Accounts Receivables Job Description (2024)

Job Descriptions

Accounts ReceivablesJob Description

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168votesfor Accounts Receivables

Accounts receivablesprovides accounts Receivable transaction processing support to deliver Accounts Receivable services to customers in accordance with established Accounts Receivable processes and work procedures and in compliance with Electrolux policies.

Accounts ReceivablesDuties & Responsibilities

To write an effective accounts receivables job description, begin by listing detailed duties, responsibilities and expectations. We have included accounts receivables job description templates that you can modify and use.

Sample responsibilities for this position include:

Following up on outstanding payers’ A/R (Accounts Receivable) and/or including self-pay and resolution of denials

Maintain accounts receivable files

Leverages knowledge and prior experience to develop, present, and discuss best practices, recommendations and implementation strategies

Be a team player independent and organized individual

Administer the receivables closing process including the raising of miscellaneous invoices, journals for receivable

Determine whether past due interest charges are levied earning of cash discounts

Recording and archiving documentation

Preparing and sending mail

Communication with Sales department regarding documentation and approvals

Communication with specific customers

Accounts ReceivablesQualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications forAccounts Receivables

List any licenses or certifications required by the position:CCE

Education forAccounts Receivables

Typically a job would require a certain level of education.

Employers hiring for the accounts receivables job most commonly would prefer for their future employee to have a relevant degree such asBachelor's and Collage DegreeinAccounting, Finance, Secondary Education, Education, Business Studies, Business, Business/Administration, Economics, Administration, Associates

Skills forAccounts Receivables

Desired skills foraccounts receivablesinclude:

Accounts receivable practices

Coordination of benefit rules and denial overturns and third-party payer billing and reimbursement procedures and practices

Medical business office procedures

Microsoft Office

Practices

Commonly-used concepts

Procedures in collections and credit environment

Microsoft Word and Microsoft Excel

Accounts receivable

Desired experience foraccounts receivablesincludes:

High proficient in Excel

Self-motivated, independent, proactive, responsible and able to work under pressure to meet tight deadlines

Excellent track record of successful career record, with at least 4years’ work experience preferably in Oil/Gas industry

Excellent interpersonal and communication skills, especially in English

Analytical, problem solving ability, decision making and attention to details

Self-driven, initiative and delivers Results, Aggressive

Accounts ReceivablesExamples

1

Accounts Receivables Job Description

Job Description Example

Download

  • Microsoft Word (.docx).DOCX
  • PDF Document (.pdf).PDF
  • Image File (.png).PNG

Our growing company is searching for experienced candidates for the position of accounts receivables. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.

Responsibilities for accounts receivables

  • Review the month end close processes
  • Working directly with insurance or patient accounts and handling all correspondences related to these customers contacting insurance carriers, patients and other facilities as needed to get maximum payment on accounts and identify issues or changes to achieve client profitability
  • Handle EDI (Electronic Data Interchange) transactions and ERA files, including reconciling carrier submissions, edits and rejection reports
  • Researching and resolving accounts appearing on Delinquent Insurance, Collection Ledger, and Government Payor reports as directed by management, making appropriate decisions on accounts to be worked to maximize reimbursement
  • Follow up, collection and allocation of payments
  • Monitor customer vendor details for non-payments, delayed payments and other irregularities
  • Communicate with vendors via phone, email, mail or personally
  • Calculate and track event rebates
  • Accurately process Sabre invoices for commissionable events
  • Support reconciliation of daily payment reports

Qualifications for accounts receivables

  • Bachelor’s degree in Finance or Accounting and 7+ years of relevant work experience
  • Expert in Microsoft Excel and Microsoft Word
  • Strong systems knowledge of Oracle, preferably R12
  • Good spoken and written Slovenian language is a requirement
  • University Degree (Financial background would be considered as an advantage)
  • Perform routine accounting tasks in a timely manner

2

Accounts Receivables Job Description

Job Description Example

Download

  • Microsoft Word (.docx).DOCX
  • PDF Document (.pdf).PDF
  • Image File (.png).PNG

Our company is looking for an accounts receivables. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.

