Accounts Receivable Specialist Jobs in Cambridge, MA
About Accounts Receivable Specialist Jobs in Cambridge
Looking for a Accounts Receivable Specialist job in Cambridge? You're in the right place. This guide covers everything you need to know about working as a Accounts Receivable Specialist in Cambridge, MA.
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.
Cambridge 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 Cambridge
Accounts Receivable Specialist salaries in Cambridge are 68% above the national average, reflecting the high cost of living.
Purchasing power in Cambridge is comparable to the national average, with salaries appropriately scaled to local costs.
Required Skills
Accounts Receivable Specialist Job Market in Cambridge
Cambridge, MA is a growing job market with increasing opportunities for Accounts Receivable Specialist professionals. Though smaller than coastal metros, Cambridge offers focused opportunities and often better work-life balance. While Technology leads the local economy, there's growing demand for Accounts Receivable Specialist roles across various sectors. 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 Cambridge
Major employers hiring Accounts Receivable Specialists in Cambridge include City of Cambridge, MBTA, MIT. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.
Cost of Living for Accounts Receivable Specialists in Cambridge
Living in Cambridge as a Accounts Receivable Specialist means navigating a cost of living that's significantly above the national average (168% of baseline). Average rent for a 1-bedroom apartment is approximately $2,900/month (61% above the national average of $1,800). At median Accounts Receivable Specialist salary, rent would consume about 45% of gross income - above the recommended 30% threshold. Consider roommates or suburban options. Suburban apartments average $2,200/month, offering significant savings with slightly longer commutes.
Commuting as a Accounts Receivable Specialist in Cambridge
Cambridge Limited public transit options; car recommended for most commutes. The average commute time is 25 minutes. Research employer-specific shuttle services. Consider living close to your workplace. Since transit options are limited, consider living close to your workplace or negotiating flexible hours to avoid peak traffic.
Best neighborhoods for Accounts Receivable Specialists in Cambridge: Downtown (Central business district with tech companies); Tech Park/Campus (Suburban office park developments). Downtown is particularly popular among Accounts Receivable Specialist professionals due to proximity to major employers and urban amenities.
Tax Considerations in Massachusetts
Massachusetts has moderate state income taxes. When evaluating offers, consider total compensation including benefits, not just base salary. Local cost of living typically has more impact on your finances than state tax differences.
Career Outlook for Accounts Receivable Specialists
The job outlook for Accounts Receivable Specialists in Cambridge is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. While the market is smaller, Cambridge offers opportunities for those seeking specialized roles or better work-life balance. In-demand skills include Invoice Processing, Collections, Reconciliation, ERP Systems.
Relocating to Cambridge
Cambridge has a very high cost of living. Many Accounts Receivable Specialists negotiate relocation packages or sign-on bonuses to offset moving costs.
Frequently Asked Questions
What is the average Accounts Receivable Specialist salary in Cambridge, MA?
The average Accounts Receivable Specialist salary in Cambridge, MA is $78,120 per year. Entry-level Accounts Receivable Specialists typically start around $54,264, while experienced professionals can earn $106,260 or more. The national average for Accounts Receivable Specialist roles is $46,500.
How many Accounts Receivable Specialist jobs are available in Cambridge?
Cambridge has a growing job market with steady opportunities for Accounts Receivable Specialist professionals. Major employers hiring Accounts Receivable Specialists include City of Cambridge, MBTA, MIT. The Technology and Biotechnology sectors drive much of the demand in this market.
Is Cambridge a good city for Accounts Receivable Specialists?
Cambridge is an excellent choice for Accounts Receivable Specialists. While not as large as coastal metros, it offers solid opportunities and often better work-life balance. However, be aware of the higher cost of living when evaluating offers. The city's technology industry creates strong demand for finance & accounting professionals.
What skills are most in-demand for Accounts Receivable Specialists in Cambridge?
Top skills for Accounts Receivable Specialists in Cambridge 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 Cambridge?
Cambridge's cost of living is significantly above the national average (168% of baseline). Average rent for a 1-bedroom apartment is approximately $2,900/month. Purchasing power in Cambridge is comparable to the national average, with salaries appropriately scaled to local costs.
How is the commute for Accounts Receivable Specialists in Cambridge?
Cambridge Limited public transit options; car recommended for most commutes. The average commute is 25 minutes. Research employer-specific shuttle services.
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