
50%
90%

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$0$54K
Salary $32,137 - $54,723
Bonus $314 - $4,938
Profit Sharing $388 - $9,067
Commission $1,500
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).
)
$29,280 - $51,385
  • Country: United States
  • Currency: USD
  • Updated: 16 Mar 2019
  • Individuals Reporting: 2,017
Hourly Data $0$33
Hourly Rate $13.42 - $22.42
Overtime $19.70 - $33.52
Annual Data $0$51K
Bonus $314 - $4,938
Commission $1,500
Profit Sharing $388 - $9,067
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).
)
$29,280 - $51,385
  • Country: United States
  • Currency: USD
  • Updated: 16 Mar 2019
  • Individuals Reporting: 4,248

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.

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.

Accounts Receivable Specialist Pay By Employer

$0$45K

McKesson Corp.
22 profiles
$26,368

$37,125

Intermedix
6 profiles
$26,624

$38,470

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: $38,606

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 Advice

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

Accounts Receivable Specialist in New York:
"Not what it appears."
Sometimes reading a review on a company is now enough. If possible review their financial records, grow track records, and learn how often employees are hired, fired and resign. Sometimes the proof is in the pudding. Also don't depend on first impression only. Many people and compqnoes try hard to impress, and later you'll discover their true colors and by then it may be too late.

Accounts Receivable Specialist in Kansas City:
"Business To Business."
Ask as many questions as you can. Each day brings something different and new. Enjoy learning about process and procedure. Understand when deadlines are for your level of responsibility when it comes to month end reporting.

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 Morristown:
"What I Wish I Knew Before I Went To College."
Continuing education is key - don't limit yourself when you graduate to one type of job - see where the future takes you.

Accounts Receivable Specialist in Chicago:
"Reliable, Pro-Active, Communicate, Dedicate."
Provide great communication and always be pro-active and resolve the matter as it was your own issue.

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.

Accounts Receivable Specialist in Baton Rouge:
"I Wish I'd Have Been A CPA."
Stay away from medical field. Outsourcing is happening more and more. Insurance companies have too many hoops to jump through in order to get a claim paid. The amount that insurance companies pay to the provider is so much lower than it was 10-15 years ago. It's a sad sad situation.

Related Job Salaries

Key Stats for Accounts Receivable Specialist

Gender

Female
85 %
Male
15 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 1202 votes.
Less than 1 year
3%
1-4 years
35%
5-9 years
20%
10-19 years
26%
20 years or more
15%

Experience Affects Accounts Receivable Specialist Salaries

▲6%

▲2%

National Average
$39,000

▼2%

▼9%

Skills That Affect Accounts Receivable Specialist Salaries


▲1%


National Average
$39,000



Accounts Receivable
▼3%

▼3%




▼6%

▼7%

▼11%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 1202 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
3%
1-4 years
35%
5-9 years
20%
10-19 years
26%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 68%
vision benefits
Vision: 58%
no benefits
None: 20%