Hourly Wage for Accounts Receivable Coordinator I Salary in the United States

FAQ about Accounts Receivable Coordinator I

1. Do you need a degree for accounts receivable?

Aspiring accounts receivable coordinators typically need at least a high school diploma or GED, though many employers prefer candidates with a bachelor's degree. The salary for this role ranges from $41,300 to $51,500, with a midpoint of $46,100. Earning a CPA license can enhance job prospects, often requiring a graduate-level program.

2. How many accounts receivable employees do I need?

It is advisable for companies to employ at least one full-time Accounts Receivable Coordinator for every 1,000 invoices generated monthly, or one part-time employee for every 500 invoices. The salary for this role typically ranges from $41,300 to $51,500, with a midpoint of $46,100, depending on experience and location.

3. What is the highest salary of a coordinator?

The highest salary for an Accounts Receivable Coordinator is $51,500. While salaries can vary widely, the majority of coordinators earn between $41,300 and $51,500, with the median salary being $46,100. This reflects a more specific range compared to broader coordinator salary data across the United States.

4. What does an account coordinator do?

An Accounts Receivable Coordinator manages the billing and collection processes, ensuring timely payments and maintaining accurate financial records. They support account executives with administrative tasks, research, and budgeting, contributing to the overall efficiency of the finance team. The salary for this role typically ranges from $41,300 to $51,500, with a midpoint of $46,100.

5. What level is a coordinator position?

A coordinator position can vary in level, often serving as an entry-level role or a supervisory position based on the organization's structure. In the case of an Accounts Receivable Coordinator, salaries typically range from $41,300 to $51,500, with a midpoint around $46,100, reflecting the responsibilities and experience required.

6. How much do billing coordinators make in the US?

Billing coordinators in the US typically earn between $41,300 and $51,500, with a mid-salary of approximately $46,100. This range reflects the varying levels of experience and responsibilities associated with the role.