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Accounts Receivable Manager Average Salary in Alberta 2024

How much money does a person working as Accounts Receivable Manager make in Alberta?


Average Yearly Salary
181,000 CAD
( 15,100 CAD monthly)

LOW
94,300
CAD
AVERAGE
181,000
CAD
HIGH
278,000
CAD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Accounts Receivable Manager in Alberta typically earns around 181,000 CAD. Salaries range from 94,300 CAD (lowest) to 278,000 CAD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Accounts Receivable Manager salaries in Alberta vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Accounts Receivable Manager Pay Scale and Salaries in Alberta

Median and salary distribution Alberta Accounts Receivable Manager yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
164,000 CAD or more
10% of people earn
146,000 to 164,000 CAD
20% of people earn
107,000 CAD or less
65% of people earn
107,000 to 146,000 CAD
Minimum Salary
94,300 CAD
Median
165,000 CAD
Maximum
278,000 CAD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Accounts Receivable Manager in Alberta range from 94,300 CAD (starting salary) to 278,000 CAD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 165,000 CAD, half of the professionals who work as Accounts Receivable Manager in Alberta earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Accounts Receivable Manager in Alberta earn less than 137,000 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 187,000 CAD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Accounts Receivable Manager in Alberta compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 107,000 CAD to 146,000 CAD. About 20% of salaries are below the 107,000 CAD mark, while 10% fall within the range of 146,000 CAD to 164,000 CAD. Only 5% of individuals have salaries exceeding 164,000 CAD.

Salary Comparison by Years of Experience / Accounts Receivable Manager / Alberta

How do experience and age affect pay?

0 - 2 Years
107,000 CAD
2 - 5 Years+34%
144,000 CAD
5 - 10 Years+30%
187,000 CAD
10 - 15 Years+21%
226,000 CAD
15 - 20 Years+9%
247,000 CAD
20+ Years+5%
260,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Alberta Accounts Receivable Manager
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Accounts Receivable Manager and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 107,000 CAD.

While someone with an experience level between two and five years is expected to earn 144,000 CAD, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 187,000 CAD, 30% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 226,000 CAD, 21% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 247,000 CAD, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 260,000 CAD, 5% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Accounts Receivable Manager / Alberta

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Accounts Receivable Manager.

Certificate or Diploma
127,000 CAD
Bachelor's Degree+52%
193,000 CAD
Master's Degree+42%
274,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Alberta Accounts Receivable Manager
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Accounts Receivable Manager in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 127,000 CAD.


Level 2: Bachelor's Degree

At this level, the average salary becomes 193,000 CAD, 52% more than the previous level.


Level 3: Master's Degree

At this level, the average salary becomes 274,000 CAD, 42% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Canada costs anywhere from 50,000 CAD to 150,000 CAD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Accounts Receivable Manager / Alberta

Salary comparison by gender Canada Accounts Receivable Manager yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Accounts Receivable Manager in Canada, the average difference between the salary of male and female employees is 5%.

Male
175,000 CAD
Female-4%
168,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Canada for all Careers

Salary comparison by gender yearly Canada
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Average Annual Salary Increment Percentage / Accounts Receivable Manager / Alberta

How much are annual salary increments in Alberta for individuals working as Accounts Receivable Manager? How often do employees get salary raises?

Individuals working as Accounts Receivable Manager in Canada are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Canada Accounts Receivable Manager
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Canada / All Professions

Annual Salary Increment Rate Canada
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Canada is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Accounts Receivable Manager / Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Accounts Receivable Manager
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Accounts Receivable Manager / Alberta


