Accounts Receivable Specialist Salary in Madison, WI | Robert Half

Accounts Receivable Specialist in Madison, WI

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 basisMaintaining accounts receivable records to ensure aging is up to dateVerifying invoices for appropriate documentation prior to paymentMonitoring incoming payments and ensuring they are applied correctlyReconciling accounts receivable ledger with the general ledgerResolving discrepancies between customer payments and invoicesHandling customer inquiries regarding bills or paymentsAssisting with month-end closing activities such as preparing journal entriesDeveloping reports related to accounts receivable activityWorking with other departments to resolve billing issues or disputesEnsuring 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 Madison, WI
46530 - 56430
25th percentile
46530
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
51728
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
56430
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 65340 72765 90338 Accounts Receivable Manager 65588 75240 94545 Accounts Payable Specialist 44798 50738 55193 Accounts Receivable Analyst 53460 59400 66825 Accounts Payable Analyst 51233 56430 62370 Accounts Receivable Clerk 40590 45293 49748 Accounts Payable Clerk 39848 44550 49748 Billing Manager/Supervisor 52718 65340 82418 Billing Coordinator/Specialist 39848 45540 53213 Billing Clerk 38115 42323 46530 Purchasing Manager – Accounting Operations 62370 75488 89100 Inventory Analyst 43065 53708 64598 Inventory Clerk 35888 40838 50490

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