Use this Accounts Receivable job description template to attract qualified candidates who can manage billing, track incoming payments, and maintain accurate financial records.
An Accounts Receivable (AR) professional is responsible for managing customer invoices, tracking payments, reconciling accounts, and ensuring timely collection of outstanding balances. They help maintain a healthy cash flow and accurate financial records.
Accounts Receivable professionals ensure that all incoming payments are processed accurately and on time. Their key responsibilities include:
- Generating and sending invoices to customers.
- Monitoring and reconciling customer accounts.
- Following up on overdue payments and resolving billing discrepancies.
- Posting and applying payments to the accounting system.
- Coordinating with sales and customer service teams regarding account status.
Accounts Receivable Job Description Template
We are seeking an Accounts Receivable professional to manage customer billing, monitor incoming payments, and maintain accurate financial records. The ideal candidate should have strong attention to detail, excellent communication skills, and experience in invoicing and collections. If you are organized, proactive, and confident in handling financial transactions, we want to hear from you!
Roles & Responsibilities
- Generate, send, and manage customer invoices and statements.
- Post incoming payments accurately in the accounting system.
- Reconcile customer accounts and resolve payment discrepancies.
- Follow up on overdue invoices and manage collection efforts.
- Maintain updated records of receivables and account statuses.
- Communicate with customers regarding billing issues and payment arrangements.
- Prepare aging reports and assist with month-end closing activities.
- Collaborate with the sales team to verify pricing, contracts, and billing details.
- Ensure compliance with company policies and accounting standards.
- Assist auditors with documentation related to accounts receivable.
Requirements & Skills
- Bachelor’s degree in Accounting, Finance, or related field (preferred).
- Proven experience in Accounts Receivable, Billing, or Collections.
- Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle).
- Strong understanding of basic accounting principles.
- Excellent communication and customer service skills.
- High attention to detail and accuracy.
- Ability to manage deadlines and prioritize tasks.
- Strong Excel skills for reporting and reconciliation.
Who do Accounts Receivable Professionals report to?
They typically report to:
- Accounting Manager
- Finance Manager
- Controller
- Senior Accountant
Post this on job boards and career pages to hire professionals experienced in invoicing, collections, and customer account management. Feel free to customize it based on your company’s needs. Similar job titles include AR Specialist, Billing Specialist, and Collections Coordinator.
How to Assess Accounts Receivable Skills Effectively
Candidates may list Accounts Receivable (AR) experience on their resumes, but assessing their actual ability to manage invoices, track payments, and maintain accurate financial records before the interview is crucial. A structured AR assessment ensures you hire professionals who can support healthy cash flow, reduce outstanding balances, and maintain financial accuracy.
Here’s how you can assess Accounts Receivable proficiency effectively with WeCP:
- Invoice Processing & Billing Accuracy – Test candidates on their ability to generate invoices, verify billing details, and ensure error-free documentation.
- Payment Tracking & Reconciliation – Evaluate their capability to record payments, reconcile customer accounts, and follow up on discrepancies.
- Collections & Communication Skills – Assess their skills in contacting clients professionally, managing overdue accounts, and resolving payment issues.
- Credit Management & Risk Assessment – Check their ability to review credit limits, assess customer creditworthiness, and mitigate financial risks.
- Software Proficiency & Reporting – Ensure they can use accounting tools like QuickBooks, SAP, or Oracle and generate AR aging reports accurately.
With WeCP’s Accounts Receivable assessments, you can efficiently filter out underqualified candidates, streamline the hiring process, and ensure high-quality hires who can maintain strong cash flow, reduce delinquencies, and support overall financial stability.