87 CAD per hour

The average hourly wage (pay per hour) for individuals working as Accounts Receivable Manager in Alberta is 87 CAD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Accounts Receivable Manager in Alberta is 45 CAD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Accounting and Finance-100%
Account Examiner70,600 CAD-61%
Account Executive120,000 CAD-34%
Accountant87,800 CAD-52%
Accounting Analyst111,000 CAD-39%
Accounting Assistant71,100 CAD-61%
Accounting Associate68,300 CAD-62%
Accounting Clerk55,400 CAD-69%
Accounting Coordinator84,800 CAD-53%
Accounting Head190,000 CAD+5%
Accounting Manager191,000 CAD+5%
Accounting Officer69,500 CAD-62%
Accounting Specialist119,000 CAD-34%
Accounting Supervisor127,000 CAD-30%
Accounting Technician65,100 CAD-64%
Accounting Unit Controller157,000 CAD-13%
Accounts Executive117,000 CAD-36%
Accounts Officer71,200 CAD-61%
Accounts Payable and Receivable Specialist96,100 CAD-47%
Accounts Payable Assistant74,600 CAD-59%
Accounts Payable Associate80,900 CAD-55%
Accounts Payable Clerk69,300 CAD-62%
Accounts Payable Manager172,000 CAD-5%
Accounts Receivable Administrator139,000 CAD-23%
Accounts Receivable Clerk67,100 CAD-63%
Accounts Receivable Financial Analyst122,000 CAD-33%
Accounts Receivable Manager181,000 CAD-0%
Accounts Receivable Team Leader132,000 CAD-27%
Algorithmic Trading Specialist166,000 CAD-9%
Assistant Accountant66,600 CAD-63%
Assistant Accounting Manager167,000 CAD-8%
Assistant Auditor93,400 CAD-49%
Assistant Corporate Controller124,000 CAD-32%
Assistant Finance Manager197,000 CAD+9%
Assistant Financial Controller120,000 CAD-34%
Audit Director201,000 CAD+11%
Audit Supervisor166,000 CAD-9%
Auditing Clerk71,200 CAD-61%
Auditing Manager195,000 CAD+7%
Billing Clerk72,500 CAD-60%
Billing Coordinator81,100 CAD-55%
Billing Specialist98,000 CAD-46%
Billing Supervisor144,000 CAD-21%
Bookkeeper58,000 CAD-68%
Bookkeeping Specialist88,700 CAD-51%
Budget Analyst157,000 CAD-13%
Budget Manager194,000 CAD+7%
Business Support Analyst105,000 CAD-42%
Capital Markets Associate132,000 CAD-27%
Cash Flow Analyst133,000 CAD-27%
Cash Management Manager180,000 CAD-1%
Cash Management Officer108,000 CAD-40%
Cashbook Clerk60,600 CAD-67%
Chartered Accountant113,000 CAD-38%
Chief Accountant140,000 CAD-23%
Chief Financial Technology Officer192,000 CAD+6%
Collections Clerk55,100 CAD-70%
Collections Representative81,900 CAD-55%
Collections Specialist96,700 CAD-47%
Corporate Controller152,000 CAD-16%
Corporate Treasurer181,000 CAD-0%
Cost Accountant93,300 CAD-49%
Cost Accounting Manager176,000 CAD-3%
Cost Accounting Supervisor151,000 CAD-17%
Cost Analyst146,000 CAD-20%
Credit and Collection Manager188,000 CAD+4%
Credit and Collection Staff69,000 CAD-62%
Credit and Loans Officer68,600 CAD-62%
Credit Controller125,000 CAD-31%
Credit Manager185,000 CAD+2%
Debt Adviser145,000 CAD-20%
Debt Collector73,000 CAD-60%
Debtors Clerk60,400 CAD-67%
Debtors Controller69,500 CAD-62%
Deputy CFO250,000 CAD+38%
Deputy Head of Finance242,000 CAD+33%
Derivative Trader158,000 CAD-13%
Director of Finance257,000 CAD+42%
E-commerce Accountant92,000 CAD-49%
Economist219,000 CAD+21%
Equity Analyst161,000 CAD-11%
Escrow Assistant82,100 CAD-55%
Executive Accountant105,000 CAD-42%
External Auditor123,000 CAD-32%
Finance Administrator102,000 CAD-44%
Finance Analyst159,000 CAD-12%
Finance Associate78,700 CAD-57%
Finance Data Analyst146,000 CAD-20%
Finance Director276,000 CAD+52%
Finance Executive187,000 CAD+3%
Finance Licensing Clerk64,600 CAD-64%
Finance Licensing Manager177,000 CAD-2%
Finance Licensing Specialist104,000 CAD-43%
Finance Manager245,000 CAD+35%
Finance Officer88,500 CAD-51%
Finance President279,000 CAD+54%
Finance Relationship Manager213,000 CAD+17%
Finance Release Analyst101,000 CAD-44%
Finance Specialist150,000 CAD-17%
Finance Team Leader 212,000 CAD+17%
Financial Accountant93,400 CAD-49%
Financial Actuary144,000 CAD-21%
Financial Administrator146,000 CAD-20%
Financial Advisor170,000 CAD-6%
Financial Analyst164,000 CAD-10%
Financial Applications Specialist110,000 CAD-39%
