Accounts Receivable Analyst in Detroit, MI

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 irregularitiesGenerating and sending out invoicesPerforming account reconciliationsFollowing up on, collecting, and allocating paymentsReviewing AR aging to ensure complianceInvestigating and resolving customer queries

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Salary for Accounts Receivable Analyst in Detroit, MI
58750 - 73000
25th percentile
58750
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
65000
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
73000
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 71000 81250 99500 Accounts Receivable Specialist 53250 58500 62000 Accounts Receivable Clerk 43250 50500 56500 Accounts Payable Manager 68750 78250 96750 Accounts Payable Analyst 56500 62000 68000 Accounts Payable Specialist 50250 54750 61500 Accounts Payable Clerk 42500 48250 53750 Billing Manager/Supervisor 58750 71500 89500 Billing Specialist 43250 50250 58250 Billing Clerk 41500 46750 51750 Purchasing Manager 65500 79250 93500 Purchasing Assistant 41750 47250 55000 Inventory Analyst 47000 58750 70500 Inventory Clerk 38750 44000 54000
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