How much does a Accounts Receivable Specialist make?
An Accounts Receivable Specialist usually earns a good salary. The average yearly salary for this role is about $49,930. This means that most specialists in this field can expect to make close to this amount each year. Salaries can vary based on experience, education, and the company you work for.
Here are some salary details:
- The lowest 10% earn less than $33,353.
- The next 10% make between $33,353 and $36,957.
- The middle 20% earn between $36,957 and $44,166.
- The next 20% make between $44,166 and $51,374.
- The top 10% earn more than $69,396.
What are the highest paying cities for a Accounts Receivable Specialist?
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San Francisco, CA
Average Salary: $74,190
In San Francisco, an accounts receivable specialist can work in a bustling tech hub, managing finances for innovative companies. Key employers include tech giants and startups. Professionals here enjoy a dynamic work environment.
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San Jose, CA
Average Salary: $61,944
San Jose offers accounts receivable specialists opportunities in tech and manufacturing. Companies like Intel and Cisco are present. Job seekers can expect a mix of challenges and growth opportunities.
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Boston, MA
Average Salary: $61,477
Boston is a hub for finance and education. Working here means managing accounts for universities and financial firms. The city offers a rich history and modern opportunities.
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San Diego, CA
Average Salary: $61,420
San Diego provides a blend of corporate and military contracts. Companies like Qualcomm and Northrup Grumman need skilled specialists. The sunny climate adds to the appeal.
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Washington, DC
Average Salary: $60,874
Washington, DC offers accounts receivable specialists a chance to work with government and nonprofits. Key employers include agencies and advocacy groups. The job provides a unique experience in a political hub.
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Los Angeles, CA
Average Salary: $58,915
Los Angeles offers diverse job opportunities in entertainment and aerospace. Companies like Boeing and Disney need professionals. The city's vibrant culture adds to the workplace experience.
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Seattle, WA
Average Salary: $58,705
Seattle is known for its tech scene. Companies like Amazon and Microsoft seek accounts receivable specialists. The city offers a balanced work-life style with its natural beauty.
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Chicago, IL
Average Salary: $55,425
Chicago provides a mix of financial and industrial jobs. Companies like Boeing and JPMorgan Chase need specialists. The city’s rich history and architecture make it an attractive place to work.
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Santa Rosa, CA
Average Salary: $55,252
Santa Rosa offers a smaller city feel with a strong focus on wine and agriculture. Companies in these sectors need accounts receivable specialists. The area provides a relaxed work environment.
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Sacramento, CA
Average Salary: $55,179
Sacramento, the state capital, offers a mix of government and private sector jobs. Companies in the region need accounts receivable specialists. The city provides a stable and growing job market.
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What are the best companies a Accounts Receivable Specialist can work for?
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Beacon Mobility
Average Salary: $72,500
Beacon Mobility offers competitive salaries for Accounts Receivable Specialists. These specialists manage invoicing and collections. They support the company's operations in multiple locations across the U.S.
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High Country Search Group
Average Salary: $60,241
High Country Search Group provides a solid average salary for Accounts Receivable Specialists. These professionals handle billing and payments. The company operates in various states and focuses on providing staffing solutions.
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Ascendo Resources
Average Salary: $57,857
Ascendo Resources offers a good salary for Accounts Receivable Specialists. They work on accounts and ensure timely payment collection. The company is active in multiple locations, offering diverse opportunities.
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Ledgent Finance & Accounting
Average Salary: $57,410
Ledgent Finance & Accounting provides a competitive salary for Accounts Receivable Specialists. These specialists manage financial records and support accounts. The company operates in several states and offers various financial solutions.
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Vaco
Average Salary: $57,203
Vaco offers a solid salary for Accounts Receivable Specialists. They handle accounts and ensure payments are received. The company operates in multiple locations, providing diverse job opportunities.
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Addison Group
Average Salary: $55,364
Addison Group offers a good salary for Accounts Receivable Specialists. These professionals manage invoicing and collections. The company operates in various locations, providing many job opportunities.
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Aston Carter
Average Salary: $55,100
Aston Carter offers a solid salary for Accounts Receivable Specialists. They handle billing and payment processes. The company operates in several locations, providing diverse job opportunities.
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61st Street Service Corporation
Average Salary: $54,896
61st Street Service Corporation offers a good salary for Accounts Receivable Specialists. They manage accounts and ensure timely payments. The company operates in multiple locations, providing various job opportunities.
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Randstad
Average Salary: $54,790
Randstad offers a competitive salary for Accounts Receivable Specialists. These professionals handle billing and collections. The company operates in several locations, providing many job opportunities.
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firstPRO Inc.
Average Salary: $53,197
firstPRO Inc. offers a good salary for Accounts Receivable Specialists. They manage accounts and ensure payments are received. The company operates in various locations, providing many job opportunities.
How to earn more as a Accounts Receivable Specialist?
Looking to increase earnings as an Accounts Receivable Specialist? Focus on these key factors to improve your salary potential. Each of these elements plays a role in boosting your value within the finance sector.
First, gaining specialized certifications can make a significant difference. Certifications such as Certified Accounts Receivable Professional (CARP) or Certified Billing and Coding Specialist (CBCS) showcase expertise. These credentials often lead to higher pay as employers value skilled professionals. Second, mastering software tools used in accounts receivable can enhance efficiency. Proficiency in programs like QuickBooks, Microsoft Dynamics, and SAP can streamline processes. Third, developing strong analytical skills helps identify trends and reduce errors. Accurate financial records improve company operations and increase trustworthiness. Fourth, improving communication skills aids in resolving billing disputes. Effective negotiation and clear reporting can lead to quicker payments and better cash flow. Lastly, seeking out positions with more responsibility can result in higher pay. Consider roles like Senior Accounts Receivable Specialist or Billing Manager.
Focusing on these factors can lead to greater job satisfaction and financial rewards. Specialization, skill enhancement, and career advancement work together to increase earning potential.
To summarize, consider these actions:
- Obtain specialized certifications
- Master key software tools
- Enhance analytical skills
- Improve communication abilities
- Seek higher-responsibility roles
