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Accounts Receivable Officer

Accounts Receivable Officer job description

As a key member of the accounting operations team, the Accounts Receivable Officer ensures the timely and accurate collection of revenue, playing a vital role in maintaining healthy cash flow and customer relationships. This role supports both day-to-day transactional processes and broader financial reporting.

Accounts Receivable Officer duties and responsibilities of the job

Key responsibilities of a typical Accounts Receivable Officer include:Generating and issuing invoices in accordance with contract terms and internal guidelinesMonitoring accounts to identify overdue payments and initiating collection activity as requiredAllocating payments accurately and reconciling customer accountsInvestigating and resolving invoice discrepancies or customer queries in a timely mannerPreparing regular ageing reports and providing updates on outstanding receivables to managementLiaising with internal stakeholders, including sales and customer service teams, to resolve billing issuesSupporting month-end processes, including journal entries and reporting of AR balancesAssisting in the implementation and improvement of AR processes and systemsEnsuring compliance with company policies and relevant financial regulationsMaintaining accurate customer master data in finance systems to support billing and collection integritySupporting external and internal audit processes by providing AR-related documentation and reconciliationsThis role suits detail-oriented professionals with strong communication skills, a customer-focused mindset, and a solid foundation in accounting principles and financial systems.

Typical Accounts Receivable Officer job qualifications and requirements

A diploma or degree in accounting, finance, or a related field is preferred, along with prior experience in accounts receivable, billing, or credit control functions. Familiarity with ERP systems and accounting software is advantageous.Key skills and attributes for success in this role include:Strong attention to detail and accuracy in data entry and reconciliationSolid understanding of invoicing, payment allocation, and ageing reportsGood organisational and time management skillsAbility to resolve discrepancies and follow up on outstanding paymentsCustomer service mindset with clear and professional communicationProficiency in Microsoft Excel and finance systemsAbility to work effectively in a high-volume, deadline-driven environment

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Salary for Accounts Receivable Officer
70000 - 79000
25th Percentile
70000
The candidate has little or no prior experience in the position and is still developing relevant skills.
50th Percentile
74000
The candidate has an average level of experience and has most of the necessary skills.
75th Percentile
79000
The candidate has above-average experience, has most or all the necessary skills and may have specialised qualifications.
Salary range based on three percentiles The starting salaries represent gross yearly salaries. They do not include bonuses, benefits or superannuation.
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Assistant Accountant 74000 78500 84000 Accountant 95500 108000 114500 Senior Accountant 107500 119000 132500 Group Accountant 112000 127500 145000 Accounts / Finance Officer 70000 74500 78500 Accounting Clerk 70000 72000 74000 Accounts Payable Officer 70000 74000 79000 Accounts Payable Supervisor 78000 90000 108000 Accounts Payable Manager 83500 100000 125000 Accounts Receivable Supervisor 78000 90000 108000 Accounts Receivable Manager 83500 100000 125000 Bookkeeper 73500 83500 93500 Corporate Accountant 112000 127500 145000 Cost Accountant 110000 118000 135000 Financial Accountant 93500 103000 112500 Senior Financial Accountant 116500 130000 145500 Management Accountant 100000 111000 120000 Senior Management Accountant 120000 135000 145000 Project Accountant 102500 118000 137000 Explore more salaries

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