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Accounts Receivables Associate Jobs (NOW HIRING)

Accounts Receivable Associate Coilcraft, Inc., founded in 1945, is an established worldwide organization specializing in the manufacturing of magnetic components, including high-performance RF chip ...

Accounts Receivable Associate

Cary, IL

$19.25 - $24.75/hr

Accounts Receivable Associate Coilcraft, Inc., founded in 1945, is an established worldwide organization specializing in the manufacturing of magnetic components, including high-performance RF chip ...

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How much do accounts receivables associate jobs pay per hour?

As of Jun 30, 2026, the average hourly pay for accounts receivables associate in the United States is $21.53, according to ZipRecruiter salary data. Most workers in this role earn between $18.27 and $23.56 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Accounts Receivables Associate, and why are they important?

To thrive as an Accounts Receivables Associate, you need a solid understanding of accounting principles, attention to detail, and proficiency in managing invoices and payments, typically supported by a degree in finance or accounting. Familiarity with accounting software like QuickBooks, SAP, or Oracle, and knowledge of spreadsheet applications such as Microsoft Excel are commonly required. Strong organizational skills, effective communication, and problem-solving abilities help in managing client relationships and resolving discrepancies. These skills ensure accurate financial records, timely collections, and contribute to the organization's overall cash flow and financial stability.

Is accounts receivable a good career?

Accounts receivable is a stable accounting role that involves managing incoming payments and maintaining financial records. It often requires attention to detail, proficiency with accounting software, and can lead to advancement into finance or accounting management positions.

What does an accounts receivable associate do?

An accounts receivable associate is responsible for managing incoming payments, processing invoices, and reconciling accounts to ensure timely collection of funds. They often use accounting software and require strong attention to detail to maintain accurate financial records and support cash flow management.

What is the difference between Accounts Receivables Associate vs Accounts Payable Clerk?

AspectAccounts Receivables AssociateAccounts Payable Clerk
Primary RoleManage incoming payments, invoice processing, and collectionsHandle outgoing payments, invoice processing, and vendor payments
Skills & CertificationsBasic accounting, attention to detail, familiarity with accounting softwareBasic accounting, vendor management, attention to detail
Work EnvironmentFinance or accounting department, office settingFinance or accounting department, office setting
Industry UsageCommon in finance, retail, healthcare, and service industriesCommon in finance, retail, healthcare, and service industries

While both roles involve accounting tasks, the Accounts Receivables Associate focuses on managing incoming payments and collections, whereas the Accounts Payable Clerk handles outgoing payments to vendors. Both positions require similar skills and often work within the same industry environments, but their primary responsibilities differ in the direction of cash flow management.

What does an Accounts Receivables Associate do?

An Accounts Receivables Associate is responsible for managing and tracking incoming payments owed to a company. Their duties include processing invoices, posting payments, following up on overdue accounts, and reconciling accounts to ensure accurate financial records. They often communicate with customers to resolve payment issues and support the finance team in maintaining healthy cash flow. Attention to detail and strong organizational skills are essential for this role.

What are some common challenges Accounts Receivables Associates face, and how can they be addressed?

Accounts Receivables Associates often encounter challenges such as delayed payments from clients, discrepancies in invoices, and maintaining accurate records. Proactively communicating with clients, regularly reconciling accounts, and collaborating closely with sales and customer service teams can help address these issues. Utilizing accounting software and adhering to standardized processes also streamlines workflows and reduces errors, making it easier to manage a high volume of transactions efficiently.

What are the 5 C's of accounts receivable management?

The 5 C's of accounts receivable management are Character, Capacity, Capital, Collateral, and Conditions. These criteria help assess a customer's creditworthiness and ability to pay, which is essential for accounts receivable associates to evaluate credit risk and manage collections effectively.

How much do AR specialists make in the US?

Accounts Receivable (AR) specialists in the US typically earn between $40,000 and $55,000 annually, with the median around $47,000. Salaries can vary based on experience, location, and industry, and some roles may include benefits like health insurance and paid time off.
What cities are hiring for Accounts Receivables Associate jobs? Cities with the most Accounts Receivables Associate job openings:
What are the most commonly searched types of Accounts Receivables jobs? The most popular types of Accounts Receivables jobs are:
What states have the most Accounts Receivables Associate jobs? States with the most job openings for Accounts Receivables Associate jobs include:
Accounts Receivable Associate

Accounts Receivable Associate

Coilcraft

Cary, IL • On-site

$23 - $28/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 13 days ago


Coilcraft rating

8.0

Company rating: 8.0 out of 10

Based on 8 frontline employees who took The Breakroom Quiz


Job description

Accounts Receivable Associate
Coilcraft, Inc., founded in 1945, is an established worldwide organization specializing in the manufacturing of magnetic components, including high-performance RF chip inductors, power magnetics, and filters, with headquarters located in Cary, Illinois. We are looking for an Accounts Receivable Associate to work in our Accounting department.
Job Responsibilities:
  • Conduct account research and analysis.
  • Reconcile accounts.
  • Maintain credit files on large customers.
  • Resolve accounts with past due invoices.
  • Maintain the credit hold system.
  • Post cash to customer accounts.
  • Maintain good working relationships with customers (both internal and external).

Job Requirements:
  • Associates' or Bachelor's degree in Business or Accounting is preferred.
  • Solid understanding of fundamental financial concepts.
  • Attention to detail, self starter, and organization skills.
  • Basic PC skills, intermediate excel skills.

Company Benefits:
  • 401(k) Matching
  • Disability Insurance
  • Dental Insurance
  • Employee Assistance Program
  • Flexible Spending Account
  • Health Insurance
  • Health Savings Account
  • Life Insurance
  • Paid Holidays
  • Paid Time-Off
  • Profit Sharing
  • Vision Insurance

We offer competitive pay and benefits including health and life insurance, holidays, vacation building to 4 weeks in 10 years, sick time, tuition assistance, 401(k) with company match and profit sharing.
EOE/Minorities/Females/Veterans/Disabled
This position may require compliance with ITAR export regulations, applicants must be U.S. citizens or have permanent resident status.