Account Receivable Career

Career Description:

The account receivable unit is responsible for making sure that payment for a specific service or product is efficient, precise and on time.  The unit takes on the responsibility of maintaining the billing system, processing billing and receipts, scheduling payment collection and reminder, account reconciliation, monitoring accounts, accomplishing reports, preparing bank deposits, and processing specific adjustments.

The task of answering and resolving customer queries or concerns fall under the duties of the account receivable unit. These are the tasks performed by account receivable professionals. Account receivable careers include account receivable clerk, account receivable analyst, account receivable specialist, account receivable coordinator, account receivable representative, account receivable supervisor and account receivable manager.  Having this type of career requires one to be organized, analytical and efficient.  Good communication, interpersonal and problem-solving skills is required as well.

How to become an Account Receivable Professional

To become an account receivable professional, one must have earned a high school diploma or GED.  Training programs for bookkeeping are available for one to gain the necessary skills required for an account receivable profession.  On-the-job training is also provided for by employers.  Pursuing and associate or bachelor’s degree in accounting will help one enter into a more advanced position in this type of career.  Management positions require a higher degree of study such as a master’s degree.  To become a highly eligible account receivable professional, one must obtain a certification through the American Institute of Professional Bookkeepers and The International Accounts Receivable Professionals.

Account Receivable Courses, training, programs

Bookkeeping courses may include bookkeeping, financial accounting, managerial accounting, accounting applications, payroll procedures, taxation, accounting information system, financial statement analysis, and database management.

TOP 5 colleges/Universities

University of Illinois at Urbana-Champagne, Illinois

University of Texas-Austin, Texas

University of Pennsylvania, Pennsylvania

University of Phoenix (online learning, multiple locations across America)

Kaplan University (online learning)

Account Receivable Jobs, opportunities, salaries/pay

An account receivable professional may work in various industries and offices such as financial firms, healthcare, and government offices.  The salary may range from $20,000 to $70,000 per year.  The salary depends on one’s experience, designation, employer, location and benefits.

Category: Accounting Careers

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