How Much Do Accounts Receivable Officer Make?
How much do accounts receivable officer make? Discover the average salary, base salary, and compensation for accounts receivable officer in the accounting & finance category. Learn about accounts receivable officer pay per hour, per week, per month, and per annum with detailed salary ranges from $45,000 to $55,000.
How Much Do Accounts Receivable Officer Make? Complete Salary Guide
How much do accounts receivable officer make? This is one of the most common questions in career planning. Accounts Receivable Officer in the Accounting & Finance field can expect to earn an average salary of $55,000 per year, with entry-level positions starting at $45,000 and experienced professionals earning up to $55,000 annually.
When breaking down the average salary of accounts receivable officer by time periods, accounts receivable officer typically make around $4,583.333 per month and approximately $1,057.692 per week. The basic salary of accounts receivable officer varies significantly based on experience level, location, and industry specialization. Entry-level accounts receivable officer typically start with a base salary of $45,000, while mid-career professionals earn an average of $55,000, and senior-level roles can command salaries exceeding $55,000.
The salary landscape for accounts receivable officer is influenced by several key factors including geographic location, years of experience, educational background, and specific industry demands. How much do accounts receivable officer make in a week? On average, this translates to approximately $1,057.692 per week. How much do accounts receivable officer make per annum? The annual salary range spans from $40,000 to $75,000, with the median salary sitting at $55,000. Additionally, many accounts receivable officer receive bonuses averaging $3,000 annually, representing approximately 10.25% of their base salary.
How Much Do Accounts Receivable Officer Get Paid Per Annum? Accounts Receivable Officer Salary
Annual salary data for accounts receivable officer across different experience levels, showing entry-level, mid-career, and experienced professional compensation ranges based on industry standards.
Entry Level Annual Salary
Mid-Career Annual Salary
Experienced Annual Salary
How Much Do Accounts Receivable Officer Get Paid in a Month? Accounts Receivable Officer Monthly Salary
Monthly salary breakdowns for accounts receivable officer at different career stages, providing practical budgeting insights and compensation expectations for financial planning.
Entry Level Monthly Salary
Mid-Career Monthly Salary
Experienced Monthly Salary
How Much Do Accounts Receivable Officer Get Paid in Different Locations?
Geographic salary variations for accounts receivable officer across different cities and regions, including cost of living adjustments and regional market demand factors that impact compensation.
Accounts Receivable Officer Salary Trends
Historical salary progression for accounts receivable officer over the past years, showing year-over-year compensation growth and market trends in the industry.
Accounts Receivable Officer Salary Trends (2020 - 2025)
Bonus & Compensation Package
Additional compensation beyond base salary, including bonuses, commissions, and overtime opportunities that contribute to total annual earnings.
Bonus Percentage
of annual salary
Bonuses for Accounts Receivable Officers are usually based on performance metrics, such as collections efficiency, accuracy, and timely reporting.
Average Bonus
annually
Commission
An Accounts Receivable Officer role may offer commission or incentives based on performance metrics, such as timely collections and achieving financial targets, enhancing motivation and rewards.
Overtime
Overtime pay for Accounts Receivable Officers is common, especially during peak periods or month-end closings, reflecting the increased workload and demand for timely financial management.
Employee Benefits Package
Comprehensive benefits and perks provided to employees, including health coverage, retirement plans, time off policies, and professional development opportunities.
Comprehensive Benefits
Typical benefits for an Accounts Receivable Officer include health insurance, 401(k) retirement plans, paid time off (PTO), flexible work hours, professional development opportunities, and performance bonuses.
Accounts Receivable Officer Job Overview
Comprehensive details about the accounts receivable officer role including daily responsibilities, work environment, physical demands, and key tasks that define this career path.
About This Role
An Accounts Receivable Officer manages incoming payments, ensuring timely invoicing and collections. They monitor customer accounts, resolve discrepancies, and maintain accurate records. This role is crucial for cash flow management, fostering strong client relationships, and supporting the financial health of the organization through diligent tracking and reporting of receivables.
Primary Responsibilities
Invoicing customers, managing customer accounts, tracking payments, reconciling discrepancies, maintaining financial records, communicating with clients regarding overdue accounts, processing refunds and adjustments, preparing reports on receivables status, collaborating with sales and finance teams, ensuring compliance with company policies.
Day-to-Day Tasks
An Accounts Receivable Officer manages customer invoices, tracks payments, reconciles accounts, resolves discrepancies, maintains records, communicates with clients regarding outstanding balances, and prepares financial reports to ensure accurate cash flow.
Work Environment
Hybrid
Accounts Receivable Officers typically work in office environments, using computers to manage invoices, payments, and customer accounts efficiently.
