Accounts Receivable Analyst in Chicago, IL

Accounts Receivable Analyst Job Description

An accounts receivable analyst ensures the company receives payments for goods and services and correctly records these transactions. This position is vital for the financial cycle of the company and directly impacts cash flow and liquidity. Candidates should possess a bachelor’s degree in accounting or finance, with at least two to four years of experience in a related field. Employers look for candidates with experience using advanced Excel and other accounting software.

Typical accounts receivable analyst duties:

Monitoring customer account details for nonpayments, delayed payments, and irregularities

Generating and sending out invoices

Performing account reconciliations

Following up on, collecting, and allocating payments

Reviewing AR aging to ensure compliance

Investigating and resolving customer queries

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Salary for Accounts Receivable Analyst in Chicago, IL

71675 - 89060

25th percentile

71675

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

79300

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

89060

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Accounts Receivable Manager

86620

99125

121390