What is the average Accounts Receivable Analyst salary for Chicago, IL?
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As of April 24, 2024, the average Accounts Receivable Analyst salary in Chicago, IL is $87,430. The chart below represents localized salaries for some of our most popular Accounts Receivable Analyst job titles in Chicago, IL. Salaries can vary greatly depending on numerous factors, including position, location, years of experience, and level of education. Salary.com’s team of Certified Compensation Professionals analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to compile a range of salaries for various Accounts Receivable Analyst job titles in Chicago, IL. Apply your personal criteria to one of the job titles below to get your personalized salary estimate.
Accounts Receivable Analyst Salaries in Chicago, IL
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Accounts Receivable Analyst II | $63,371 | $30.47 | Chicago, IL | April 24, 2024 |
| Accounts Receivable Analyst I | $57,153 | $27.48 | Chicago, IL | April 24, 2024 |
| Accounts Receivable Analyst III | $74,035 | $35.59 | Chicago, IL | April 24, 2024 |
| Accounts Receivable Analyst IV | $83,546 | $40.17 | Chicago, IL | April 24, 2024 |
| Accounts Payable/Receivable Analyst II | $66,092 | $31.78 | Chicago, IL | April 24, 2024 |
| Accounts Payable/Receivable Analyst I | $60,694 | $29.18 | Chicago, IL | April 24, 2024 |
| Accounts Payable/Receivable Analyst III | $79,262 | $38.11 | Chicago, IL | April 24, 2024 |
| Accounts Payable/Receivable Analyst IV | $91,619 | $44.05 | Chicago, IL | April 24, 2024 |
| Accounts Receivable Manager | $108,134 | $51.99 | Chicago, IL | April 24, 2024 |
| Accounts Receivable Supervisor | $78,538 | $37.76 | Chicago, IL | April 24, 2024 |
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Analyzes accounts receivable transactions to ensure compliance with internal controls and accounting policies. Maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Utilizes AR data to identify trends, inefficiencies, delinquent accounts, and opportunities for improvements to accounts receivable policies and procedures. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May be responsible for ad hoc customer billing and responding to customer inquiries regarding bills. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. Accounts Receivable Analyst II Salaries in Chicago, ILAlternate Job Titles:Accounts Receivable Specialist II, AR Analyst II, Billing and Collections Analyst II, Accounts Receivable Analyst II
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Analyzes accounts receivable transactions to ensure compliance with internal controls and accounting policies. Maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Utilizes AR data to identify trends, inefficiencies, delinquent accounts, and opportunities for improvements to accounts receivable policies and procedures. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May be responsible for ad hoc customer billing and responding to customer inquiries regarding bills. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Accounts Receivable Analyst I Salaries in Chicago, ILAlternate Job Titles:Accounts Receivable Specialist I, AR Analyst I, Billing and Collections Analyst I, Accounts Receivable Analyst ICategories : Entry Level , Accounting , Administrative, Support, and Clerical , Banking , Financial Services
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Analyzes accounts receivable transactions to ensure compliance with internal controls and accounting policies. Maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Utilizes AR data to identify trends, inefficiencies, delinquent accounts, and opportunities for improvements to accounts receivable policies and procedures. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May be responsible for ad hoc customer billing and responding to customer inquiries regarding bills. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Accounts Receivable Analyst III Salaries in Chicago, ILAlternate Job Titles:Accounts Receivable Specialist III, AR Analyst III, Billing and Collections Analyst III, Accounts Receivable Analyst III
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Analyzes accounts receivable transactions to ensure compliance with internal controls and accounting policies. Maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Utilizes AR data to identify trends, inefficiencies, delinquent accounts, and opportunities for improvements to accounts receivable policies and procedures. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May be responsible for ad hoc customer billing and responding to customer inquiries regarding bills. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. Accounts Receivable Analyst IV Salaries in Chicago, ILAlternate Job Titles:Accounts Receivable Specialist IV, AR Analyst IV, Billing and Collections Analyst IV, Accounts Receivable Analyst IV
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Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. Accounts Payable/Receivable Analyst II Salaries in Chicago, ILAlternate Job Titles:Accounts Payable/Receivable Specialist II, AP/AR Analyst II, Payables/Receivables/Billing Analyst II, Accounts Payable/Receivable Analyst II
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Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Accounts Payable/Receivable Analyst I Salaries in Chicago, ILAlternate Job Titles:Accounts Payable/Receivable Specialist I, AP/AR Analyst I, Payables/Receivables/Billing Analyst I, Accounts Payable/Receivable Analyst ICategories : Entry Level , Accounting , Administrative, Support, and Clerical , Banking , Financial Services
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Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Accounts Payable/Receivable Analyst III Salaries in Chicago, ILAlternate Job Titles:Accounts Payable/Receivable Specialist III, AP/AR Analyst III, Payables/Receivables/Billing Analyst III, Accounts Payable/Receivable Analyst III
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Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. Accounts Payable/Receivable Analyst IV Salaries in Chicago, ILAlternate Job Titles:Accounts Payable/Receivable Specialist IV, AP/AR Analyst IV, Payables/Receivables/Billing Analyst IV, Accounts Payable/Receivable Analyst IV
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Manages accounts receivable functions to ensure compliance with internal controls and accounting policies. Oversees collection activities such as sending follow-up inquiries, negotiating with past-due accounts, and keeping track of cash receipts. Monitors account aging reports, identifies delinquent accounts, and refers accounts to collection agencies. Develops and implements controls and policies to ensure accurate and compliant receivable records. Verifies customer credit limits and applicable payment terms. Audits methods and procedures of accounts receivable function to improve efficiency. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. Accounts Receivable Manager Salaries in Chicago, ILAlternate Job Titles:Accounts Receivable Operations Manager, AR Manager, Billing and Collections Manager, Accounts Receivable ManagerCategory : Accounting
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Responsible for supervising and guiding operations in the accounts receivable function of an organization. Maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Monitors collection period and sends follow-up inquiries regarding payments for the organization. Negotiates with past-due accounts to resolve all payment issues in a timely manner. Implements standard operating procedures to ensure compliance with internal accounting policies and controls. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Requires a bachelor's degree. Typically reports to a manager. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. Accounts Receivable Supervisor Salaries in Chicago, ILAlternate Job Titles:Accounts Receivable Operations Supervisor, AR Supervisor, Billing and Collections Supervisor, Accounts Receivable SupervisorCategory : Accounting