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.

$30,201 - $55,580
$30K
$46K
$56K
MEDIAN: $45,550
10%
50%
90%

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$11.40 - $27.15
$11
$18
$27
MEDIAN: $17.82
10%
50%
90%

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$0$57K
Salary $30,201 - $55,580
Bonus $1,800
Profit Sharing $3,000
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
  • Country: United States
  • Currency: USD
  • Updated: 21 Jan 2018
  • Individuals Reporting: 20
Hourly Data $0$27
Hourly Rate $11.40 - $27.15
Overtime $16.50
Annual Data $0$57K
Bonus $1,800
Profit Sharing $3,000
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
  • Country: United States
  • Currency: USD
  • Updated: 21 Jan 2018
  • Individuals Reporting: 23

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)


Bookkeeper Tasks

  • 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.

About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

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

Gender

Female
83 %
Male
17 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
1-4 years
30%
5-9 years
16%
10-19 years
30%
20 years or more
23%

Experience Affects Bookkeeper Salaries

Experienced
▲16%

Late-Career
▲13%

Mid-Career
▲10%

Entry-Level
▲7%

National Average
$41,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.

Gender

Female
83 %
Male
17 %

Years of Experience

1-4 years
30%
5-9 years
16%
10-19 years
30%
20 years or more
23%

Common Health Benefits

medical benefits
Medical: 54%
dental benefits
Dental: 26%
vision benefits
Vision: 11%
no benefits
None: 46%