Accounts Receivable Specialist in Chicago, IL

Accounts Receivable Specialist Job Description

Firms look for accounts receivable specialists with strong communication and customer service skills, a keen eye for detail, and the ability to work independently or as part of a team. All candidates should be proficient with Microsoft Office applications, particularly Excel, and previous experience working with accounting software like QuickBooks and Oracle is preferred. Other requirements include a bachelor’s degree and two to three years of experience in a similar role.

Typical accounts receivable specialist duties:

Generating timely and accurate customer invoices on a monthly basis

Maintaining accounts receivable records to ensure aging is up to date

Verifying invoices for appropriate documentation prior to payment

Monitoring incoming payments and ensuring they are applied correctly

Reconciling accounts receivable ledger with the general ledger

Resolving discrepancies between customer payments and invoices

Handling customer inquiries regarding bills or payments

Assisting with month-end closing activities such as preparing journal entries

Developing reports related to accounts receivable activity

Working with other departments to resolve billing issues or disputes

Ensuring compliance with all applicable laws and regulations related to accounts receivable activities

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Microsoft Excel

Spreadsheets

QuickBooks

SAP S/4HANA

Accounting Software Systems

Accounts Receivable (AR)

Customer Service

Invoice

Collection Processes

Payment Processing

Salary for Accounts Receivable Specialist in Chicago, IL

58280 - 70680

25th percentile

58280

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

64790

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

70680

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Accounts Payable Manager

81840

91140

113150

Accounts Receivable Manager

82150

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118420

Accounts Payable Specialist

56110

63550

69130

Accounts Receivable Analyst

66960

74400

83700

Accounts Payable Analyst

64170

70680

78120

Accounts Receivable Clerk

50840

56730

62310

Accounts Payable Clerk

49910

55800

62310

Billing Manager/Supervisor

66030

81840

103230

Billing Coordinator/Specialist

49910

57040

66650

Billing Clerk

47740

53010

58280

Purchasing Manager – Accounting Operations

78120

94550

111600

Inventory Analyst

53940

67270

80910

Inventory Clerk

44950

51150

63240

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