Accounts Payable/Receivable Clerk III Salary in Chicago, Illinois

How much does an Accounts Payable/Receivable Clerk III make in Chicago, IL? The average Accounts Payable/Receivable Clerk III salary in Chicago, IL is $58,896 as of February 27, 2023, but the range typically falls between $52,767 and $66,580. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Job Description

Processes accounts receivable and accounts payable transactions. Records and posts payments received and makes payments for vendor invoices and other debts owed by the organization. Verifies amounts owed and received and ensures that transactions are recorded promptly and accurately in accordance with internal accounting policies. Maintains and reconciles accounts payable and receivable ledger accounts. Prepares reports of delinquent accounts and responds to customer/vendor inquiries. Requires a high school diploma or equivalent. Typically reports to a supervisor or manager. Works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Typically requires 3-5 years of related experience, or may need 2 years experience with additional specialized training and/or certification. (Copyright 2023 Salary.com)

Take just three simple steps below to generate your own personalized salary report.

Step of 3

Understand the total compensation opportunity for a Accounts Payable/Receivable Clerk III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
52767
66580
58896

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
53854
69115
60706
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Accounts Payable/Receivable Clerk III in Chicago, IL. The base salary for Accounts Payable/Receivable Clerk III ranges from $52,767 to $66,580 with the average base salary of $58,896. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,854 to $69,115 with the average total cash compensation of $60,706.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

52767
66580

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

Career Path for this job

  1. Down a level:

    Accounts Payable/Receivable Clerk II

    1 - 3 years experience
    High School Diploma or Tech Certificate

  2. This Job:

    Accounts Payable/Receivable Clerk III

    3 - 5 years experience
    High School Diploma or Tech Certificate

  3. Up a level:

    Accounts Payable/Receivable Supervisor

    3 + years experience
    Bachelor's Degree

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Accounts Payable/Receivable Clerk III in Chicago, IL