Bookkeeper with Accounts Receivable Skills in Chicago, Illinois Salary
A Bookkeeper with Accounts Receivable skills in Chicago, Illinois earns an average salary of $45,369 per year. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.
|Salary||$30,201 - $55,580|
|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).)
|$27,835 - $57,440|
|Hourly Rate||$11.40 - $27.15|
|Total Pay (||$27,835 - $57,440|
Job Description for Bookkeeper
As a bookkeeper one can expect to work in close proximity with a business or company in order to ensure that the most economically viable and safe decisions are made in order to keep finances tight and under control. A bookkeeper should have vast knowledge of QuickBooks, or a similar a computer accounting program, in order to track and record the financial transactions and records of a company. Strong MS-Excel skills are also a must in most companies. Part of the bookkeeping process also includes calculating, recording, and balancing financial reports, including payroll. Therefore, a bookkeeper will need to maintain a healthy relationship with employees in order to communicate and work out changes in salaries, changes to benefits, and other changes to an employee’s pay. A bookkeeper will also work closely with managers or business owners to help ensure that smart decisions are made when selling company assets or evaluating said company’s total revenue, profits, losses, and financial position. In order to communicate the aforementioned information fully and thoroughly bookkeepers will also be responsible for creating many reports, usually these reports will be generated once a month, semiannually, or annually. Other responsibilities that a bookkeeper may have include creating reports for information pertaining to retirement and payroll, entering changes to employee payroll records (often through Quickbooks), and handling voluntary and involuntary deductions. Usually, a bookkeeper will also be in charge of paying the many expenses a business incurs. These expenses usually include things like electricity, internet, office supplies, credit card bills, phone bills, and whatever other expenses a business may incur through its operations. (Copyright 2018 PayScale.com)
- Calculate, key, total, and balance substitute payrolls.
- Handle voluntary and involuntary deductions.
- Enter changes to employee payroll records.
- Create reports for information pertaining to retirement and payroll.
- Communicate with employees regarding changes in salary, benefits, etc.
Bookkeeper Job Listings
Pay by Experience Level for Bookkeeper
Pay by Experience for a Bookkeeper has a positive trend. An entry-level Bookkeeper with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 13 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Bookkeeper with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $45,000 based on 11 salaries. An experienced Bookkeeper which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $47,000 based on 11 salaries. A Bookkeeper with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $46,000 based on 6 salaries.
Key Stats for Bookkeeper
Rated 5 out of 5
based on 5 votes.