How much does an Accounts Payable/Receivable Senior Manager make in Elgin, IL? The average Accounts Payable/Receivable Senior Manager salary in Elgin, IL is $149,255 as of March 26, 2024, but the range typically falls between $129,201 and $179,521. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Accounts Payable/Receivable Senior Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Accounts Payable/Receivable Senior Manager Salary $110,944 Elgin,IL March 26, 2024
25th Percentile Accounts Payable/Receivable Senior Manager Salary $129,201 Elgin,IL March 26, 2024
50th Percentile Accounts Payable/Receivable Senior Manager Salary $149,255 Elgin,IL March 26, 2024
75th Percentile Accounts Payable/Receivable Senior Manager Salary $179,521 Elgin,IL March 26, 2024
90th Percentile Accounts Payable/Receivable Senior Manager Salary $207,077 Elgin,IL March 26, 2024
25% $129,201 10% $110,944 90% $207,077 75% $179,521 $149,255 50%(Median) Didn’t find job title? Click
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Job Description for Accounts Payable/Receivable Senior Manager

Accounts Payable/Receivable Senior Manager manages the accounts payable and accounts receivable functions of an organization to ensure compliance with internal controls and accounting policies. Reviews and evaluates the accounts payable and receivable registers to validate charges and ensure timely and accurate payments and receipt of payments. Being an Accounts Payable/Receivable Senior Manager monitors account aging reports, identifies delinquent accounts, and refers accounts to collection agencies. Verifies customer credit limits and applicable payment terms. Additionally, Accounts Payable/Receivable Senior Manager designs and implements standard policies and procedures to ensure accurate and compliant financial records. Audits methods and procedures of the accounts payable and receivable functions to improve efficiency. Requires a bachelor's degree. Typically reports to a director. The Accounts Payable/Receivable Senior Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Accounts Payable/Receivable Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description

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Accounts Payable/Receivable Senior Manager salary varies from city to city. Compared with national average salary of Accounts Payable/Receivable Senior Manager, the highest Accounts Payable/Receivable Senior Manager salary is in San Francisco, CA, where the Accounts Payable/Receivable Senior Manager salary is 25.0% above. The lowest Accounts Payable/Receivable Senior Manager salary is in Miami, FL, where the Accounts Payable/Receivable Senior Manager salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
129201
179521
149255

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
138408
209245
163988
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Accounts Payable/Receivable Senior Manager in Elgin, IL. The base salary for Accounts Payable/Receivable Senior Manager ranges from $129,201 to $179,521 with the average base salary of $149,255. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $138,408 to $209,245 with the average total cash compensation of $163,988.
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129201
179521

 

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About Elgin, Illinois    Elgin (/ˈɛldʒɪn/ EL-jin) is a city in Cook and Kane counties in the northern part of the U.S. state of Illinois. Located roughly 35 mi (56 km) northw....More

Elgin, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Elgin, Illinois

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Skills associated with Accounts Payable/Receivable Senior Manager: Operational Policy Development, AP Automation Software, Credit Verification, Credit Analysis ...More