Accounts Receivable Analyst Job Description

Accounts Receivable Analyst Job Description

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Accounts receivable analyst provides timely and accurate billing information to customers, including sales invoices from SAP and miscellaneous invoices generation.

Accounts Receivable Analyst Duties & Responsibilities

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

Sample responsibilities for this position include:

Prepare Excel schedules as needed/requested for analysis and/or reconciliation
Conduct bi-weekly meetings with respective branch managers regarding status of A/R
Ensure proper account set-up with branch personnel
Recommend accounts to be placed for third party collection
Apply client payments to invoices
Effectively researching, tracking and resolving accounting or documentation problems and discrepancies
Make collection calls to customers on past due invoices
Perform Billing function for clients and insurance carriers
Perform credit checks on clients
Provide coaching/guidance to Customer Case Assistant or Sr

Accounts Receivable Analyst Qualifications

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

Licensing or Certifications for Accounts Receivable Analyst

List any licenses or certifications required by the position: CPA, R/3, SAP, CMA, CDFM, AR

Education for Accounts Receivable Analyst

Typically a job would require a certain level of education.

Employers hiring for the accounts receivable analyst 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, Education, Associates, Business/Administration, General Education, Management, Business and Economics, Communication

Skills for Accounts Receivable Analyst

Desired skills for accounts receivable analyst include:

Job related tools and applications
Excel
SAP
Practices and procedures within a finance organization
Oracle
Microsoft Excel
Microsoft Office
Avatar
Medical billing requirements
Payer payment methodologies

Desired experience for accounts receivable analyst includes:

Provide ongoing training for new and existing team members on processes and business controls
Participate and/or assist with Account set up calls as needed
Ensure schedules are reviewed and signed off on for accuracy per the schedule checklist P&P
Assists in the investigation and analysis of credit risks of simple accounts or of accounts that have become delinquent and initiate collection action
Regularly briefs leadership on the status of credit or collection accounts
Ensure proper cash receipts allocation

Accounts Receivable Analyst Examples

1

Accounts Receivable Analyst Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of accounts receivable analyst. 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 accounts receivable analyst
  • Conduct bi-weekly meetings with respective branch managers regarding status of Accounts Receivable
  • Facilitate credits/refunds to customers and write-offs to management as needed
  • Process and record bank deposits and cash receipts
  • Run Accounts Receivable aging files for Private Equity, Credit and GP teams on a monthly and ad hoc basis
  • Track the unapplied balances for all teams and complete reconciliations
  • Follow up and respond to AR email inquiries
  • Assist with quarterly portfolio company billings and tracking
  • Set up new deal codes and counterparties in the General Ledger system
  • Monitor active vs
  • Process expense re-classes and reconcile with the fund accounting teams
Qualifications for accounts receivable analyst
  • Reconcile Accounts Receivable sub-ledger to the general ledger on a monthly basis
  • Assist the Management Company team with projects and ad hoc requests
  • Collect cash receipt reports from four reporting locations (Box Office, Health & Fitness Center, Residence, and Business Office/Misc.) and review and record journal entries
  • Troubleshoot any entry errors or discrepancies with the reporting locations as needed
  • Collect contributed revenue batch reports from the Development Department and review and record journal entries
  • Assemble, log, and file daily cash receipts packets in accordance with Finance office protocol
2

Accounts Receivable Analyst Job Description

Job Description Example
Our company is growing rapidly and is looking for an accounts receivable analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for accounts receivable analyst
  • Contact customers for payment of past due invoices and document the results
  • Respond to customer requests relating to invoices
  • Interact with the sales organisation, order management, distribution and returns processing to drive customer disputes to resolution
  • Ensure cash application is accurate - examine remittance advice
  • Handing phone inquiries and requests from Sales Department and customers
  • Setting up new customer accounts in accounting system
  • Performing credit checks on customers’ orders
  • Addressing past due accounts, skipped invoices, bounced checks, and short payments
  • Originating and distributing daily reports (Hold List – Unpaid CODs)
  • Assisting with daily Remote Deposit process
Qualifications for accounts receivable analyst
  • Desire to learn with the flexibility to adjust to a rapidly growing business
  • Willingness to perform tasks assigned which can vary significantly day-to-day
  • Manages top tier Accounts (Global & G500)
  • Resolve complex problems & escalations and drive to resolution with business partners
  • Document and communicate processes
  • Drive change and ensure scaling of processes through automation, work assessment and process improvement
3

