Account Receivable Job Description

Account Receivable Job Description

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Account receivable provides backup support to other teams in the accounting department; prepare periodic ad hoc reports and other general accounting duties.

Account Receivable Duties & Responsibilities

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

Sample responsibilities for this position include:

Coordinating with branch Financial Accounting Support Person (FASP) for assigned region
Support Account Receivable Accounting transactions such as invoicing, collections, cash application
Ensure compliance to statutory regulations, Tax requirements, Accounting Standards (International & Local), Audit requirements
Responsible for accurate and timely processing of payments to customer accounts
Processing of invoices and review of daily invoice images received from third party processor
Work closely with the Senior Finance Manager to support ongoing departmental initiatives, and handle ad hoc requests as required
Responsible for supervising the daily functions of the AR and AP staff
Compile monthly receivable reports
Complete special invoice billings/revenue recognition through SalesForce.com
Develop and review monthly statements and invoices

Account Receivable Qualifications

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

Education for Account Receivable

Typically a job would require a certain level of education.

Employers hiring for the account receivable job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Accounting, Finance, Business, Business/Administration, Associates, Education, Business School, Management, Economics, Accountancy

Skills for Account Receivable

Desired skills for account receivable include:

Excel
General accounting principles
Practices
Hospital Billing Systems
Accounting principles
Accounting
Cash collection processes and procedures
Microsoft Word
Outlook
Accounting would be an advantage

Desired experience for account receivable includes:

Generate billing invoices to customers as per EMEA or US Ad Sales report
Responsible for Inter-co and Cross pole recharges
Issue manual invoices/credit notes when required and reconcile accounts monthly
Liaise with client’s procurement division to obtain purchase orders to aid prompt invoicing
Liaise with Sales and the Collections teams on delinquent accounts
Liaise with the customers and NBCU Commercial Finance center in Amsterdam and Poland in pursuit of resolving outstanding disputes and debts

Account Receivable Examples

1

Account Receivable Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of account receivable. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for account receivable
  • Resolve all billing discrepancies with customers and outside vendors
  • Communicate with internal and external customers by telephone, email, to investigate complaints, verify accuracy of charges, or to correct errors in accounts
  • Completes work within authorized time to assure compliance with departmental standards
  • Be familiar with all aspects of the Costpoint system to apply cash receipts from customer checks and/or ACH payments, post credit memos against invoices, perform research, run reports and set up and maintain customer database
  • Maintain aging integrity through consistent contact and follow-up, with an emphasis on past due accounts
  • Maintain detailed files/notes on all accounts and customer communications
  • Tracking and maintaining metrics for a variety of data
  • Collection, application, and follow-up on customer payments
  • Assist the Revenue & Credit Manager as needed with monthly close
  • Process RMAs and other credits
Qualifications for account receivable
  • Manage over 300 key accounts Maintain a reduced DSO and debtors across the ledgers in general
  • Reconcile Balance sheet account recs on quarterly basis
  • Generate, monitors/reports aging of Accounts Receivables
  • Minimum Graduate in Accountancy/ studying towards ACCA or CIMA qualifications
  • Experiences in Account Receivable, preferably in a Multinational environment
  • Candidates should be meticulous and be a team player
2

Account Receivable Job Description

Job Description Example
Our company is growing rapidly and is looking for an account receivable. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for account receivable
  • Manage association processing calendar/schedule for region
  • Make daily assignments
  • Track daily metrics
  • Manage employee access changes
  • Manage backfill/backup and work loads (including fluctuations)
  • Assign branches portfolios to A/R staff based on experience, skill level and abilities
  • Work directly with Billing Manager, Staff Accountant Supervisors, and other leaders in the Organization as needed
  • Maintain cash reports for tracking key performance indicators (KPI) and staff allocation
  • Responsible for supervision and performance of staff in Banking including performance reviews, disciplinary action and hiring
  • Support the finance and operations team in varied tasks such as filing, purchasing and ad hoc projects
Qualifications for account receivable
  • Candidates should possess good interpersonal and communication skills
  • Hands on knowledge of SAP system preferred
  • Able to work independently and under tight schedule
  • Strong analytical, research, and problem resolution skills (including follow-up)
  • Very good Italian and English skills
  • Spanish native speaker, with a high command of English, both written and spoken
3