Responsibilities for accounts receivables

  • Maintain all records and files in good order
  • Ensure recording of monthly local accounting entries supported with proper supporting documents
  • Ensure compliance with corporate policies, government regulations and GAAP standards
  • Ensure all accounting, internal controls are performed and evidence is maintained
  • Review recording of monthly USGAAP entries made by the respective team
  • Generate and review year-end financial statements according to “Egyptian Accounting Standards” for sign-off by our external auditors, supervise the coordination of our Sarbanes Oxley process and controls
  • Reviews journal entries, ensures transactions are documented and supported appropriately
  • Provide assistance and direction to the stakeholders in term of accounting treatment either for USGAAP reporting or local reporting
  • Support internal and external auditors through supplying them with all the required data, reports and documents
  • Prepare reconciliation between legal books and USGAAP books for all accounts except for Accounts Payable

Qualifications for accounts receivables

  • Experience ( 2 + years) in Accounting Role preferably in Accounts Receivables and Collections
  • A foundation in Excel and ability to quickly learn new software
  • Strong desire to learn and grow in an expanding organization
  • Periodic weekend or evening work is expected
  • Record and upload monthly bank entries and prepare monthly bank reconciliation
  • Prepare month review analysis for Balance Sheet items

3

Accounts Receivables Job Description

Job Description Example

Download

  • Microsoft Word (.docx).DOCX
  • PDF Document (.pdf).PDF
  • Image File (.png).PNG

Our company is hiring for an accounts receivables. To join our growing team, please review the list of responsibilities and qualifications.

Responsibilities for accounts receivables

  • Record monthly manual sales invoices for scrap sales
  • Review Blackline reconciliation made by the responsible team
  • MUST HAVE COLLEAGUE ACCOUNT RECEIVABLES MODULE EXPERIENCE
  • CAN RESIDE ANYWHERE IN THE US - REMOTE FROM HOME
  • Understands client needs, consistently meets expectations and responds promptly and professionally to client and internal requests, seeking guidance as appropriate
  • Analyze and reconcile agent accounts
  • Manage and utilize time effectively, assist others on the team and across the organization
  • Posting and allocating customer payments
  • Reconciliation of cash sales to cash deposits
  • Managing customer profile in designated regions

Qualifications for accounts receivables

  • 2 -3 years of experience in statutory/ GAAP accounting / preferably in international business environment
  • Experience in working with US GAAP
  • Experience in working with SAP & financial systems
  • Daily processing of invoices and cash receipts
  • Associates degree in business or accounting and a minimum of 2 years of work experience or equivalent related experience, ideally in an accounting/finance environment
  • Customer visitations

4

Accounts Receivables Job Description

Job Description Example

Download

  • Microsoft Word (.docx).DOCX
  • PDF Document (.pdf).PDF
  • Image File (.png).PNG

Our innovative and growing company is looking for an accounts receivables. If you are looking for an exciting place to work, please take a look at the list of qualifications below.

Responsibilities for accounts receivables

  • New vendor set-up includes obtaining W9 and WIMB forms
  • File Trade Reports
  • Assist General Manager and Business Manager
  • Act as Focal Point for Voice Collection in the Netherlands towards customers
  • Handle both incoming and outgoing phone calls
  • Handle business correspondence in Dutch Language (incl
  • Conduct customer visits if the customer collection performance requires
  • Ensure all relevant information from customer interaction is captured timely and completely in Collection workflow system
  • Deliver working capital improvement according to monthly and annual targets
  • Keep GSC analyst team informed about changes in the local market

Qualifications for accounts receivables

  • Good command of both written and spoken English & Mandarin
  • 1 year experience in a Finance position
  • To review daily progression to cash targets
  • To act as a subject matter expert
  • Understanding of big box retail sales transactions a plus
  • Engage with 3rd party Financial service provider Holthuizen Incasso & Advocaten regarding the collection for small customer segment

5

Accounts Receivables Job Description

Job Description Example

Download

  • Microsoft Word (.docx).DOCX
  • PDF Document (.pdf).PDF
  • Image File (.png).PNG

Our company is hiring for an accounts receivables. To join our growing team, please review the list of responsibilities and qualifications.

Responsibilities for accounts receivables

  • Provide key collections interface with customers’ Accounts Payable department
  • Ensure all customer contact records are input to ERP systems accurately and timely
  • Proactively call customers early in the cash collection cycle to identify non payment issues (disputes) and ensure compliance with the defined segmentation calling process
  • Build good working relationships and trust with all external customers and the internal business unit representatives
  • Document and report promise to pay and disputes accurately (using the defined reason codes) and escalate appropriately through the dispute escalation process
  • Resolve disputes that are under your control in an efficient and effective manner
  • Undertake customer visits as required
  • Maintain and compile timely and accurate customer account information to support cash collection meetings, internal business and departmental review meetings
  • Support business cash actuals and forecasting process as required
  • Ensure accurate and timely cash application to invoices

Qualifications for accounts receivables

  • Higher Diploma / Diploma in Accounting or related discipline
  • Minimum 3 years accounting experience in a sizable company
  • Maintain local operating procedures and work instructions in a timely manner
  • To liaise with credit rating agencies to obtain credit rating reports or other analysis for customer evaluation
  • Monitor credit limits and flag exceptions for attention
  • To prepare fortnightly overdue reports with details on status, issues arising and actions required

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Accounts Receivables Job Description (2024)

FAQs

Accounts Receivables Job Description? ›

Accounts Receivable/Payable Clerk Job Responsibilities

What are the job descriptions of account receivable? ›

Duties/Responsibilities:
  • Prepares, posts, verifies, and records customer payments and transactions related to accounts receivable.
  • Creates invoices according to company practices; submits invoices to customers.
  • Maintains and updates customer files, including name or address changes, mergers, or mailing attentions.