Financial Assistant73,100 CAD-60%
Financial Associate77,400 CAD-57%
Financial Claims Analyst123,000 CAD-32%
Financial Claims Manager169,000 CAD-7%
Financial Claims Supervisor147,000 CAD-19%
Financial Clerk73,300 CAD-60%
Financial Commercial Analyst130,000 CAD-28%
Financial Compliance Analyst146,000 CAD-20%
Financial Compliance Officer148,000 CAD-18%
Financial Consultant118,000 CAD-35%
Financial Controller148,000 CAD-18%
Financial Coordinator82,600 CAD-54%
Financial Customer Service Manager168,000 CAD-7%
Financial Data Scientist162,000 CAD-11%
Financial Dealer and Broker95,000 CAD-48%
Financial Director278,000 CAD+53%
Financial Encoder79,500 CAD-56%
Financial Manager244,000 CAD+34%
Financial Modelling Analyst162,000 CAD-11%
Financial Operations Manager224,000 CAD+23%
Financial Policy Analyst144,000 CAD-21%
Financial Project Manager183,000 CAD+1%
Financial Quantitative Analyst155,000 CAD-15%
Financial Reporting Consultant132,000 CAD-27%
Financial Reporting Manager178,000 CAD-2%
Financial Section Head180,000 CAD-1%
Financial Services Manager238,000 CAD+31%
Financial Services Sales Agent96,000 CAD-47%
Financial Technology Consultant147,000 CAD-19%
Financial Wellness Coach179,000 CAD-1%
FinTech Analyst156,000 CAD-14%
Fixed Assets Administrator91,600 CAD-50%
Forensic Accountant107,000 CAD-41%
Fraud Detection Supervisor117,000 CAD-36%
Fraud Prevention Manager182,000 CAD+0%
Fund Accountant88,200 CAD-51%
Grants Coordinator70,400 CAD-61%
Green Finance Analyst142,000 CAD-22%
Group Financial Manager255,000 CAD+41%
Internal Auditor122,000 CAD-33%
Internal Control Adviser150,000 CAD-17%
Internal Control Officer77,600 CAD-57%
International Tax Director224,000 CAD+23%
Inventory Accountant96,400 CAD-47%
Investment Advisor255,000 CAD+41%
Investment Analyst176,000 CAD-3%
Investment Associate158,000 CAD-13%
Investment Broker155,000 CAD-15%
Investment Fund Manager196,000 CAD+8%
Investment Operations Manager213,000 CAD+17%
Investment Underwriter77,300 CAD-57%
Investor120,000 CAD-34%
Investor Relations Manager175,000 CAD-4%
KYC Team Leader180,000 CAD-1%
Loan Processor73,500 CAD-59%
Management Accountant100,000 CAD-45%
Management Economist203,000 CAD+12%
Paymaster72,500 CAD-60%
Payroll Administrator118,000 CAD-35%
Payroll Benefits Coordinator99,500 CAD-45%
Payroll Billing Manager170,000 CAD-6%
Payroll Clerk80,800 CAD-55%
Payroll Manager175,000 CAD-4%
Payroll Officer75,900 CAD-58%
Payroll Specialist93,900 CAD-48%
Payroll Supervisor115,000 CAD-37%
Pensions Administrator92,300 CAD-49%
Personal Financial Advisor141,000 CAD-22%
Pricing Analyst159,000 CAD-12%
Private Equity Analyst164,000 CAD-10%
Project Accountant98,800 CAD-46%
Proposal Development Coordinator77,600 CAD-57%
Quantitative Trader129,000 CAD-29%
Receivables Accountant82,700 CAD-54%
Regulatory Accountant99,300 CAD-45%
Retirement Plan Analyst152,000 CAD-16%
Revenue Management Specialist148,000 CAD-18%
Revenue Recognition Analyst164,000 CAD-10%
Risk Management Director224,000 CAD+23%
Risk Management Supervisor172,000 CAD-5%
Staff Accountant89,800 CAD-51%
Tax Accountant88,900 CAD-51%
Tax Administrator102,000 CAD-44%
Tax Advisor135,000 CAD-26%
Tax Analyst140,000 CAD-23%
Tax Associate74,800 CAD-59%
Tax Consultant151,000 CAD-17%
Tax Director205,000 CAD+13%
Tax Examiner98,600 CAD-46%
Tax Manager184,000 CAD+1%
Tax Research Manager190,000 CAD+5%
Teller51,900 CAD-71%
Treasury Accountant95,600 CAD-47%
Treasury Analyst155,000 CAD-15%
Underwriter62,200 CAD-66%
Underwriting Assistant60,500 CAD-67%
Vice President of Finance261,000 CAD+44%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Canada is 4% on average across all career fields.

Private Sector
117,000 CAD
Public Sector+4%
122,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Accounts Receivable Manager in Alberta?

A good and competitive compensation would range anywhere between 165,000 CAD and 187,000 CAD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Accounts Receivable Manager in Alberta ranges from 94,300 CAD to 137,000 CAD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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