An accounts receivable manager oversees the accounts receivable department. The accounts receivable department receives payment on behalf of the company and ensures that payment deadlines are met. As the manager, it is your duty to ensure that all duties are carried out efficiently and accurately. You are also required to manage the invoice or billing process, manage payroll activities, make monthly deposits to the IRS, and create financial reports. You might also be required to supervise the accountants and bookkeepers who work in your department. Your job as the manager is also to lead your team and ensure that the policies and regulations of the company are upheld.

The average accounts receivable manager earns about $69000 annually with an hourly rate of $33.36. A minimum qualification of a BSc is required to work as an account receivable manager. Managing general ledger accounts, generating financial statements and proper handling of payrolls and customer accounts make the top list of skills for employers. Most candidates study business, accounting, or related fields.

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.

Learn more about what an Accounts Receivable Manager does

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 55.3% of accounts receivable managers have a bachelor's degree. In terms of higher education levels, we found that 6.9% 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.

Learn More About How To Become an Accounts Receivable Manager

Accounts Receivable Manager Career Paths

Average Salary for an Accounts Receivable Manager

Accounts Receivable Managers in America make an average salary of $69,403 per year or $33 per hour. The top 10 percent makes over $114,000 per year, while the bottom 10 percent under $42,000 per year.
Average Accounts Receivable Manager Salary
$69,403 Yearly
$33.37 hourly
$42,000
10 %
$69,000
Median
$114,000
90 %

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How To Become an Accounts Receivable Manager
How To Become an Accounts Receivable Manager Career Overview

States With The Most Accounts Receivable Manager Jobs

Mouse over a state to see the number of active accounts receivable manager jobs in each state. The darker areas on the map show where accounts receivable managers earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Accounts Receivable Manager Jobs By State

RankStateNumber of JobsAverage Salary
1California3,646$91,193
2Texas2,193$66,738
3New York1,889$79,144
4Florida1,516$56,519
5Illinois1,442$73,089
6Pennsylvania1,245$69,714
7Georgia969$60,760
8Virginia953$63,774
9Ohio922$59,896
10Massachusetts910$69,242
11North Carolina826$61,484
12New Jersey814$82,007
13Washington813$83,224
14Maryland677$70,963
15Arizona631$64,579
16Michigan631$62,276
17Colorado579$62,534
18Minnesota567$62,241
19Missouri539$52,573
20Indiana486$65,320
21Tennessee463$61,079
22Oregon425$82,810
23Wisconsin410$56,106
24Connecticut348$84,971
25South Carolina332$63,111
26Utah302$53,212
27Kentucky302$52,902
28Alabama261$48,817
29Arkansas247$53,692
30Iowa219$50,761
31Nevada211$75,674
32Kansas207$47,900
33Louisiana205$64,750
34Oklahoma147$48,329
35Nebraska141$47,325
36New Hampshire115$64,159
37New Mexico103$57,994
38Delaware100$74,341
39Mississippi96$48,818
40Rhode Island93$70,559
41Montana93$54,020
42West Virginia82$62,989
43Idaho81$53,737
44Hawaii74$78,554
45Maine68$52,068
46Alaska65$65,412
47Vermont53$50,086
48North Dakota42$54,123
49South Dakota30$52,530
50Wyoming20$51,727

Accounts Receivable Manager Education

Accounts Receivable Manager Majors

35.8 %
5.3 %

Accounts Receivable Manager Degrees

Bachelors

55.3 %

Associate

23.6 %

High School Diploma

8.3 %

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 • Private

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 • Private

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 • Private

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 • Private

In-State Tuition
$9,625
Enrollment
17,407

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, 13.6% of accounts receivable managers listed customer service on their resume, but soft skills such as analytical skills and communication skills are important as well.

Choose From 10+ Customizable Accounts Receivable Manager Resume templates

Zippia allows you to choose from different easy-to-use Accounts Receivable Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Accounts Receivable Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Accounts Receivable Manager Demographics

Accounts Receivable Manager Gender Distribution

Female
Female
75%
Male
Male
25%

After extensive research and analysis, Zippia's data science team found that:

  • Among accounts receivable managers, 75.0% of them are women, while 25.0% are men.

  • The most common race/ethnicity among accounts receivable managers is White, which makes up 69.0% of all accounts receivable managers.

  • The most common foreign language among accounts receivable managers is Spanish at 59.4%.

Work Experience Programs For Accounts Receivable Managers

Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!

Wealth Management Program

Company: Goodbody

Cost: Free

Duration: 5-6 hours

Audit Program

Company: Grant Thornton Australia

Cost: Free

Duration: 5-6 hours

Digital Assurance Program

Company: PwC Switzerland

Cost: Free

Duration: 5-6 hours

Digital Intelligence in Business Transformation Program

Company: PwC Switzerland

Cost: Free

Duration: 7-8 hours

Commercial Banking Program

Company: JPMorgan Chase

Cost: Free

Duration: 5 hours

Asset Management Program

Company: JPMorgan Chase

Cost: Free

Duration: 5-6.5 hours

Corporate Tax Program

Company: PwC Switzerland

Cost: Free

Duration: 7-8 hours

Global Finance and Business Management Program

Company: JPMorgan Chase & Co.

Cost: Free

Duration: 4-5 hours

Corporate Investment Banking Program

Company: Standard Bank

Cost: Free

Duration: 5.5 hours

Investment Management Program

Company: Fidelity International

Cost: Free

Duration: 5 hours

Online Courses For Accounts Receivable Manager That You May Like

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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, Washington, and Oregon. Accounts receivable managers make the most in California with an average salary of $91,193. Whereas in Connecticut and Washington, they would average $84,971 and $83,224, respectively. While accounts receivable managers would only make an average of $82,810 in Oregon, 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:
3,646
Highest 10% Earn:
$157,000
Location Quotient:
1.28

2. Connecticut

Total Accounts Receivable Manager Jobs:
348
Highest 10% Earn:
$149,000
Location Quotient:
1.08

3. Washington

Total Accounts Receivable Manager Jobs:
813
Highest 10% Earn:
$143,000
Location Quotient:
1.14
Full List Of Best States For Accounts Receivable Managers

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Top Accounts Receivable Manager Employers

Most Common Employers For Accounts Receivable Manager

RankCompanyAverage SalaryHourly RateJob Openings
1Meta$167,071$80.3223
2GE Capital$133,087$63.989
3IBM$120,835$58.0919
4NCO Group$113,767$54.709
5CVS Health$112,553$54.118
6SAIC$109,488$52.6413
7Eaton$96,158$46.237
8McKesson$91,090$43.7916
9AT&T$90,392$43.4620
10Walmart$78,770$37.878

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