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Account Receivable Associate Jobs in Elgin, IL (NOW HIRING)

Accounts Receivable Associate Location: Cary, IllinoisCoilcraft, Inc. is a privately held global ... About the Role and Your ImpactConduct account research and analysisReconcile customer accounts and ...

Accounts Receivable Associate

Cary, IL

$19.25 - $24.75/hr

Accounts Receivable Associate Location: Cary, Illinois Coilcraft, Inc. is a privately held global ... Conduct account research and analysis * Reconcile customer accounts and maintain accurate records

Accounts Receivable Associate Location: Cary, Illinois Coilcraft, Inc. is a privately held global ... Conduct account research and analysis * Reconcile customer accounts and maintain accurate records

Specialist- Account Receivable

Lombard, IL · On-site

$19.75 - $26.25/hr

The Accounts Receivable Specialist is responsible for accurately applying customer payments ... Associate or bachelor's degree in related field preferred. * Preferred experience with customer ...

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Account Receivable Associate information

See Elgin, IL salary details

$12

$21

$29

How much do account receivable associate jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for account receivable associate in Elgin, IL is $21.28, according to ZipRecruiter salary data. Most workers in this role earn between $18.08 and $23.27 per hour, depending on experience, location, and employer.

What is an account receivable associate?

Account Receivable Associates are professionals responsible for managing and processing incoming payments for a business. They ensure that clients are billed correctly, track outstanding invoices, reconcile accounts, and follow up on overdue payments. Their work helps maintain healthy cash flow and accurate financial records for the organization. Strong attention to detail and communication skills are important in this role.

What are the key skills and qualifications needed to thrive as an account receivable associate?

To thrive as an Account Receivable Associate, you need strong numerical accuracy, attention to detail, and a good understanding of accounting principles, often supported by a degree in finance or accounting. Familiarity with accounting software such as QuickBooks, SAP, or Oracle, and proficiency in Excel are typically required. Excellent communication, organization, and problem-solving skills help you build relationships with clients and resolve payment issues efficiently. These skills ensure accurate financial records, timely cash flow, and effective collaboration within the finance team.

What are some common challenges account receivable associates face, and how can they effectively manage them?

Account Receivable Associates often encounter challenges such as managing overdue accounts, maintaining accurate records, and handling high volumes of transactions. To navigate these issues, it’s important to communicate clearly with clients about payment terms, use accounting software to track receivables efficiently, and collaborate closely with sales and finance teams. Staying organized and proactive in follow-ups can help minimize late payments and ensure smooth cash flow for the company.

What is the difference between Account Receivable Associate vs Accounts Payable Clerk?

AspectAccount Receivable AssociateAccounts Payable Clerk
Primary FocusManaging incoming payments and customer accountsProcessing outgoing payments and vendor accounts
CredentialsTypically requires accounting or finance background, basic certificationsSimilar credentials, often with bookkeeping or accounting knowledge
Work EnvironmentFinance or accounting departments, office settingFinance or accounting departments, office setting
Industry UsageCommon in retail, manufacturing, service industriesCommon in corporate, manufacturing, and service sectors

Both roles involve accounting functions within finance departments, focusing on different sides of financial transactions. The Account Receivable Associate handles incoming payments and customer accounts, while the Accounts Payable Clerk manages outgoing payments to vendors. They share similar credentials and work environments, making them closely related but distinct roles within the finance team.

Can you be an account receivable associate without experience?

An account receivable associate position typically requires some knowledge of accounting principles and familiarity with financial software, but many entry-level roles are open to candidates without prior experience. Employers often provide on-the-job training, and relevant skills such as attention to detail and basic computer proficiency can help candidates qualify for these roles.

Is accounts receivable a good entry-level job?

An accounts receivable associate role is often suitable for entry-level candidates, as it typically requires basic accounting skills, attention to detail, and proficiency with accounting software. It provides foundational experience in finance and customer communication, making it a common starting point in accounting careers.

What are the most commonly searched types of Account Receivable jobs in Elgin, IL?

The most popular types of Account Receivable jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Account Receivable Associate jobs?

Cities near Elgin, IL with the most Account Receivable Associate job openings:

Infographic showing various Account Receivable Associate job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 23% Part Time, 2% Temporary, and 2% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $44,270 per year, or $21.3 per hour.

Accounts Receivable Associate

Coilcraft

Cary, IL • On-site

$23 - $28/hr

Full-time

Medical, Retirement

Re-posted 2 days ago


Coilcraft rating

8.3

Company rating: 8.3 out of 10

Based on 9 frontline employees who took The Breakroom Quiz


Job description

HELP KEEP OUR GLOBAL BUSINESS MOVING AT COILCRAFTPosition: Accounts Receivable Associate Location: Cary, IllinoisCoilcraft, Inc. is a privately held global manufacturer headquartered in Cary, Illinois, with a 75+ year reputation for engineering excellence. We are seeking an Accounts Receivable Associate to join our Accounting team. In this role, you'll support customer accounts, cash application, collections, and account reconciliation while helping maintain the financial health of our global organization.About the Role and Your ImpactConduct account research and analysisReconcile customer accounts and maintain accurate recordsMaintain customer credit filesResolve past-due invoices and payment discrepanciesMaintain the customer credit hold systemApply and post customer cash receiptsBuild strong relationships with internal and external customersSupport additional accounts receivable functions as assignedWho We're Looking ForAssociate's or Bachelor's degree in Business, Accounting, Finance, or related field preferredSolid understanding of fundamental accounting conceptsStrong attention to detail and organizational skillsIntermediate Microsoft Excel and general computer skillsExcellent communication skillsPreferred SkillsAccounts receivable or accounting experienceERP or accounting software experienceCustomer service or collections experienceStrong analytical skillsWhy You'll Love Working at CoilcraftStable company with a 75+ year historyCollaborative accounting teamCareer growth opportunitiesComprehensive benefits including health insurance, tuition assistance, 401(k) with company match, and profit sharingBenefits401(k) MatchingDental InsuranceDisability InsuranceEmployee Assistance ProgramFlexible Spending AccountHealth InsuranceHealth Savings AccountLife InsurancePaid HolidaysPaid Time OffProfit SharingTuition AssistanceVision InsuranceEqual Opportunity Employer: Disability / Veteran This position may require compliance with ITAR export regulations; applicants must be U.S. citizens or permanent residents.
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