Physical Demands
Moderate
Accounts Receivable Officers typically work in an office environment, requiring prolonged sitting, computer use, and occasional overtime during peak periods or financial reporting deadlines.
Accounts Receivable Officer Requirements & Prerequisites
Essential qualifications and credentials needed to pursue a career as a accounts receivable officer, including educational background, certifications, and experience requirements.
Education
Typically a Bachelor’s degree.
Field: Accounting, Finance, Business Administration, Economics, Mathematics, Management, Commerce.
Experience
3 years
Employers seek candidates with strong financial acumen, proficiency in accounting software, attention to detail, excellent communication skills, and experience in managing collections and maintaining accurate financial records.
Certifications
Certified Accounts Receivable Professional (CARP), Certified Credit and Collection Specialist (CCCS), Certified Public Accountant (CPA), Certified Management Accountant (CMA), Financial Risk Manager (FRM), Chartered Global Management Accountant (CGMA), Accredited Business Accountant (ABA).
Required Skills
Attention to detail, strong communication skills, organizational skills, proficiency in accounting software, analytical thinking, problem-solving abilities, time management, customer service orientation.
Technical Skills
Soft Skills
Accounts Receivable Officer Career Path
Professional progression opportunities for accounts receivable officer from entry-level to senior management, including typical career advancement timeline and role evolution.
Entry Level
Accounts Receivable Clerk, Billing Specialist, Financial Assistant
Early-career Accounts Receivable Officers manage customer invoices, track payments, resolve discrepancies, maintain financial records, and ensure timely collection to support cash flow and company finances.
Mid-Career
Accounts Receivable Clerk, Billing Specialist, Credit Analyst
Mid-career Accounts Receivable Officers manage invoicing, collections, reconcile accounts, maintain customer relationships, analyze financial data, ensure compliance, and optimize cash flow for the organization.
Senior Management
Accounts Receivable Manager, Credit and Collections Supervisor, Financial Operations Director
Senior Accounts Receivable Officers oversee invoicing, collections, cash application, financial reporting, and team management, ensuring timely payments and maintaining positive client relationships for optimal cash flow.
Career Progression Timeline
Timeline: 5 years
An Accounts Receivable Officer typically progresses to roles such as Senior Accounts Receivable Specialist or Finance Manager, gaining expertise in financial management and leadership responsibilities. Advancement often includes increased oversight and strategic decision-making.
Accounts Receivable Officer Industry & Growth
Market outlook and growth prospects for accounts receivable officer, including industry trends, job market demand, and factors influencing career opportunities and advancement.
Job Outlook
Stable
Projected: 2024–2034
Industry Trends
Automation and AI integration, Increased focus on data analytics, Remote work flexibility
Growth Factors
Growing businesses, increased credit sales, regulatory compliance needs, enhanced cash flow management, and the rise of digital invoicing drive demand for Accounts Receivable Officers.
Future Opportunities
AI-driven automation, blockchain for secure transactions, fintech solutions, remote payment platforms, and data analytics for credit risk assessment are emerging opportunities for Accounts Receivable Officers.
Accounts Receivable Officer Related Professions
Alternative career paths and similar roles for accounts receivable officer, including career transitions, related positions, and advancement opportunities within the field.
Similar Roles
Career Alternatives
Upgrade Paths
Related Entry Roles
Accounts Receivable Officer Skills & Development
Essential skills and professional development resources for accounts receivable officer, including technical abilities, soft skills, recommended courses, and ongoing learning opportunities.
Technical Skills
Soft Skills Needed
Recommended Certifications
Recommended Courses
Development Resources
Training Timeline
Estimated training time
Frequently Asked Questions About Accounts Receivable Officer Salary
Common questions and answers about pursuing a career as a accounts receivable officer, covering qualifications, salary expectations, career prospects, and practical career guidance.
What qualifications are needed to become an Accounts Receivable Officer?
Typically, a degree in finance, accounting, or business administration is required, along with strong analytical skills.
What is the average salary of an Accounts Receivable Officer?
The average salary ranges from $40,000 to $60,000 per year, depending on experience and location.
What skills are essential for an Accounts Receivable Officer?
Key skills include attention to detail, proficiency in accounting software, and strong communication abilities.
How can I advance my career as an Accounts Receivable Officer?
Gaining additional certifications and pursuing advanced education in finance can enhance career prospects.
Do Accounts Receivable Officers typically receive bonuses or commissions?
Some positions may offer performance-based bonuses or incentives based on collections success.
How Much Others Make?
Explore salary data for other professions to compare compensation across different career paths and industries.