The key role of an employee who works as an Accounts Receivable is to ensure their company receives payments for goods and services, and records these transactions accordingly. An Accounts Receivable job description will include securing revenue by verifying and posting receipts, and resolving any discrepancies.This role requires the candidate to be organised and have a keen eye for detail to spot any issues that may arise.
Accounts Receivable duties and responsibilities of the job
A typical Accounts Receivable job description should include, but not be limited to:Maintaining the billing systemGenerating invoices and account statementsPerforming account reconciliationsMaintaining accounts receivable files and recordsProducing monthly financial and management reportsInvestigating and resolving any irregularities or enquiriesAssisting in general financial management and analysis
Accounts Receivable job qualifications and requirements
Experience in accounting is required for an Accounts Receivable role, but a Bachelor’s degree isn’t a necessity. However, a degree in the following will allow a candidate to develop their career in accounting further:AccountingFinance or EconomicsBusiness Studies or AdministrationMathematicsWithin an Accounts Receivable role, they will need to possess the following skills:An ability to prioritise and manage expectationsA keen eye for detailAn ability to work independentlyThe ability to communicate articulately and efficiently with other people within the companyA mathematical background
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