Accounts Receivable

Accounts Receivable job description

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 system

Generating invoices and account statements

Performing account reconciliations

Maintaining accounts receivable files and records

Producing monthly financial and management reports

Investigating and resolving any irregularities or enquiries

Assisting 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:

Accounting

Finance or Economics

Business Studies or Administration

Mathematics

Within an Accounts Receivable role, they will need to possess the following skills:

An ability to prioritise and manage expectations

A keen eye for detail

An ability to work independently

The ability to communicate articulately and efficiently with other people within the company

A mathematical background

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