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Accounts Receivable Specialist Job Description: Top Duties and Qualifications

Your job description is the first contact between your company and your new recruit. With millions of people searching for jobs on Indeed each month, a great job description can help you attract the most qualified candidates to your open position. To get you started, here are some tips for creating an effective job description.

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Accounts Receivable Specialist job title

An effective job title wiil typically include a general term, the level of experience and any special requirements. The general term will optimize your job title to show up in a general search for jobs of the same nature. The level of experience will help you attract the most qualified applicants by outlining the amount of responsibility and prior knowledge required. And if your position is specialized, consider including the specialization in the job title as well. But avoid using internal titles, abbreviations or acronyms to make sure people understand what your job posting is before clicking.

  • Accounts Receivable Specialist
  • Entry-Level Accounts Receivable Clerk
  • Accounts Receivable Specialist (with Tally proficiency)
  • Accounts Receivable Clerk (Part-Time)
  • Accounts Receivable Representative
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Accounts Receivable Specialist Job Description Examples:

Example 1

Lamco Industries Pvt Ltd established in 1987 is a leading Electrical Switchgear Manufacturing company and is looking for an Accounts Receivable Executive with ERP (Tally) proficiency. He or She will have the following responsibilities:

  • Maintain bookkeeping databases and spreadsheets, updating information as needed
  • Communicate with previous clients and customers to request payment and arrange payment plans
  • Collect payment from customers and accurately record it into the system
  • Create reports and balance sheets that document overall profits and losses
  • Update client accounts in ERP based on payment or contact information

    At Lamco, we rely on a meticulous financial system to drive business forward. Our accounts receivable department keeps that system running smoothly by managing cash influx and collecting payment from clients. We’re searching for a skilled financial specialist to join our accounts team to help process, track, and record payments in an accurate, efficient, and timely manner. The accounts receivable specialist will have both a day-to-day and ongoing impact on financial transactions, keeping us on track, on time, and on good terms with our valued partners.

    Objectives of this role

  • Support the company in optimizing our financial transactions and systems by performing reconciliation of payments and customer accounts
  • Communicate discrepancies to management team, identify slow-paying customers, and recommend collection candidates
  • Strengthen and grow relationships with clients by communicating with customers regarding past-due accounts
  • Assist in streamlining the accounts receivable process by identifying areas for performance improvement
  • Exercise integrity and confidentiality in financial reporting, and comply with national and local financial requirements

    Responsibilities

  • Gather and verify invoices for appropriate documentation prior to payment
  • Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared
  • Perform daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledger
  • Monitor and collect accounts receivable by contacting clients via telephone, email, and mail
  • Prepare analytical and ratio analyses relevant to A/R so management can gain a better understanding of how collection efforts are progressing
  • Support other accounting and finance team members, inventory management, and cost accounting

    Required skills and qualifications

  • Strong mathematical skills
  • Understanding of basic principles of finance, accounting, and bookkeeping
  • Superb time management and detail orientation
  • Proficiency with Google Drive
  • Ability to keep company and partner confidences
  • Proficiency with one of the commonly used accounting ERP systems, such as Tally 9, Focus 9 or similar systems

    Preferred skills and qualifications

  • Graduate degree or equivalent
  • Experience in accounts receivable (or accounts payable)
  • Experience in driving process improvement

    Job Types: Full-time, Permanent

    Salary: ₹300,000.00 - ₹360,000.00 per year

    Benefits:
  • Health insurance
  • Leave encashment
  • Paid time off
  • Provident Fund
    Schedule:
  • Day shift
    Supplemental pay types:
  • Yearly bonus



    Experience:
  • total work: 1 year (Preferred)

    Ability to Commute:
  • Muppireddypally, Hyderabad, Telangana (Required)

    Ability to Relocate:
  • Muppireddypally, Hyderabad, Telangana: Relocate before starting work (Preferred)


    Work Location: In person

    Speak with the [phone number]

    • Accounts Receivable Specialist job summary

    A good job description starts with an attention-grabbing summary of the position and its role within your company. Your summary should provide an overview of your company and expectations for the position. Outline the types of activities and responsibilities required for the job so job seekers can determine if they are qualified, or if the job is suitable for them.

    Example of an Accounts Receivable Specialist job summary

    Our boutique hotel is in search of a reliable Accounts Receivable Clerk to join our accounting team. The successful candidate will relish the process of tracking invoices and resolving accounts for our customers. He or she should be extremely detail-oriented and a team player. We need someone who can work with the Accounts Payable Clerk and our in-house Accountant to ensure that our books are always up-to-date and accurate so that we can make effective decisions about the business. If you have a head for numbers, we want to hear from you.

    Accounts Receivable Specialist responsibilities and duties

    The responsibilities and duties section is the most important part of the job description. Here you should outline the functions this position will perform on a regular basis, how the job functions within the organization and the title of the manager the person will report to.

    • Post daily deposits
    • Process incoming mail concerning billing and invoicing
    • Communicate with clients about billing discrepancies and questions
    • Engage management over any AR problems you encounter
    • Initiate collections on past-due accounts
    • Maintain accounting ledgers as required
    • Create and update a log sheet for quality control
    • Handle all special billing situations, including group reservations and conventions
    • Audit ledgers to ensure they contain correct information, such as billing addresses and invoice numbers

    Accounts Receivable Specialist qualifications and skills

    Next, outline the required and preferred skills for your position. This may include education, previous job experience, certifications and technical skills. You may also include soft skills and personality traits that you expect from a successful candidate. While it may be tempting to include a long list of skills and requirements, including too many could dissuade qualified candidates from applying. Keep your list of qualifications concise, but provide enough detail with relevant keywords and terms.

    • Bachelor’s Degree in Accounting or related field
    • 2+ years’ experience in AR can substitute for educational requirement
    • Advanced mathematical and logical deduction skills
    • Experience with customer service and client communication
    • Excellent communication and problem-solving skills
    • Intermediate to advanced 10-key (Numpad) skills
    • Ability to create and edit Excel spreadsheets
    • Familiarity with accounting software programs
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    Job Description Examples

    Need help writing a job description for a specific role? Use these job description examples to create your next great job posting. Or if you’re ready to hire, post your job on Indeed.

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