Accounts Receivable Officer
Prepare invoices, billing, and other transactions for goods or services rendered by a business.
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In the last year
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Typical monthly salary
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Job opportunities
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Jobs in Jobstreet right now
Salary
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Typical monthly salary
Job growth
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In the last year
Job satisfaction
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What's it like to be an Accounts Receivable Officer?
An Accounts Receivable Officer monitors and keeps record of customer's financial obligations for goods sold or services rendered by a company. These transactions are tracked to ensure that they are invoiced, billed, and paid on time by customers.
Tasks and duties
- Performing day to day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables’ data.
- Preparing bills, invoices and bank deposits.
- Reconciling the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
- Resolving clients’ billing issues.
- Facilitating payment of invoices due by sending bill reminders and contacting clients.
- Generating financial statements and reports detailing accounts receivable status.
The daily role of this job includes verifying, classifying, posting, and recording line items for both financial and inventory purposes. The work also calls for communication skills to notify customers of their bills due. Some roles also include depositing money into a company's account and reporting a balance summary to management.
How to become an Accounts Receivable Officer
This role requires excellent organizational and documentation skills in ensuring that items are invoiced properly for billing. To start a career as an Accounts Receivable Officer, you must have knowledge in bookkeeping, strong mathematical skills and have a keen eye for details.
- Complete a college degree. While some employers allow a high school diploma as a minimum requirement, having a college degree with course credits in mathematics and business opens more opportunities.
- Gain advanced spreadsheet skills. Most employers use spreadsheets to record accounts receivable transactions. Knowledge in how to use popular spreadsheet applications such as MS Excel will boost your chances of getting employed.
- Take higher level education such as a masters degree in business or accounting. Employing generally accepted accounting principles in your work helps you learn more about financial operations. This could open more career paths in operations management or financial operations.
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Having the right skills and experience can make you an in-demand applicant. Accounts Receivable Officer employers on Jobstreet are looking for job seekers with expertise in the following areas.
Source: Jobstreet job ads and Jobstreet Profile data
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