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Working as an Accounts Receivable Manager

There is more than meets the eye when it comes to being an accounts receivable manager. For example, did you know that they make an average of $33.36 an hour? That's $69,391 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does an Accounts Receivable Manager Do

There are certain skills that many accounts receivable managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and organizational skills.

When it comes to the most important skills required to be an accounts receivable manager, we found that a lot of resumes listed 15.8% of accounts receivable managers included general ledger accounts, while 13.8% of resumes included customer service, and 7.4% of resumes included financial statements. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the accounts receivable manager job title. But what industry to start with? Most accounts receivable managers actually find jobs in the health care and retail industries.

How To Become an Accounts Receivable Manager

If you're interested in becoming an accounts receivable manager, one of the first things to consider is how much education you need. We've determined that 42.9% of accounts receivable managers have a bachelor's degree. In terms of higher education levels, we found that 12.0% of accounts receivable managers have master's degrees. Even though most accounts receivable managers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an accounts receivable manager. When we researched the most common majors for an accounts receivable manager, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on accounts receivable manager resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become an accounts receivable manager. In fact, many accounts receivable manager jobs require experience in a role such as office manager. Meanwhile, many accounts receivable managers also have previous career experience in roles such as accounts receivable specialist or administrative assistant.

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Average Salary$69,391
Job Growth Rate16%

Accounts Receivable Manager Career Paths

Top Careers Before Accounts Receivable Manager

Top Careers After Accounts Receivable Manager

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Average Salary for an Accounts Receivable Manager

Accounts Receivable Managers in America make an average salary of $69,391 per year or $33 per hour. The top 10 percent makes over $103,000 per year, while the bottom 10 percent under $46,000 per year.
Average Salary
$69,391

Best Paying Cities

City
Average Salary
San Francisco, CA
Salary Range78k - 141k$105k$105,196
Hartford, CT
Salary Range64k - 114k$86k$85,677
Piscataway, NJ
Salary Range61k - 109k$82k$82,374
Schaumburg, IL
Salary Range60k - 110k$82k$81,942
Newark, DE
Salary Range60k - 106k$80k$80,030
New York, NY
Salary Range59k - 105k$79k$79,201
$33k
$141k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Accounts Receivable Manager
Accounts Receivable Manager
Robert Half
Robert Half
01/29/2021
01/29/2021
$60,00001/29/2021
$60,000
Accounts Receivable Deductions Manager
Accounts Receivable Deductions Manager
Robert Half
Robert Half
01/22/2021
01/22/2021
$70,00001/22/2021
$70,000
Accounts Receivable Manager
Accounts Receivable Manager
Robert Half
Robert Half
01/21/2021
01/21/2021
$55,00001/21/2021
$55,000
Accounts Receivable Manager
Accounts Receivable Manager
Robert Half
Robert Half
01/08/2021
01/08/2021
$79,30601/08/2021
$79,306
Accounts Receivable Manager
Accounts Receivable Manager
Randstad
Randstad
12/22/2020
12/22/2020
$52,00012/22/2020
$52,000
See More Recent Salaries

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Accounts Receivable Manager Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming an Accounts Receivable Manager. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write an Accounts Receivable Manager Resume

At Zippia, we went through countless Accounts Receivable Manager resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

Accounts Receivable Manager Demographics

Gender

female

69.8 %

male

25.6 %

unknown

4.6 %

Ethnicity

White

68.4 %

Hispanic or Latino

14.9 %

Black or African American

7.8 %

Foreign Languages Spoken

Spanish

59.4 %

French

9.1 %

Portuguese

5.1 %
See More Demographics

Accounts Receivable Manager Education

Majors

Business
35.0 %

Degrees

Bachelors

42.9 %

Associate

21.3 %

High School Diploma

12.6 %

Top Colleges for Accounts Receivable Managers

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Public

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. SUNY Farmingdale

Farmingdale, NY • Public

In-State Tuition
$8,306
Enrollment
9,394

9. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

10. SUNY Stony Brook

Stony Brook, NY • Public

In-State Tuition
$9,625
Enrollment
17,407
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For an Accounts Receivable Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 15.8% of accounts receivable managers listed general ledger accounts on their resume, but soft skills such as analytical skills and communication skills are important as well.

Best States For an Accounts Receivable Manager

Some places are better than others when it comes to starting a career as an accounts receivable manager. The best states for people in this position are California, Connecticut, New Jersey, and Illinois. Accounts receivable managers make the most in California with an average salary of $95,391. Whereas in Connecticut and New Jersey, they would average $85,935 and $82,369, respectively. While accounts receivable managers would only make an average of $81,709 in Illinois, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. California

Total Accounts Receivable Manager Jobs:
3,359
Highest 10% Earn:
$164,000
Location Quotient:
1.29
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Connecticut

Total Accounts Receivable Manager Jobs:
285
Highest 10% Earn:
$146,000
Location Quotient:
1.11
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Illinois

Total Accounts Receivable Manager Jobs:
1,118
Highest 10% Earn:
$141,000
Location Quotient:
1.15
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Accounts Receivable Manager Employers

1. Robert Half International
4.5
Avg. Salary: 
$59,458
Accounts Receivable Managers Hired: 
79+
2. Randstad USA
4.1
Avg. Salary: 
$64,641
Accounts Receivable Managers Hired: 
38+
3. IBM
4.8
Avg. Salary: 
$78,366
Accounts Receivable Managers Hired: 
18+
4. SCP Distributors
4.0
Avg. Salary: 
$61,787
Accounts Receivable Managers Hired: 
17+
5. AT&T
4.8
Avg. Salary: 
$72,609
Accounts Receivable Managers Hired: 
16+
6. McKesson
4.8
Avg. Salary: 
$76,637
Accounts Receivable Managers Hired: 
15+

Accounts Receivable Manager Videos

Updated October 2, 2020