How much does a Accounts Receivable Specialist make in Chicago, IL?
An Accounts Receivable Specialist working in Chicago, IL, can expect a solid salary. On average, this position pays around $54,017 each year. However, salaries can vary based on experience and skills. Those just starting may earn less, while experienced specialists often make more.
Here is a breakdown of what different experience levels can expect:
- Entry-level: About $40,700
- Mid-level: Around $52,445
- Senior-level: Up to $70,064
These figures show that as experience grows, so can the salary. This makes it a rewarding field for those willing to invest time and effort into their career.
What are the highest paying cities for a Accounts Receivable Specialist near Chicago, IL?

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Elgin, IL
Average Salary: $58,948
In Elgin, working as an Accounts Receivable Specialist involves managing invoices and payments for local businesses. Companies here value clear communication and efficiency. Being part of this community means interacting with a variety of industries, including manufacturing and healthcare.
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Des Plaines, IL
Average Salary: $55,645
Des Plaines offers a vibrant environment for Accounts Receivable Specialists. This role requires attention to detail and strong organizational skills. Working with prominent companies in finance and retail, professionals here ensure timely payments and maintain client relationships.
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Aurora, IL
Average Salary: $53,258
Aurora presents an excellent opportunity for Accounts Receivable Specialists. Professionals here focus on tracking and collecting payments. The city's diverse economy, with key players in manufacturing and technology, provides a dynamic work setting.
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Skokie, IL
Average Salary: $52,812
Skokie is a great place for Accounts Receivable Specialists. In this role, you'll handle invoicing and payment processing. The area has a strong presence of financial institutions, offering a stable and rewarding career path.
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Schaumburg, IL
Average Salary: $52,307
Schaumburg is known for its business-friendly environment. Here, Accounts Receivable Specialists play a crucial role in ensuring smooth financial operations. With major companies in tech and healthcare, this role is both challenging and fulfilling.
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Naperville, IL
Average Salary: $52,148
Naperville offers a dynamic setting for Accounts Receivable Specialists. This position involves managing accounts and resolving issues promptly. The area's strong economy, with companies in finance and education, makes it an ideal place for career growth.
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What are the best paying companies for a Accounts Receivable Specialist in Chicago, IL?

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Sidley Austin
Average Salary: $72,750
Sidley Austin is a leading global law firm. They offer challenging Accounts Receivable Specialist positions. They have offices across various locations, including Chicago. They focus on finance and management.
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Sound Investment AV
Average Salary: $60,250
Sound Investment AV provides top-tier audio-visual solutions. They seek skilled Accounts Receivable Specialists in Chicago. They aim to manage billing and collections efficiently.
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Union Tank Car Company (UTLX)
Average Salary: $57,050
Union Tank Car Company (UTLX) operates in the transportation sector. They offer Accounts Receivable Specialist roles in Chicago. They focus on liquid transportation and logistics.
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Connect Search LLC
Average Salary: $51,333
Connect Search LLC is a staffing agency. They need Accounts Receivable Specialists in Chicago. They aim to ensure smooth billing and collections processes.
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Dentologie
Average Salary: $46,000
Dentologie is a dental staffing agency. They require Accounts Receivable Specialists in Chicago. They focus on dental practice billing and collections.
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Acuet RCM
Average Salary: $42,000
Acuet RCM provides revenue cycle management services. They offer Accounts Receivable Specialist jobs in Chicago. They focus on healthcare billing and collections.
What are the best paying Accounts Receivable Specialist related jobs in Chicago, IL?

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Account Executive, Key Accounts
Average Salary: $167,466
This role focuses on maintaining and growing the company's relationship with large, important clients. It involves regular communication and strategizing with clients to ensure their needs are met. Companies like IBM and Accenture in Chicago often seek professionals with strong negotiation and sales skills.
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Invoicing Specialist
Average Salary: $141,000
This position ensures clients are billed correctly and on time. It requires attention to detail to avoid errors and maintain good client relations. Local businesses like Grainger and Groupon look for detail-oriented individuals to manage invoicing processes.
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Compliance Officer
Average Salary: $128,550
This role ensures the company follows all laws and regulations. It involves monitoring activities and implementing policies to prevent fraud. Companies such as JPMorgan Chase and Allstate in Chicago seek individuals who are thorough and knowledgeable about compliance.
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Payroll Specialist
Average Salary: $97,271
This role manages employee pay and benefits. It includes calculating wages, taxes, and deductions. Local businesses like McDonald's and Walgreens value accuracy and efficiency in this role.
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Credit Analyst
Average Salary: $96,420
This position involves assessing the creditworthiness of potential clients. It requires analyzing financial statements and reports. Companies like Discover Financial and Bank of America in Chicago seek professionals who can evaluate financial data accurately.
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Contract Administrator
Average Salary: $87,406
This role manages contracts between the company and clients. It includes drafting, reviewing, and negotiating terms. Firms such as AECOM and CBRE look for individuals who can handle legal documentation and ensure compliance.
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Credit Collections Manager
Average Salary: $80,000
This position focuses on recovering overdue payments from clients. It requires good communication and negotiation skills. Local companies like Walgreens and General Motors seek managers who can handle collections efficiently and maintain client relationships.
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Bookkeeper
Average Salary: $66,574
This role involves recording financial transactions and maintaining accurate records. It requires strong organizational skills. Businesses such as Target and United Airlines in Chicago look for detail-oriented individuals to manage financial data.
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Account Associate
Average Salary: $55,543
This position supports the accounting department by handling accounts payable and receivable. It involves processing invoices and payments. Companies like Goldman Sachs and Northwestern Mutual seek associates who can manage financial records accurately.
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Installment Agent
Average Salary: $53,350
This role handles customer accounts and installment payments. It requires good customer service and financial management skills. Firms such as Sprint and T-Mobile look for agents who can manage accounts and ensure timely payments.
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