Accounts Receivable job description template
If you are hiring for this role, start here. This free template is our detailed definition of the position, with everything you need to find and hire the right person. Copy it, add your own requirements, and post it.
What is an Accounts Receivable?
Accounts Receivable is a financial clerk who works in finance or administration departments in companies or business organizations.
Accounts Receivable Clerks are responsible for collecting, processing, and verifying incoming and outgoing client payments and ensuring accuracy and confidentiality in financial and bookkeeping processes.
They are in charge of preparing and sending bills and invoices, collecting and maintaining payment and account records, and resolving any irregularities or errors in financial or billing processes.
The top Accounts Receivable skills.
Five things separate a strong hire from a résumé that reads well. Use these as your scorecard criteria.
The job description, ready to post.
Copy it as written, or edit it until it sounds like your company. Both work.
We are searching for an Accounts Receivable Clerk to hire. Accounts Receivable Clerk will be working in the financial department of the company and ensure all incoming and outgoing payments are processed and received. In this position you will also be in charge of preparing and checking bills and invoices, identifying and resolving discrepancies and irregularities, and ensuring clients are properly billed for sold goods or services provided.
In order to excel in this position, you should have a solid knowledge of accounting principles and processes, as well as familiarity with federal, state, and local regulations and laws. Our preferable candidate should have great mathematical, problem-solving, organizational, and writing skills. Analytical thinking, attention to detail, and computer skills can also come in handy.
Duties and responsibilities
- Process client payments and accounts according to financial policies and procedures
- Ensure clients are properly billed for the company’s sold goods or services provided
- Maintain accurate records of incoming payments
- Perform financial transactions
- Prepare and check bills, invoices, bank deposits, etc
- Identify and resolve discrepancies and irregularities
- Ensure discretion and confidentiality of clients and compliance with federal, state, and local regulations and laws
- Perform administrative tasks
- Contacting clients if necessary
- Help with genera; financial management and analysis
- Deliver reports to other departments if needed
- Assist in improving the accounts receivable processes by identifying areas of improvement
Requirements
- Bachelor’s or Master’s degree in accounting, finance, business administration, or a similar field
- Working experience as an Accounts Receivable Clerk or a similar position
- Solid knowledge of basic accounting and finance principles, processes, and regulations
- Experience in operating spreadsheets and accounting software
- Strong mathematical skills
- Writing and organization
- Accuracy and efficiency
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Copy it straight into your job board or ATS, or have it emailed to you with the interview questions for this role.
What education this role needs.
Accounts Receivable Clerks usually have a Bachelor’s degree in finance, accounting, or business administration.
Many Accounts Receivable Clerks will receive on-the-job training working and learning from other specialists to acquire the necessary knowledge, skills, and experience for this position.
Sample interview questions for an Accounts Receivable.
Once you have gathered the applications, work through these in order. Twelve questions across four areas, enough to tell your shortlist apart.
- Tell us a little more about yourself.
- What are your goals for the next 5 years?
- What is your favorite animal?
- What do you expect your daily tasks to be?
- Could you briefly describe your Accounts Receivable experience so far?
- What skills do you reckon will benefit you in this position?
- How well do you function as part of a team?
- How do you prioritize your work and make sure to meet deadlines?
- What does your daily routine look like as an Accounts Receivable Clerk?
- If you collect the cash from a client and it is not recorded as revenue, what happens with it?
- What steps do you take to close the AR period?
- Which accounting software have you used and what are you most familiar with?
How much to pay when hiring.
Annual pay by percentile. Where you land depends on the size of the cycle they will own, and the 25th percentile is usually where a first analyst hire sits.
Hourly equivalents run from $10 at the 10th percentile to $23 at the 90th.
Candidates may apply under a different name.
Post the title your industry uses and keep the rest of the description. These three roles overlap enough that the same posting usually reaches all of them.
Three titles, one description.
Search behavior varies by industry, so the same job is advertised under several names. If you are unsure which one your candidates search for, run two titles and see which fills.
Accountant
An accountant is a professional who provides financial services to individuals or businesses.
$68,326 medianAccounting Coordinator
An Accounting Coordinator is a professional responsible for overseeing and facilitating various accounting functions within an organization.
$51,262 medianFrequently asked questions.
Who do Accounts Receivable Clerks work with?
Accounts Receivable Clerks typically work with clients to ensure their payments are received and processed. They may also report to accounting or administrative managers.
What are the differences between an Accounting Receivable Clerk and an Accountant?
The main difference between these two positions is their level of education and working experience.
Accounts Receivable Clerk deals with various financial transactions and makes sure payments are properly received, verified, and processed.
Accountants primarily focus on the overall financial health of the company or organization.
How much do Accounts Receivable Clerks usually earn?
Accounts Receivable Clerks usually earn between $21,000 and $48,000 per year.
What are the essential skills for Accounts Receivable Clerks?
Accounts Receivable Clerks should have great mathematics, writing, problem-solving, analytical, and organizational skills.
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