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As of August 01, 2026, the average salary for an Accounts Receivable Specialist in Minnesota is $56,825 per year, which breaks down to an hourly rate of $27.
However, an Accounts Receivable Specialist's salary can vary significantly. Here’s a look at the typical salary range:
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Accounts Receivable Specialist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $62,249 | $5,187 | $1,197 | $30 |
| Average | $56,825 | $4,735 | $1,093 | $27 |
| 25th Percentile | $51,818 | $4,318 | $996 | $25 |
Addison Group - Minnetonka, MN
Minnesota Medical Specialists - Minneapolis, MN
Wholesale Produce Supply, LLC - Minneapolis, MN
Horwitz - Minneapolis, MN
An Accounts Receivable Specialist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of an Accounts Receivable Specialist's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Accounts ... Level Accounts Receivable Specialist | $44,183 |
| Accounts ... Level Accounts Receivable Specialist | $49,897 |
| Accounts ... Level Accounts Receivable Specialist | $55,695 |
| Accounts ... Level Accounts Receivable Specialist | $73,651 |
| Accounts ... Level Accounts Receivable Specialist | $88,140 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Accounts Receivable Specialists. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Accounts Receivable Specialist roles, the industry you choose can affect earning potential by as much as 44% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Accounts Receivable Specialist positions in Transportation or Healthcare typically offer lower base pay, as these industries often view Accounts Receivable Specialist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Energy & Utilities | $68,190 | $33.0 | 20% |
| Financial Services | $65,349 | $31.0 | 15% |
| Pharmaceuticals | $65,349 | $31.0 | 15% |
| Internet | $63,644 | $31.0 | 12% |
| Business Services | $62,507 | $30.0 | 10% |
Understanding how an Accounts Receivable Specialist's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $62,249 | $5,187 | $1,197 | $30 |
| Average | $56,825 | $4,735 | $1,093 | $27 |
| 25th Percentile | $51,818 | $4,318 | $996 | $25 |
Ready to take the next step in your career? Browse thousands of current Accounts Receivable Specialist job openings on our job board. Use the search bar below to find your perfect match.
Inspection Cleaning & Restoration Corp
Saint Paul, MN
Inspection Cleaning & Restoration Corp | Saint Paul, MN
Inspection Cleaning & Restoration Corp - - Responsibilities: Oversee day-to-day accounts receivable activities and ensure accurate invoicing and timely col... more
5 Days Ago
Cogent Talent Solutions
Minneapolis, MN
Cogent Talent Solutions | Minneapolis, MN
Job Description. Job Description. Company Overview. Our client is a growing organization committed to financial accuracy, transparency, and disciplined exe... more
7 Days Ago
Addison Group
Richfield, MN
Addison Group | Richfield, MN
Job Description. Job Description. Job Title. Accounts Receivable Specialist. Location. Minneapolis, MN (Hybrid role. only local candidates will be eligible... more
8 Days Ago
Johnstone Supply - The Heartland Group
Minneapolis, MN
Johnstone Supply - The Heartland Group | Minneapolis, MN
Job Description. Job Description. Johnstone Supply - The Heartland Group is looking to hire a full-time Accounts Receivable Specialist in Bloomington, MN t... more
8 Days Ago
The Remedy Mental Health
Saint Paul, MN
The Remedy Mental Health | Saint Paul, MN
Patient Accounts Receivable SpecialistAt The Remedy, healing begins with compassion, connection, and innovation. We meet people wherever they are on their ... more
9 Days Ago
Cassia
Minneapolis, MN
Cassia | Minneapolis, MN
Job Description. Job Description. Cassia. a nonprofit, senior living organization. . is hiring an. Accounts Receivable Specialist. to join our growing team more
9 Days Ago
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