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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 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 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 Accounts Receivable Specialist 64965 71370 75640 Accounts Receivable Clerk 52765 61610 68930 Accounts Payable Manager 83875 95465 118035 Accounts Payable Analyst 68930 75640 82960 Accounts Payable Specialist 61305 66795 75030 Accounts Payable Clerk 51850 58865 65575 Billing Manager/Supervisor 71675 87230 109190 Billing Specialist 52765 61305 71065 Billing Clerk 50630 57035 63135 Purchasing Manager 79910 96685 114070 Purchasing Assistant 50935 57645 67100 Inventory Analyst 57340 71675 86010 Inventory Clerk 47275 53680 65880

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