How do you describe accounts receivable? ›

Accounts receivable refer to the money a company's customers owe for goods or services they have received but not yet paid for. For example, when customers purchase products on credit, the amount owed gets added to the accounts receivable. It's an obligation created through a business transaction.

How do you explain accounts receivable in an interview? ›

Answer: Accounts Receivable (AR) represents money owed to the company by customers for goods or services. Accounts Payable (AP) represents the company's obligations to pay suppliers or vendors for goods or services received.

What is the job description of a receivables representative? ›

Accounts receivable representatives work in small, medium and large companies. They're responsible for processing a business's incoming payment transactions. This position also supports the accuracy of a company's financial information by reconciling, or comparing, financial data at the end of a financial period.

What is the role of the accounts receivable? ›

Accounts Receivable professionals play a vital role in maintaining a healthy cash flow for businesses while building strong customer relationships. Their responsibilities range from managing invoices and collecting payments to fostering customer satisfaction and providing valuable financial insights.

Which skills do accounts receivable roles require? ›

In order to be successful in an Accounts Receivable job, you will need to have strong skills in:
  • Microsoft Office Suite, specifically Excel.
  • Accounts Receivable procedures.
  • Basic bookkeeping, credit and accounting principles.
  • Cash applications.
  • Customer service.
  • Organisational skills.
  • Effective communication.

What are account receivables best described as? ›

Accounts receivable are an asset account, representing money that your customers owe you. Accounts payable on the other hand are a liability account, representing money that you owe another business.

What is the description of receivables? ›

Meaning of receivables in English

amounts owed by customers to a company at a particular time and not yet paid: The company improved the management of its receivables by getting customers to pay faster. Many small firms struggle with the problem of receivables that will never be paid back.

What is accounts receivable for dummies? ›

Accounts receivable represents money that a business is owed by its clients, often in the form of unpaid invoices. "Receivable" refers to fact that the business has earned the money because it has delivered a product or service but is, at that point in time, still waiting to receive the client's payment.

How do you introduce yourself as an account receivable? ›

I am confident that my skills and experience make me a strong candidate for the Accounts Receivable position at your company. I have been working in accounts receivable for a few years now. I am responsible for sending invoices and making sure they get paid.

What is the job description of an accounts receivable caller? ›

The AR Caller, or Accounts Receivable Caller, plays a vital role in the healthcare revenue cycle. Responsible for contacting insurance companies and patients to follow up on outstanding medical claims. Navigates complex billing and coding processes to ensure accurate reimbursement for healthcare services.

What qualifies as accounts receivable experience? ›

An Accounts Receivable Specialist is a professional who helps manage the accounting and collection of money owed to a business. They work with customers to collect payments, track payments, and ensure that bills are paid on time.

What is the job description of accounts receivable staff? ›

An Accounts Receivable job description typically includes the following tasks and responsibilities: Calculating, recording, inputting or processing financial data. Preparing customer invoices based on accounting procedures. Researching and investigating discrepancies in invoices to determine the accuracy of charges.

What is the job description for accounts receivable and payable? ›

The accounts payable and receivable clerks work in the financial department. They are responsible for recording, computing, and classifying the revenue data to ensure a complete financial record.

What are titles for accounts receivable? ›

For example, some employers may refer to an Accounts Receivable Clerk as either an Accounts Receivable Specialist or an Accounts Payable Specialist.
  • Accounts Receivable Specialist. ● Extremely Similar Skills. ...
  • Accounts Payable Specialist. ...
  • Accounting Clerk. ...
  • Accounts Payable Clerk. ...
  • Accounts Receivable Coordinator.

What is the salary of AR? ›

Accounts Receivable Salaries in India

The average salary for Accounts Receivable is ₹3,92,492 per year in the India. The average additional cash compensation for a Accounts Receivable in the India is ₹32,492, with a range from ₹10,613 - ₹60,000.

What does an AR do? ›

AR is also the name of the function responsible for collecting payments owed to the company by its customers. Accounts receivables are considered an asset on the company's balance sheet, representing a legal obligation from the customers to pay the amount in question.

What is the job description for receivable management? ›

The Accounts Receivable Manager is responsible for the overall invoicing, collection and cash application activities and timely management of all AR aging components. The Accounts Receivable Manager will also maintain and improve sustained cash flow through diligent and aggressive monitoring of our customer accounts.

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