As of April 01, 2025, the average annual salary for an AP/AR Manager in Chicago, IL is $108,600. According to Salary.com, salaries can range from a low of $83,764 to a high of $125,985, with most professionals earning between $95,600 and $117,700.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $117,700 | $9,808 | $2,263 | $57 |
| Average | $108,600 | $9,050 | $2,088 | $52 |
| 25th Percentile | $95,600 | $7,967 | $1,838 | $46 |
An entry-level AP/AR Manager with under 1 year experience makes about $103,752. With less than 2 years of experience, a mid-level AP/AR Manager makes around $104,335. After 2-4 years, the AP/AR Manager pay rises to about $105,695. Those senior AP/AR Manager with 5-8 years of experience earn roughly $107,250, and those AP/AR Manager having 8 years or more experience are expected to earn about $109,560 on average.
| Levels | Salary |
|---|---|
| Entry Level AP/AR Manager | $103,752 |
| Intermediate Level AP/AR Manager | $104,335 |
| Senior Level AP/AR Manager | $105,695 |
| Specialist Level AP/AR Manager | $107,250 |
| Expert Level AP/AR Manager | $109,560 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 1% |
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| Skill | Salary | Demand |
|---|---|---|
|
Project Management
|
$122,718 |
13%
|
|
Team Management
|
$121,632 |
12%
|
|
Customer Relationship
|
$121,632 |
12%
|
|
Innovation
|
$120,546 |
11%
|
|
Sales Operations
|
$119,460 |
10%
|
|
Continuous Improvement
|
$118,374 |
9%
|
