Account Receivable Job Description
Account Receivable Duties & Responsibilities
To write an effective account receivable job description, begin by listing detailed duties, responsibilities and expectations. We have included account receivable job description templates that you can modify and use.
Sample responsibilities for this position include:
Account Receivable Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Account Receivable
Typically a job would require a certain level of education.
Employers hiring for the account receivable job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Accounting, Finance, Business, Business/Administration, Associates, Education, Business School, Management, Economics, Accountancy
Skills for Account Receivable
Desired skills for account receivable include:
Desired experience for account receivable includes:
Account Receivable Examples
Account Receivable Job Description
- Resolve all billing discrepancies with customers and outside vendors
- Communicate with internal and external customers by telephone, email, to investigate complaints, verify accuracy of charges, or to correct errors in accounts
- Completes work within authorized time to assure compliance with departmental standards
- Be familiar with all aspects of the Costpoint system to apply cash receipts from customer checks and/or ACH payments, post credit memos against invoices, perform research, run reports and set up and maintain customer database
- Maintain aging integrity through consistent contact and follow-up, with an emphasis on past due accounts
- Maintain detailed files/notes on all accounts and customer communications
- Tracking and maintaining metrics for a variety of data
- Collection, application, and follow-up on customer payments
- Assist the Revenue & Credit Manager as needed with monthly close
- Process RMAs and other credits
- Manage over 300 key accounts Maintain a reduced DSO and debtors across the ledgers in general
- Reconcile Balance sheet account recs on quarterly basis
- Generate, monitors/reports aging of Accounts Receivables
- Minimum Graduate in Accountancy/ studying towards ACCA or CIMA qualifications
- Experiences in Account Receivable, preferably in a Multinational environment
- Candidates should be meticulous and be a team player
Account Receivable Job Description
- Manage association processing calendar/schedule for region
- Make daily assignments
- Track daily metrics
- Manage employee access changes
- Manage backfill/backup and work loads (including fluctuations)
- Assign branches portfolios to A/R staff based on experience, skill level and abilities
- Work directly with Billing Manager, Staff Accountant Supervisors, and other leaders in the Organization as needed
- Maintain cash reports for tracking key performance indicators (KPI) and staff allocation
- Responsible for supervision and performance of staff in Banking including performance reviews, disciplinary action and hiring
- Support the finance and operations team in varied tasks such as filing, purchasing and ad hoc projects
- Candidates should possess good interpersonal and communication skills
- Hands on knowledge of SAP system preferred
- Able to work independently and under tight schedule
- Strong analytical, research, and problem resolution skills (including follow-up)
- Very good Italian and English skills
- Spanish native speaker, with a high command of English, both written and spoken
Account Receivable Job Description
- Help in other accounting areas if needed as we cross train
- Handle client queries and escalations in a service oriented way, ensure feedback to client queries within agreed turnaround time
- Support operational performance reporting activities
- Understand and apply order-to-cash processes, policies, procedures and internal control standards
- Support Management Information System to track the KPI wrt receivables (Ageing, unadjusted on account payments, back logs, Days Outstanding )
- Support Internal/external audits with documentation and processes
- Monitor aging items in team portfolio
- Perform data mining to review membership eligibility and payments to identify receivables
- Perform financial modeling to develop projections of current receivables based on future insurance payments (accruing for current revenue)
- Collect and analyze key indicators that impact the receivables
- High level of French is highly valued
- SAP ERP key user and high command of Office package
- Familiar with e-faktur system
- Understand on rule & regulation for software transaction in country
- Bilingual is mandatory for the role (French and English)
- At least three (3) years specialized Accounts Receivable experience in a computerized environment supplemented by additional years of computer work experience
Account Receivable Job Description
- Supervises the medical billing of all third party claims to various payers utilizing standard processes with clearinghouse submission or direct submitter when applicable
- Develops processes and procedures to optimize work performance and ensure compliance with third party and governmental regulations
- Prepares monthly and periodic reports analyzing the accounts receivable and escalates problems as necessary
- Responsible for the training and development of new and existing employees, including employee counseling and annual reviews
- Responsible for communicating changes to coding or documentation requirements to all applicable departments and providers
- Communicates with third party payers regarding contracting issues and billing compliance
- Performs random audits of employee batches and accounts receivable follow up
- Assists the Business Office Dirctor in all duties related to the collection of third party payer claims
- Successful applicant will be legally eligible to enter into an employment relationship under the laws of HungaryResolve customer inquiries promptly & accurately, by understanding customer market & needs
- Successful applicant will be legally eligible to enter into an employment relationship under the laws of HungaryProactively contact customers for prompt collection or resolution of aged receivables, by regularly collecting & analysing customer data
- Prior experience must have included all relevant Accounts Receivable functions in an automated computerized environment, including maintenance, scanning, preparation, data entry, filing, and reconciling accounts
- Minimum qualifications SPM/STPM
- At least 1 year of working experience in related field
- Meticulous and of high integrity
- Independent, analytical, selfmotivated and with good interpersonal skills
- 3 years experience in the collection/customer service function in the multinational environment Willingness to work US hours (2 nd shift)
Account Receivable Job Description
- Process and review accounts for adjustments
- Prepare customer account reconciliations
- Obtain and mail, e-mail or fax invoice copies for customers, as requested
- Authorize charges on commercial accounts requiring authorizations and special instructions
- Facilitate discussions between the field and customers related to quality of work performed issues
- Assist with the transition of new customers during acquisitions
- Work directly with AR team, Staff Accountant Supervisors, and other leaders in the Organization as needed
- Opening and closing of accounts
- Managing deductions
- Collection – Collection of invoices and/or delinquent accounts
- Minimum certificate of secondary education (preferably a University degree in business area)
- Experience in multi- currency environment is preferred
- Working experience within a (captive or outsourced) shared services center would be an advantage
- Has analytical mind
- Associate’s Degree (or higher) or HS Diploma/GED and 2+ years of prior insurance billing and insurance collections experience
- Prior insurance billing and insurance collections experience