Accounts Receivable Analyst Job Description

Job Description Example
Our company is searching for experienced candidates for the position of accounts receivable analyst. 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 accounts receivable analyst
  • Ensure all member payments are accurately processed to the appropriate account using the matching criteria and online decision
  • Process rejected payment and refunds when appropriate
  • Perform account analysis to ensure the members' balances are accurate
  • Update members' account balance monthly, as applicable
  • Weekly portfolio review and analysis to determine best practices cash forecasting for the month
  • Performs other duties such as financial reports and other relevant services as requested
  • Receive, research and resolve a variety of internal and external customer inquiries concerning account status
  • Escalate accounts receivable related risks, issues, potential bad debt, pursuant to Lamons’ Aging Administration Work Instructions
  • Provide support to the AR Manager, Sr
  • Review and manage weekly aging
Qualifications for accounts receivable analyst
  • Associates degree, technical college or some college preferred
  • Bachelor's degree required - major in Finance or Accounting preferred
  • Responsible for receipt and posting of cash receipts,Manual/ Custom Invoicing, Credit Notes and Refunds, Prepaid Order release, Bank Reconciliation, reconciling outstanding account balances, and preparation of periodic reports on accounts receivable and past due status, processes bank disputes
  • Responsible for collection activities including sending follow-up inquiries, negotiating with past due accounts on repayment terms/ non terms, and decisions on referring accounts to collection agencies and/or writing off accounts receivable
  • Extensive knowledge of and ability to use spreadsheet packages
  • Ability to give and follow written and oral instructions, be self-driven to achieve company and departmental objectives
4

Accounts Receivable Analyst Job Description

Job Description Example
Our company is growing rapidly and is hiring for an accounts receivable analyst. 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 accounts receivable analyst
  • Reconcile lockbox process
  • Document and communicate payment application issues
  • Communicate with internal and external customers to resolve payment application issues
  • Review and fix payment application errors
  • Manage the download of transmission files
  • Reconcile unapplied payments
  • Post deposits (checks an ACH)
  • Complete month end closing processes including journal entries, field notifications and reconciliations
  • Learn all AR processes and recommend improvements
  • Active participation in weekly/monthly AR review meetings with internal groups
Qualifications for accounts receivable analyst
  • Minimum of 3- 5 years of experience in a similar capacity
  • 1+ year of previous Accounts Receivable and Collections experience
  • Payroll and Accounts Payable experience
  • Prior Customer Collections working experience preferred
  • Six Sigma Knowledge or Experience is preferred
  • Bachelor’s degree in Business, Finance, Accounting, or related field, or equivalent education and experience
5

Accounts Receivable Analyst Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of accounts receivable analyst. 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 accounts receivable analyst
  • Open new customer accounts - review application, verify references, and recommend credit terms
  • Maintain and update customer database, ensuring information is current and accurate
  • Initiate and pursue collection action on past due receivables
  • Work collaboratively with sales, operations, and customers to support business relationship, improve process, and resolve conflicts
  • Provide management with weekly status of receivables and past due accounts and other reports as requested
  • Record and post daily cash receipts and deposits
  • Reconcile payments to invoices and customer accounts to general ledger
  • Perform month-end closing activities pertaining to accounts receivables and collections
  • Recommend process improvement opportunities to receivable, credit and collection operations
  • Prepare daily audit support for DCAA
Qualifications for accounts receivable analyst
  • High stress tolerance with a highly developed sense of urgency
  • Visual acuity to process paperwork
  • Manages top tier Accounts
  • Ability to work under stressful conditions while maintaining professionalism and enthusiasm
  • Customer first oriented
  • Speaking English and Korean is a must

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