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Accounts Receivable Job Description Template

Job Description Template

Accounts Receivable Job Description Template

June 3, 2022

Accounts Receivable Job Description Template

If you use the right and suitable resources, you will find a new employee in the blink of an eye. Our mission is to always provide the best sources, and one of them is this FREE Accounts Receivable Job Description Template.

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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.

Related Job Titles for Accounts Receivable

The Top  Accounts Receivable Skills

Skill Why it's important
Knowledge of Accounting Accounts Receivable Clerks must possess a solid knowledge of accounting principles and procedures in order to perform well in their job. They need to know how to deal with various financial transactions and situations, and any lack of accounting skills may lead to huge errors or inconsistencies.
Mathematics Skills Mathematics is the foundation of any accounting position, so it is necessary for Accounts Receivable Clerks to have excellent mathematics and numerical skills. Accounts Receivable Clerks deal with numbers and payments during their workday, which means that they must be comfortable with them.
Problem-Solving The ability to identify, analyze, and solve the problem, error, or irregularity is essential for Accounts Receivable Clerks. Besides identifying what the problem is, Accounts Receivable Clerks must use available and precise resources to resolve it in a professional way.
Writing Skills A huge amount of Accounts Receivable Clerks’ jobs entail collecting and maintaining payment and account records. They need to maintain the accuracy and clarity of information and ensure they are delivered properly. In other situations, Accounts Receivable Clerks should write important things down in order not to forget them.
Organization Accounts Receivable Clerks are ought to be highly organized and prepared even before their workday starts. Organizational skills help them keep track of their tasks and activities. When they are well-organized, Accounts Receivable Clerks are more likely to have a productive and result-oriented day at work.

Accounts Receivable Job Description Template (Free)

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.

Accounts Receivable Duties & 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

Accounts Receivable 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

Accounting Specialist Interview Questrions

Sample Interview Questions for Accounts Receivable

Once you gather up all the received applications, you can use these sample interview questions for Accounts Receivable. These can help you narrow down your choices and pick the most suitable candidate for the job.

  1. Tell us a little more about yourself.
  2. What are your goals for the next 5 years?
  3. What is your favorite animal?
Human Resources
  1. What do you expect your daily tasks to be?
  2. Could you briefly describe your Accounts Receivable experience so far?
  3. What skills do you reckon will benefit you in this position?
  1. How well do you function as part of a team?
  2. How do you prioritize your work and make sure to meet deadlines?
  3. What does your daily routine look like as an Accounts Receivable Clerk?
Technical Skills and Knowledge
  1. If you collect the cash from a client and it is not recorded as revenue, what happens with it?
  2. What steps do you take to close the AR period?
  3. Which accounting software have you used and what are you most familiar with?

What are the Educational Requirements for an Accounts Receivable?

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.

How Much To Pay an Accounts Receivable When Hiring

Accounts Receivable Clerks typically earn between $21,000 and $48,000 per year.

Their median annual salary is approximately $37,437.

The hourly wages go from $10 to $23.

Their median hourly pay is around $18.

Percentile 10% 25% 50%
75% 90%
Hourly Wage $10 $15 $18 $20 $23
Annual Wage $21,000 $31,500 $37,437 $41,500 $48,000

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Frequently asked questions about Accounts Receivable


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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