Accounts Receivable Specialist Jobs in New York, NY
About Accounts Receivable Specialist Jobs in New York
Looking for a Accounts Receivable Specialist job in New York? You're in the right place. This guide covers everything you need to know about working as a Accounts Receivable Specialist in New York, NY.
We'll show you what you can expect to earn. We'll also share which companies are hiring. Plus, you'll learn about the cost of living and how to get started in your job search.
New York has a strong job market for Accounts Receivable Specialists. Many employers are actively looking for talent. Read on to learn how to land your next role.
Accounts Receivable Specialist Salary in New York
Accounts Receivable Specialist salaries in New York are 87% above the national average, reflecting the high cost of living.
Purchasing power in New York is comparable to the national average, with salaries appropriately scaled to local costs.
Required Skills
Accounts Receivable Specialist Job Market in New York
New York, NY is one of America's premier job markets for Accounts Receivable Specialist professionals. With a population of 8.3 million, the New York-Newark-Jersey City metro area offers diverse opportunities across multiple industries. The city's strong Finance and Technology sectors create robust demand for Accounts Receivable Specialist talent. The market for Accounts Receivable Specialist positions remains stable, with opportunities in both established companies and growing organizations.
Top Companies Hiring Accounts Receivable Specialists in New York
Major employers hiring Accounts Receivable Specialists in New York include JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citigroup, and BlackRock, American Express. The strong financial services presence creates consistent demand for experienced Accounts Receivable Specialist professionals, with competitive compensation packages. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.
Cost of Living for Accounts Receivable Specialists in New York
Living in New York as a Accounts Receivable Specialist means navigating a cost of living that's significantly above the national average (187% of baseline). Average rent for a 1-bedroom apartment is approximately $3,800/month (111% above the national average of $1,800). At median Accounts Receivable Specialist salary, rent would consume about 52% of gross income - above the recommended 30% threshold. Consider roommates or suburban options. Suburban apartments average $2,400/month, offering significant savings with slightly longer commutes.
Commuting as a Accounts Receivable Specialist in New York
New York World-class subway system with 24/7 service, extensive bus network, and commuter rail. The average commute time is 43 minutes. MTA subway connects all five boroughs - unlimited monthly pass is $132. Consider living along your commute line to minimize transfers.
Best neighborhoods for Accounts Receivable Specialists in New York: Financial District (Wall Street and major bank headquarters); Midtown (Major corporate headquarters and hedge funds); Jersey City (Growing finance hub with lower costs). Financial District is particularly popular among Accounts Receivable Specialist professionals due to proximity to major employers and urban amenities.
Tax Considerations in New York
New York has relatively high state income taxes. A Accounts Receivable Specialist earning $86,955 might pay approximately $6,956 in state income tax. However, New York's strong job market and quality of life often offset the higher tax burden.
Career Outlook for Accounts Receivable Specialists
The job outlook for Accounts Receivable Specialists in New York is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. As a Tier 1 market, New York typically has more openings but also more competition from experienced professionals. In-demand skills include Invoice Processing, Collections, Reconciliation, ERP Systems.
Relocating to New York
New York has a very high cost of living. Many Accounts Receivable Specialists negotiate relocation packages or sign-on bonuses to offset moving costs. New York has higher state income taxes. Factor this into salary negotiations, as gross salary comparisons can be misleading.
Frequently Asked Questions
What is the average Accounts Receivable Specialist salary in New York, NY?
The average Accounts Receivable Specialist salary in New York, NY is $86,955 per year. Entry-level Accounts Receivable Specialists typically start around $60,401, while experienced professionals can earn $118,277 or more. The national average for Accounts Receivable Specialist roles is $46,500.
How many Accounts Receivable Specialist jobs are available in New York?
New York has a robust job market with hundreds of openings for Accounts Receivable Specialist professionals. Major employers hiring Accounts Receivable Specialists include JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citigroup. The Finance and Technology sectors drive much of the demand in this market.
Is New York a good city for Accounts Receivable Specialists?
New York is an excellent choice for Accounts Receivable Specialists. As a major metro area, it offers abundant opportunities and competitive salaries. However, be aware of the higher cost of living when evaluating offers. The city's finance industry creates strong demand for finance & accounting professionals.
What skills are most in-demand for Accounts Receivable Specialists in New York?
Top skills for Accounts Receivable Specialists in New York include Invoice Processing, Collections, Reconciliation, ERP Systems, Customer Communication. Employers value both technical expertise and soft skills like communication and teamwork.
What is the cost of living for Accounts Receivable Specialists in New York?
New York's cost of living is significantly above the national average (187% of baseline). Average rent for a 1-bedroom apartment is approximately $3,800/month. Purchasing power in New York is comparable to the national average, with salaries appropriately scaled to local costs.
How is the commute for Accounts Receivable Specialists in New York?
New York World-class subway system with 24/7 service, extensive bus network, and commuter rail. The average commute is 43 minutes. MTA subway connects all five boroughs - unlimited monthly pass is $132.
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