Account Receivable Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of account receivable. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for account receivable
  • Help in other accounting areas if needed as we cross train
  • Handle client queries and escalations in a service oriented way, ensure feedback to client queries within agreed turnaround time
  • Support operational performance reporting activities
  • Understand and apply order-to-cash processes, policies, procedures and internal control standards
  • Support Management Information System to track the KPI wrt receivables (Ageing, unadjusted on account payments, back logs, Days Outstanding )
  • Support Internal/external audits with documentation and processes
  • Monitor aging items in team portfolio
  • Perform data mining to review membership eligibility and payments to identify receivables
  • Perform financial modeling to develop projections of current receivables based on future insurance payments (accruing for current revenue)
  • Collect and analyze key indicators that impact the receivables
Qualifications for account receivable
  • High level of French is highly valued
  • SAP ERP key user and high command of Office package
  • Familiar with e-faktur system
  • Understand on rule & regulation for software transaction in country
  • Bilingual is mandatory for the role (French and English)
  • At least three (3) years specialized Accounts Receivable experience in a computerized environment supplemented by additional years of computer work experience
4

Account Receivable Job Description

Job Description Example
Our company is looking for an account receivable. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for account receivable
  • Supervises the medical billing of all third party claims to various payers utilizing standard processes with clearinghouse submission or direct submitter when applicable
  • Develops processes and procedures to optimize work performance and ensure compliance with third party and governmental regulations
  • Prepares monthly and periodic reports analyzing the accounts receivable and escalates problems as necessary
  • Responsible for the training and development of new and existing employees, including employee counseling and annual reviews
  • Responsible for communicating changes to coding or documentation requirements to all applicable departments and providers
  • Communicates with third party payers regarding contracting issues and billing compliance
  • Performs random audits of employee batches and accounts receivable follow up
  • Assists the Business Office Dirctor in all duties related to the collection of third party payer claims
  • Successful applicant will be legally eligible to enter into an employment relationship under the laws of HungaryResolve customer inquiries promptly & accurately, by understanding customer market & needs
  • Successful applicant will be legally eligible to enter into an employment relationship under the laws of HungaryProactively contact customers for prompt collection or resolution of aged receivables, by regularly collecting & analysing customer data
Qualifications for account receivable
  • Prior experience must have included all relevant Accounts Receivable functions in an automated computerized environment, including maintenance, scanning, preparation, data entry, filing, and reconciling accounts
  • Minimum qualifications SPM/STPM
  • At least 1 year of working experience in related field
  • Meticulous and of high integrity
  • Independent, analytical, selfmotivated and with good interpersonal skills
  • 3 years experience in the collection/customer service function in the multinational environment Willingness to work US hours (2 nd shift)
5

Account Receivable Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of account receivable. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for account receivable
  • Process and review accounts for adjustments
  • Prepare customer account reconciliations
  • Obtain and mail, e-mail or fax invoice copies for customers, as requested
  • Authorize charges on commercial accounts requiring authorizations and special instructions
  • Facilitate discussions between the field and customers related to quality of work performed issues
  • Assist with the transition of new customers during acquisitions
  • Work directly with AR team, Staff Accountant Supervisors, and other leaders in the Organization as needed
  • Opening and closing of accounts
  • Managing deductions
  • Collection – Collection of invoices and/or delinquent accounts
Qualifications for account receivable
  • Minimum certificate of secondary education (preferably a University degree in business area)
  • Experience in multi- currency environment is preferred
  • Working experience within a (captive or outsourced) shared services center would be an advantage
  • Has analytical mind
  • Associate’s Degree (or higher) or HS Diploma/GED and 2+ years of prior insurance billing and insurance collections experience
  • Prior insurance billing and insurance collections experience

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