FAQ about AR Analyst IV
1. Does AR count as income?
Accounts receivable (AR) is classified as an asset, not revenue. However, under accrual accounting, revenue is recognized when earned, coinciding with the recording of an account receivable. For AR Analysts, salaries range from $64,930 to $104,670, with a median of $82,420, reflecting the importance of accurate revenue recognition in financial reporting.
2. How do I become an AR specialist?
To become an AR specialist, you typically need a high school diploma, though many employers prefer a postsecondary certificate in bookkeeping or an associate or bachelor's degree in accounting. The salary for an AR Analyst ranges from $64,930 to $104,670, with a median salary of $82,420, reflecting the importance of education and experience in this field.
3. What is a senior AR?
The Senior Executive – Accounts Receivable (AR) is responsible for managing and overseeing the accounts receivable function within a company. This role typically offers a salary range from $64,930 to $104,670, with a midpoint of $82,420, reflecting the expertise and responsibilities involved in ensuring timely collection of payments and maintaining financial health.
4. What is the salary of an AR?
The salary for an Accounts Receivable (AR) Analyst ranges from $64,930 to $104,670 annually, with a median salary of $82,420. This reflects the competitive compensation for AR roles, highlighting the importance of financial management in organizations.
5. What type of analyst gets paid the most?
The highest-paid analysts are typically those in specialized roles such as AR Analysts, with salaries ranging from $64,930 to $104,670. The median salary for this position is approximately $82,420, reflecting the demand for expertise in accounts receivable management and financial analysis.
6. Is analyst a stressful job?
One of the key stress factors for AR Analysts is the constant pressure to deliver accurate insights within tight deadlines. The sheer volume of data can be overwhelming, leading to high stress levels. However, with a salary range of $64,930 to $104,670, the financial rewards can help mitigate some of this stress, making the role more appealing.