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Last updated: April 26, 2024
Accounts Payable & Receivable Manager Salary
in Hermantown, Minnesota
This page is a promotion for ERI’s Assessor Series and is not intended for professional use.
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$114,377 (USD)
Average Salary
$55/hr
Average Hourly
$8,086
Average Bonus
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Last updated: April 26, 2024
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Salary Recap
The average pay for an Accounts Payable & Receivable Manager is $114,377 a year and $55 an hour in Hermantown, Minnesota, United States. The average salary range for an Accounts Payable & Receivable Manager is between $78,920 and $139,539. On average, an Associate Degree is the highest level of education for an Accounts Payable & Receivable Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Hermantown, Minnesota.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
$128,475
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Hermantown, Minnesota
Hermantown Cost of Living Score:
Description:
Hermantown is a city in Saint Louis County, Minnesota, United States. The population was 10,221 at the 2020 census. A suburb of Duluth, it was at one point the county's only city to grow in population, as much of the area's residential and commercial expansion occurred there. Hermantown is near the tip of Lake Superior.
The eastern part of Hermantown has an appearance typical of a lower-density bedroom community, with large, leafy lots and occasional subdivisions. The car-oriented "Miller Hill area", or Miller Trunk Corridor of Duluth, has sprawled well past the city boundary line into this part of Hermantown. The...
Job Summary
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.
Accounts Payable & Receivable Manager Job Listings for
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Salary Recap
The average pay for an Accounts Payable & Receivable Manager is $114,377 a year and $55 an hour in Hermantown, Minnesota, United States. The average salary range for an Accounts Payable & Receivable Manager is between $78,920 and $139,539. On average, an Associate Degree is the highest level of education for an Accounts Payable & Receivable Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Hermantown, Minnesota.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Accounts Payable & Receivable Manager Job Prevalence in the United States
Job family: Financial Managers
Job family population: 740,780
Estimated population of Accounts Payable & Receivable Manager jobs: 6,815
Rate of error: 1.2%
Take the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Hermantown, Minnesota
Hermantown Cost of Living Score:
Description:
Hermantown is a city in Saint Louis County, Minnesota, United States. The population was 10,221 at the 2020 census. A suburb of Duluth, it was at one point the county's only city to grow in population, as much of the area's residential and commercial expansion occurred there. Hermantown is near the tip of Lake Superior.
The eastern part of Hermantown has an appearance typical of a lower-density bedroom community, with large, leafy lots and occasional subdivisions. The car-oriented "Miller Hill area", or Miller Trunk Corridor of Duluth, has sprawled well past the city boundary line into this part of Hermantown. The...
Job Summary
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.
Accounts Payable & Receivable Manager Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast April 2024
Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast.
Read More
Planning Compensation Incentives That Maximize Workforce Engagement
Improve employee engagement and performance by implementing compensation incentive plans into your strategy.
Read More
Planning Global Compensation Budgets for 2024 - March Updated
Learn about global compensation trends and salary increases for 2024, so you can make more informed salary planning decisions.
Read More