Payables Receivables Associate Salary in the United States

Payables/Receivables/Billing Supervisor - Average Salary $79,590

The Payables/Receivables/Billing Supervisor ensures timely payments of vendor invoices and expense vouchers, maintains accurate records and control reports. Supervises activities in the accounts payable/receivable function. Being a Payables/Receivables/Billing Supervisor maintains cash receipts and refers accounts to collection agencies. Negotiates with past due accounts, ensures outstanding account balance. In addition, Payables/Receivables/Billing Supervisor suggests improvements to accounts payable/receivable processes. Requires a bachelor's degree of accounting or finance. Typically reports to a manager. The Payables/Receivables/Billing Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. Working as a Payables/Receivables/Billing Supervisor typically requires 3 years experience in the related area as an individual contributor.

Payables/Receivables/Billing Manager - Average Salary $112,090

The Payables/Receivables/Billing Manager ensures timely payments of vendor invoices and expense vouchers and maintains accurate records and control reports. Manages all activities in the accounts payable/receivable function. Being a Payables/Receivables/Billing Manager recommends improvements to accounts payable/receivable processes. Manages collection activities such as sending follow-up inquiries, negotiating with past due accounts, and referring accounts to collection agencies. In addition, Payables/Receivables/Billing Manager requires a bachelor's degree of accounting or finance. Typically reports to a head of unit/department. The Payables/Receivables/Billing 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. Extensive knowledge of department processes. Working as a Payables/Receivables/Billing Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.

Payables/Receivables/Billing Clerk I - Average Salary $46,653

The Payables/Receivables/Billing Clerk I records and posts payments received and makes payments for vendor invoices and other debts owed by the organization. Processes accounts receivable and accounts payable transactions. Being a Payables/Receivables/Billing Clerk I maintains and reconciles accounts payable and receivable ledger accounts. Verifies amounts owed and received and ensures that transactions are recorded promptly and accurately in accordance with internal accounting policies. In addition, Payables/Receivables/Billing Clerk I prepares reports of delinquent accounts and responds to customer/vendor inquiries. Requires a high school diploma or equivalent. Typically reports to a supervisor or manager. Being a Payables/Receivables/Billing Clerk I works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.

Payables/Receivables/Billing Clerk II - Average Salary $52,893

The Payables/Receivables/Billing Clerk II records and posts payments received and makes payments for vendor invoices and other debts owed by the organization. Processes accounts receivable and accounts payable transactions. Being a Payables/Receivables/Billing Clerk II maintains and reconciles accounts payable and receivable ledger accounts. Verifies amounts owed and received and ensures that transactions are recorded promptly and accurately in accordance with internal accounting policies. In addition, Payables/Receivables/Billing Clerk II prepares reports of delinquent accounts and responds to customer/vendor inquiries. Requires a high school diploma or equivalent. Typically reports to a supervisor or manager. Being a Payables/Receivables/Billing Clerk II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Working as a Payables/Receivables/Billing Clerk II typically requires 1-3 years of related experience, or may need 0 years of experience with additional specialized training and/or certification.

Payables/Receivables/Billing Analyst IV - Average Salary $92,990

The Payables/Receivables/Billing Analyst IV maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Being a Payables/Receivables/Billing Analyst IV generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. In addition, Payables/Receivables/Billing Analyst IV investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. Requires a bachelor's degree. Typically reports to a manager. Being a Payables/Receivables/Billing Analyst IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as a Payables/Receivables/Billing Analyst IV typically requires 7+ years of related experience.