What does an Accounts Receivable Specialist do?

Accounts receivable specialists are tasked with overseeing billing operations and processes in order to ensure collection of account balances. This generally entails billing for invoiced orders, supporting collection efforts, and reviewing account disrepancies. Accounts receivable specialists are needed in a variety of accounting environments.

Most accounts receivable specialists have an associate's degree in accounting. The best accounts receivable specialists have a knack for numbers, are very outcome oriented, and have strong prioritization skills.

What responsibilities are common for Accounts Receivable Specialist jobs?
  • Process accounts receivable transactions
  • Continuous evaluation of current policies and recommendations for process improvements
  • Handle sensitive information in a confidential manner
  • Provide support for internal and external audits
  • Prepare cash receipts for processing
  • Perform account reconciliations in a timely and accurate manner
  • Manage collection efforts and associated functions
What are the typical qualifications for Accounts Receivable Specialist jobs?
  • At minimum, an associate's degree in Accounting or related field
  • 2-3 years of experience with collections, invoicing, and/or accounts receivable
  • Proficient in Microsoft Office applications
  • Knowledge of GAAP and basic accounting principles
  • Strong attention to detail with a dedication to accuracy
  • Excellent verbal and written communication skills
  • Ability to analyze large sets of data
  • High degree of familiarity with accounts receivable functions
EducationBachelor's Degree
Work/Life Balance
3.5 ★
Total Pay--
Career Opportunity
3.3 ★
Avg. Experience2-4 years

How much does an Accounts Receivable Specialist make?

Confident
$45,111 /yr
Total Pay
$42,582
 /yr

Base Pay

+
$2,529
 /yr

Additional Pay

$45,111

 / yr
$35K$59K
Most Likely Range
Possible Range
See More Insights

Accounts Receivable Specialist Career Path

Learn how to become an Accounts Receivable Specialist, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Accounts Receivable Specialist
$45,111/yr
Senior Accounts Receivable Specialist
$51,503/yr
Accounts Receivable Specialist

Years of Experience Distribution

0 - 1
35%
2 - 4
54%
5 - 7
3%
8+
8%
Not including years spent in education and/or training

Accounts Receivable Specialist Insights

Read what Accounts Receivable Specialist professionals have to say about their job experiences and view top companies for this career.
StrataPTStrataPT
AR Specialist
May 19, 2020

“Everyone is so kind and helpful and I am proud to say that I work here.”

CaterpillarCaterpillar
Accounts Receivable
Jul 10, 2022

“I loved working with my team and the manager was the best I have ever had!”

iHeartMediaiHeartMedia
Accounts Receivable Specialist
Nov 2, 2021

“They do pay into your HSA each year though and pay for LifeLock which is nice.”

Helia HealthcareHelia Healthcare
AR Manager
Jul 29, 2022

“Great industry to work in and make a difference in the lives of the elderly.”

Life Care Centers of AmericaLife Care Centers of America
Accounrs Receivables
Sep 4, 2022

“Low pay for all of the work and they don't want to pay overtime.”

Dell TechnologiesDell Technologies
Accounts Receivable Specialist
Jun 10, 2020

“Dell will be the best choice if you are looking for an opportunity to grow in terms of your career.”

VWR InternationalVWR International
Accounts Receivable
Feb 14, 2022

“Comfortable place to start the career but not the best place to stay too long.”

UPS Supply Chain SolutionsUPS Supply Chain Solutions
Accounts Receivable Clerk
Sep 3, 2021

“Their pay is decent if you don’t have a degree but if you do it’s crap.”

See More

Accounts Receivable Specialist Interviews

Frequently asked questions about the role and responsibilities of accounts receivable specialists

The typical day of an accounts receivable specialist includes contacting clients or customers and settling payments on their accounts. They achieve this by sending invoices and keeping records of payments made. They also perform other duties, such as making bank deposits, answering customer questions about billing, and auditing the ledgers to ensure accuracy when necessary.

Working as an accounts receivable specialist can provide an excellent work-life balance. That's because they usually work normal business hours from 9 to 5. Most often, specialists perform their duties strictly during those hours, which means they don't bring any work home with them. Depending on where they work, some specialists can also work remotely.

Yes, accounts receivable specialists get paid well. The average salary for accounts receivable specialists is $45,111 per year. However, depending on where they work and their relevant experience, some specialists can make even more. For instance, if they earn a lead or senior specialist position, they can make anywhere from $34,944 to $58,790 per year.

Though there are many benefits to becoming an accounts receivable specialist, there are also some challenges. One of the biggest is their workload. It's possible that some specialists might have a lot of accounts to contact and records to maintain during their workday. To help balance that, it's helpful if they have excellent prioritization and organization skills.

Related Careers

Management Accountant
$109,071
13% skills overlap
Accountant
$59,396
50% skills overlap
Accounting Manager
$97,603
Cost Accountant
$72,816
38% skills overlap

Accounts Receivable Specialist Jobs