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How much does an Accounts Receivable Manager make hourly?

As of November 01, 2024, the average hourly pay of Accounts Receivable Manager in the United States is $50. While Salary.com is seeing that Accounts Receivable Manager salary in the US can go up to $65 or down to $37, but most earn between $43 and $58. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Accounts Receivable Manager in the United States.

Accounts Receivable Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $119,634 $9,970 $2,301 $58
Average $103,182 $8,598 $1,984 $50
25th Percentile $89,571 $7,464 $1,723 $43
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How much does an Accounts Receivable Manager make hourly?

As of November 01, 2024, the average hourly pay of Accounts Receivable Manager in the United States is $50. While Salary.com is seeing that Accounts Receivable Manager salary in the US can go up to $65 or down to $37, but most earn between $43 and $58. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Accounts Receivable Manager in the United States.

What is the yearly and monthly salary as an Accounts Receivable Manager?

As of November 01, 2024, the average annual salary is $103,182 (range: $77,179 to $134,613); the average monthly salary is $8,598 (range: $6,432 to $11,218).

Click the switch button below to see weekly and hourly salary of an Accounts Receivable Manager.

Last Updated on November 01, 2024
Last Updated on November 01, 2024

What are the salaries of Accounts Receivable Manager with different levels of experience?

As of November 01, 2024, Salary.com is seeing that an entry-level Accounts Receivable Manager with under 1 year experience makes about $97,853. With less than 2 years of experience, a mid-level Accounts Receivable Manager makes around $98,461. After 2-4 years, the Accounts Receivable Manager pay rises to about $99,879. Those senior Accounts Receivable Manager with 5-8 years of experience earn roughly $101,500, and those Accounts Receivable Manager having 8 years or more experience is expected to earn about $104,633 on average.

Levels Salary
Entry Level Accounts Receivable Manager $97,853
Intermediate Level Accounts Receivable Manager $98,461
Senior Level Accounts Receivable Manager $99,879
Specialist Level Accounts Receivable Manager $101,500
Expert Level Accounts Receivable Manager $104,633
$97,853 0 yr
$98,461 < 2 yrs
$99,879 2-4 yrs
$101,500 5-8 yrs
$104,633 > 8 yrs
Last Updated on November 01, 2024
Entry Level 5%
Mid Level 5%
Senior Level 3%
Top Level 2%
Experienced 1%
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Last Updated on November 01, 2024

How much does salary of Accounts Receivable Manager vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of November 01, 2024, the average yearly salary of Accounts Receivable Manager in San Francisco, CA is $128,977 and in New York, NY, the average annual salary goes to $120,516. While an Accounts Receivable Manager earns $115,666 per year in Boston, MA.

What is the salary trend of Accounts Receivable Manager?

For those exploring the changing dynamics of Accounts Receivable Manager salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of November 01, 2024, our research highlights a notable shift in Accounts Receivable Manager compensation over the past six years. For instance, the median salary has moved from $108,130 in 2023 to about $106,673 in 2024 (for a comprehensive analysis of Accounts Receivable Manager salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Accounts Receivable Manager Over Time

2020
$???
2021
$???
2022
$???
$108,130
2023
$106,673
2024
$104,944
2025
2026
$???
Last Updated on November 01, 2024
2020
$???
2021
$???
2022
$???
2023
$108,130
2024
$106,673
2025
$104,944
2026
$???
Last Updated on November 01, 2024

Accounts Receivable Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $108,130
2024 $106,673
2025 $104,944
2026 View More
Last Updated on November 01, 2024

Job Openings of Accounts Receivable Manager

Salary.com job board provides millions of Accounts Receivable Manager information for you to search for. Click on search button below to see Accounts Receivable Manager job openings or enter a new job title here.

Most Common Benefits for Accounts Receivable Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 67.7%
Bonuses 4.2%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 5.5%
Pension 3.9%
Time Off 8.8%
Core Compensation
Core Compensation Median % of Total
Base Salary $103,182 67.7%
Bonus $6,373 4.2%
Value of Benefits
Core Compensation Median % of Total
Social Security $8,381 5.5%
401K/403B $4,601 3.0%
Disability $2,191 1.4%
Healthcare $8,352 5.5%
Pension $5,916 3.9%
Time Off $13,484 8.8%
Total Compensation $152,479 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on November 01, 2024

What are the salaries of an Accounts Receivable Manager with different levels of education?

Salaries for Accounts Receivable Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for an Accounts Receivable Manager with a Associate's Degree is $96,232 - $104,143. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Accounts Receivable Manager Salaries by Degree Level

Last Updated on November 01, 2024
Typical Education for Accounts Receivable Manager
Degree Level % of user with this level of education
No Diploma 1.6%
High School 32.8%
Associates 18.8%
Bachelors 39.4%
Masters 7.1%
Doctorate 0.3%
Typical Education for Accounts Receivable Manager
No Diploma 1.6%
High School 32.8%
Associates 18.8%
Bachelors 39.4%
Masters 7.1%
Doctorate 0.3%
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Accounts Receivable Manager Salaries by Degree Level

Last Updated on November 01, 2024

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FAQ about Accounts Receivable Manager

1. What are the responsibilities of Accounts Receivable Manager?

Accounts Receivable Manager manages accounts receivable functions to ensure compliance with internal controls and accounting policies. Oversees collection activities such as sending follow-up inquiries, negotiating with past-due accounts, and keeping track of cash receipts. Being an Accounts Receivable Manager monitors account aging reports, identifies delinquent accounts, and refers accounts to collection agencies. Develops and implements controls and policies to ensure accurate and compliant receivable records. Additionally, Accounts Receivable Manager verifies customer credit limits and applicable payment terms. Audits methods and procedures of accounts receivable function to improve efficiency. Requires a bachelor's degree. Typically reports to a director. The Accounts Receivable Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Accounts Receivable Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

2. What are the skills of Accounts Receivable Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.)

ERP: Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.

3.)

Forecasting: Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term. Both might refer to formal statistical methods employing time series, cross-sectional or longitudinal data, or alternatively to less formal judgmental methods. Usage can differ between areas of application: for example, in hydrology the terms "forecast" and "forecasting" are sometimes reserved for estimates of values at certain specific future times, while the term "prediction" is used for more general estimates, such as the number of times floods will occur over a long period. Risk and uncertainty are central to forecasting and prediction; it is generally considered good practice to indicate the degree of uncertainty attaching to forecasts. In any case, the data must be up to date in order for the forecast to be as accurate as possible. In some cases the data used to predict the variable of interest is itself forecasted.

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average hourly salary for an Accounts Receivable Manager is $50 per hour in the United States, updated at November 01, 2024.
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