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Accounts receivable supervisor hiring summary. Here are some key points about hiring accounts receivable supervisors in the United States:
Here's a step-by-step accounts receivable supervisor hiring guide:
An accounts receivable supervisor is responsible for overseeing the operations and activities related to an organization's accounts receivable. Your duties will vary and typically includes processing invoices and following-up on payments, maintaining cash receipts, and resolving payment issues on time. In addition, an accounts receivable supervisor will be responsible for updating and maintaining accurate financial records and ledgers, keeping information confidential to protect the organization's value, and accomplishing accounting and organizational mission by completing relevant results.
Before you post your accounts receivable supervisor job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an accounts receivable supervisor for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them an accounts receivable supervisor to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an accounts receivable supervisor that fits the bill.
Here's a comparison of accounts receivable supervisor salaries for various roles:
| Type of Accounts Receivable Supervisor | Description | Hourly rate |
|---|---|---|
| Accounts Receivable Supervisor | Bill and account collectors, sometimes called collectors, try to recover payment on overdue bills. They negotiate repayment plans with debtors and help them find solutions to make paying their overdue bills easier. | $20-37 |
| Billing Manager | A billing manager is in charge of overseeing the systems and processes concerned with billing in a company. One of their primary duties is to handle the receivable accounts to ensure smooth cash flow, assess the validity of bills, provide corrective measures when necessary, supervise the workforce's performance, and solve issues raised by staff... Show more | $25-54 |
| Collections Coordinator | Usually working alongside a company's account receivables team, a collections coordinator is in charge of developing strategies to optimize the payment collection operations. Among their responsibilities include reaching out to clients through calls or correspondence to remind them of their payment obligations, arranging appointments, processing payments, arranging payment terms, and researching a client's communication information such as cellphone number, address, or email... Show more | $14-22 |
Including a salary range in your accounts receivable supervisor job description is one of the best ways to attract top talent. An accounts receivable supervisor can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Virginia | $71,843 | $35 |
| 2 | California | $69,709 | $34 |
| 3 | Minnesota | $65,133 | $31 |
| 4 | Illinois | $63,165 | $30 |
| 5 | Massachusetts | $62,154 | $30 |
| 6 | Rhode Island | $58,202 | $28 |
| 7 | Arizona | $57,634 | $28 |
| 8 | New York | $56,617 | $27 |
| 9 | Kansas | $55,435 | $27 |
| 10 | Colorado | $54,579 | $26 |
| 11 | Georgia | $53,598 | $26 |
| 12 | North Carolina | $51,541 | $25 |
| 13 | Texas | $50,380 | $24 |
| 14 | Tennessee | $50,219 | $24 |
| 15 | Florida | $46,106 | $22 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | F5 | $100,416 | $48.28 | |
| 2 | Great American Insurance | $73,162 | $35.17 | |
| 3 | HEALTHCAREfirst | $69,261 | $33.30 | |
| 4 | Helen of Troy | $67,628 | $32.51 | 3 |
| 5 | Ascensus | $66,377 | $31.91 | 3 |
| 6 | Republic Services | $66,230 | $31.84 | 9 |
| 7 | CVS Health | $65,834 | $31.65 | 31 |
| 8 | Marzetti | $65,263 | $31.38 | |
| 9 | AmerisourceBergen | $65,237 | $31.36 | |
| 10 | Carnival Cruise Line | $64,448 | $30.98 | 2 |
| 11 | ATCC | $63,539 | $30.55 | 22 |
| 12 | ATI Physical Therapy | $63,481 | $30.52 | |
| 13 | Missouri Athletic Club | $62,883 | $30.23 | |
| 14 | Tenet Healthcare | $61,745 | $29.69 | 5 |
| 15 | Montage Hotels & Resorts | $61,361 | $29.50 | 2 |
| 16 | Nordson | $60,215 | $28.95 | 51 |
| 17 | Choice Hotels | $60,044 | $28.87 | |
| 18 | arrivia | $60,020 | $28.86 | |
| 19 | Schindler Elevator | $59,890 | $28.79 | 6 |
| 20 | Kinder Morgan | $59,587 | $28.65 |
An accounts receivable supervisor job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of an accounts receivable supervisor job description:
There are various strategies that you can use to find the right accounts receivable supervisor for your business:
During your first interview to recruit accounts receivable supervisors, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the accounts receivable supervisor candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Before you start to hire accounts receivable supervisors, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire accounts receivable supervisors pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
Accounts receivable supervisors earn a median yearly salary is $59,005 a year in the US. However, if you're looking to find accounts receivable supervisors for hire on a contract or per-project basis, hourly rates typically range between $20 and $37.