How much does a Accounts Receivable Specialist make in Chicago, IL?
An Accounts Receivable Specialist in Chicago, IL, can earn a decent salary. Most professionals in this role earn between $40,700 and $73,000 per year. The average yearly salary is around $53,256. This range provides a good overview of what you might expect to earn in this position.
Here are some important points about these salaries:
- The bottom 10% earn about $40,700 per year.
- The middle 50% earn between $46,573 and $61,255 per year.
- The top 10% earn about $67,127 or more per year.
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, professionals often find roles managing the financial transactions for companies like York Barbell. Tasks focus on tracking payments and resolving discrepancies. Elgin's business environment offers a variety of sectors, making it a dynamic place to advance your career.
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Des Plaines, IL
Average Salary: $56,624
Des Plaines is home to large companies such as Allstate, where individuals keep a close eye on financial records. These professionals help ensure timely payments. The area's strong corporate presence provides numerous opportunities for growth and development.
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Naperville, IL
Average Salary: $53,066
Working in Naperville means engaging with some of the region’s top businesses, including Caterpillar Inc. Employees here handle invoicing and payment collection. Naperville's reputation for having a robust economy makes it a promising area for financial careers.
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Skokie, IL
Average Salary: $52,812
Skokie offers a mix of corporate opportunities where financial oversight is key. Working with companies like Kraft Heinz, specialists focus on maintaining accurate financial records. The city's blend of industries fosters a competitive yet supportive work atmosphere.
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Aurora, IL
Average Salary: $52,523
Aurora is known for its diverse job market, where handling accounts is essential for businesses like CommonSpirit Health. This role involves regular communication with clients to ensure payments are up-to-date. The city's growth provides many pathways for career advancement.
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Schaumburg, IL
Average Salary: $51,955
In Schaumburg, professionals help manage finances for major firms such as Walgreens. Their work involves tracking and processing payments. The city's business-friendly environment offers various opportunities to build a successful career in finance.
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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: $73,113
Sidley Austin offers rewarding Accounts Receivable Specialist jobs in Chicago. This company provides excellent benefits and career growth. It operates globally, with main offices in Chicago, London, and Hong Kong.
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Union Tank Car Company (UTLX)
Average Salary: $57,050
Union Tank Car Company (UTLX) has Accounts Receivable Specialist jobs in Chicago. They focus on providing tank car rental services. UTLX operates nationwide, with key locations in Chicago, Houston, and Los Angeles.
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Connect Search LLC
Average Salary: $51,333
Connect Search LLC offers Accounts Receivable Specialist positions in Chicago. They work in the staffing and recruiting industry. This company has offices in Chicago and Austin.
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Dentologie
Average Salary: $46,000
Dentologie offers Accounts Receivable Specialist jobs in Chicago. They focus on providing premium dental products and services. Dentologie operates nationwide, with a main office in Chicago and several locations across the U.S.
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Acuet RCM
Average Salary: $42,000
Acuet RCM offers Accounts Receivable Specialist jobs in Chicago. They specialize in revenue cycle management services for healthcare providers. Acuet RCM operates nationally, with a main office in Chicago.
What are the best paying Accounts Receivable Specialist related jobs in Chicago, IL?

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Account Executive, Key Accounts
Average Salary: $153,489
Key account executives work with major clients to manage accounts. They ensure clients receive the best service and stay satisfied. Companies such as IBM and Deloitte need skilled account executives.
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Invoicing Specialist
Average Salary: $141,000
Invoicing specialists prepare and send bills to clients. They ensure all charges are correct and payments are received on time. Firms like JPMorgan Chase and Goldman Sachs hire invoicing specialists.
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Compliance Officer
Average Salary: $129,010
Compliance officers make sure companies follow laws and regulations. They review policies and practices. Positions are open at major banks like Bank of America and Wells Fargo.
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Credit Analyst
Average Salary: $96,621
Credit analysts review applications for loans. They assess risks for lending. Companies such as JPMorgan Chase and Goldman Sachs seek credit analysts.
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Payroll Specialist
Average Salary: $96,265
Payroll specialists manage employee pay and benefits. They ensure timely and accurate paychecks. Employers like IBM and Accenture hire payroll specialists.
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Contract Administrator
Average Salary: $87,842
Contract administrators oversee business agreements. They ensure all terms are met. Companies such as Boeing and Caterpillar hire contract administrators.
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Credit Collections Manager
Average Salary: $80,000
Credit collections managers oversee debt collection. They work to recover owed amounts. Major companies like American Express and Capital One need credit collections managers.
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Bookkeeper
Average Salary: $65,928
Bookkeepers manage financial records. They ensure accuracy in financial documents. Businesses such as Goldman Sachs and JPMorgan Chase need bookkeepers.
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Account Associate
Average Salary: $54,906
Account associates handle customer accounts. They manage orders and payments. Companies such as Amazon and Target hire account associates.
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Installment Agent
Average Salary: $53,350
Installment agents collect payments from clients. They ensure all payments are on time. Firms like GE Capital and Synchrony Financial seek installment agents.
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