Accounts Receivable Manager

Accounts Receivable Manager Job Description

Professionals pursuing this position must have a deep understanding of accounting principles, financial statement analysis, and risk management. Accounts receivable managers should also have experience with accounts receivable software systems and be able to develop and implement processes to ensure accuracy and timeliness of payments. Top candidates will have a solid track record in customer service, collections, and dispute resolution, and work well under pressure. A bachelor’s degree in accounting or finance is expected, and a professional certification such as the CPA can be an asset.

Typical accounts receivable manager duties include:

Overseeing the accounts receivable team and ensuring accuracy of all accounts receivable activities

Monitoring and reviewing customer accounts to ensure payment terms are followed and overdue accounts are pursued

Investigating and resolving customer queries and disputes

Preparing, reviewing, and analyzing aging reports to identify trends and recommend solutions

Liaising with external auditors and third-party collection agencies as required

Assisting leadership in the preparation of the annual budget and long-term financial objectives

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Salary for Accounts Receivable Manager

71000 - 99500

25th percentile

71000

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

50th percentile

81250

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

99500

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 Analyst

58750

65000

73000

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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