Accounts Payable/Receivable Processing Coordinator II Salary in the United States

FAQ about Accounts Payable/Receivable Processing Coordinator II

1. What industry pays the highest salary for Accounts Payable/Receivable Processing Coordinator II?

The Financial Services industry offers the highest average compensation for Accounts Payable/Receivable Processing Coordinator II roles, with salaries approximately 30% above the market median.

2. How much do accounts payable coordinators make in the US?

Accounts Payable Coordinators in the US typically earn between $48,200 and $59,000 annually. The average salary is approximately $53,100, reflecting the midpoint of this range. These figures provide a clear overview of the compensation for this role in the current job market.

3. What is an AP AR coordinator?

An Accounts Payable/Accounts Receivable (AP/AR) Coordinator manages financial transactions within an organization, overseeing both payables and receivables. Key responsibilities include supervising a team, ensuring accurate and timely invoice processing, and coordinating with vendors and clients. The salary for this role typically ranges from $48,200 to $59,000, with a midpoint of $53,100.

4. What is the difference between accounts payable and accounts payable specialist?

Compared to an accounts payable specialist, an accounts payable clerk typically handles more routine tasks like data entry, invoice processing, and organizing paperwork. The key difference is in the level of experience, skills, and responsibilities. In terms of salary, accounts payable/receivable processing coordinators earn between $48,200 and $59,000, with a median salary of $53,100.

5. What is the highest salary in accounts receivable?

The highest salary for an Accounts Payable/Receivable Processing Coordinator is $59,000. The salary range typically falls between $48,200 and $53,100, with the midpoint being $53,100. This reflects the compensation structure for this role, highlighting the potential earnings within the field.

6. Do you need a degree to work in accounts receivable?

To succeed as an accounts receivable/accounts payable specialist, a strong educational background and specific skill set are essential. At a minimum, candidates should have an associate degree in accounting, billing, or a related field. Salaries for this role typically range from $48,200 to $59,000, with a median salary of $53,100.

7. What does an accounts receivable coordinator do?

An Accounts Receivable Coordinator typically reports to accounting supervisors, organizes client invoices, sorts mail, processes credit card deposits, monitors electronic payments, handles charge-backs and returns, and adjusts the AR ledger. The salary for this role ranges from $48,200 to $59,000, with a mid-point of $53,100.