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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Accounts receivable

Auditing

Automated clearing house

Billing and invoicing

Business planning and forecasting

Cash application

Credit and collections

Customer service

Data fluency and analytics

ERP software proficiency

Month-end close

Salary for Accounts Receivable Specialist in Chicago, IL

69688 - 83438

Low

69688

The candidate is new to the role or has limited experience and is still developing core skills.

Mid

76250

The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.

High

83438

The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.

Projected salaries for related positions

Job title

Low

Mid

High

Accounts Receivable Manager

91250

110000

135000

Accounts Receivable Analyst

74688

84688

93125

Accounts Receivable Clerk

55625

65313

73438

Accounts Payable Manager

87813

103438

131250

Accounts Payable Analyst

72813

78750

87813

Accounts Payable Specialist

65625

71875

80313

Accounts Payable Clerk

55000

62500

69375

Billing Manager

75000

91563

113750

Billing Specialist

55938

64375

74688

Billing Clerk

53750

59688

66563

Full Charge Bookkeeper

83750

93750

108125

Bookkeeper

72500

82500

92500

Credit Manager

101563

119688

140000

Credit and Collections Analyst

73438

85000

95938

Credit and Collections Specialist

60938

72500

87188

Inventory Analyst

60625

76875

91563

Inventory Clerk

50313

56563

69063

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