Accounts Payable & Receivable Manager Salary in Elk Grove Village, Illinois

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Accounts Payable & Receivable Manager in Elk Grove Village, Illinois

The average salary of a(n) Accounts Payable & Receivable Manager in Elk Grove Village, Illinois is $94,067.

The average hourly rate of a(n) Accounts Payable & Receivable Manager in Elk Grove Village, Illinois is $45.22.

The average bonus of a(n) Accounts Payable & Receivable Manager in Elk Grove Village, Illinois is $6,651.00.

Job Description:

Manages and coordinates activities required to ensure an accurate accounts payable and receivable system. Plans, schedules, and directs the work of the Accounts Payable and Receivable Departments of an organization. Develops and recommends policies and procedures to govern the payment of company bills to the advantage of the organization in terms of cash flow and discounts. Responsible for accounts receivable activities involving tracing sources of error, correcting billing records, processing final billings, reconciling errors, accuracy of charges on customer's bills, investigating, granting, and controlling credit, and in collecting accounts due, maintenance of accounts receivable ledger, and adjustment of customer claims. Monitors accounts receivable records, including claims and overdue invoices. Establishes and implements collection procedures. Prepares report on the status of credit and collections and other operating statements. Determines the amount of credit to be extended and recommends amount of working capital necessary to finance accounts receivable and to provide reserves against bad debts. Participates in credit groups in bankruptcy actions. Investigates credit standing of new customers, arranges terms of payment, and follows up on collection of accounts. Aids customers in obtaining financial assistance. Conducts or participates in special studies of economic conditions in particular industries. Visits existing and potential customers to investigate credit and collection matters and to foster good credit relationships between customer and organization. Manages the investigations of amounts due from the organization for goods and services purchased. Develops and implements methods and procedures for monitoring work activities, such as preparation of records of expenditures, progress reports, etc., in order to inform management of current status or work activities. Analyzes department budget to identify budget needs and/or reductions, and may allocate operating budgets funds. Establishes policies and procedures to improve the efficiency of the accounts payable department. Prepares reports on the status of payables. Determines the amount of credit to be extended and recommends amount of working capital necessary to finance accounts payable. Manages maintenance of accounts payable ledger. Manages adjustment of customer claims. Less

Manages and coordinates activities required to ensure an accurate accounts payable and receivable system. Plans, schedules, and directs the work of the Accounts Payable and Receivable Departments of an organization. Develops and recommends policies and procedures to govern the payment... More

How helpful is this page?

Are you a(n) Accounts Payable & Receivable Manager?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Elk Grove Village, Illinois

View Salaries for Accounts Payable & Receivable Manager in Other Cities

Job Openings by Indeed job search

Results for Accounts Payable & Receivable Manager in Elk Grove Village, Illinois

Assistant Accountant (A/P, A/R, Payroll, G/L) - Itasca, IL

Lemko Corporation

Experience in prior position in accounts payable, accounts receivable, banking, payroll, and other administrative functions and the ability to understand how...

View job on Indeed.com

ADMINISTRATIVE MANAGER - Chicago, IL

City of Chicago

Previous work experience in budget preparation and expenditures tracking/reporting, account reconciliation, accounts payable and accounts receivable using a...

View job on Indeed.com

REGIONAL OPERATIONS MANAGER- MIDWEST - Elk Grove Village, IL

DAL-TILE

Accounting (Cash box, Petty Cash, American Express procedures, Accounts Payable, Accounts Receivable), Complaints, Credit, Customer Files, Inventory Management,...

View job on Indeed.com

Transition Manager - Lisle, IL

Intellilink Solutions, Inc.

Facilitate process discovery workshops in areas such as Accounts Payable, Accounts Receivable, Project Accounting and General Accounting....

View job on Indeed.com

Oracle Cloud Financials Assoc. Manager - Chicago, IL

Accenture

General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Project Accounting. Join Accenture and help transform leading organizations and communities...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x