Senior Associate Accounts Receivable Job Description Template
The Senior Associate Accounts Receivable will oversee various aspects of the accounts receivable process, ensuring that all customer invoicing is completed accurately and timely. This role involves regular communication with customers to facilitate payment collection and resolving any discrepancies that may arise.
Responsibilities
- Manage and monitor accounts receivable processes to ensure timely and accurate invoicing and collections.
- Reconcile customer accounts, identifying and resolving any discrepancies.
- Prepare and present accounts receivable reports and analyses to management.
- Communicate effectively with customers to facilitate timely payments and resolve billing issues.
- Develop and implement strategies to improve efficiency and effectiveness in the accounts receivable process.
- Collaborate with internal departments, such as sales and customer service, to ensure smooth invoicing and collection processes.
- Maintain accurate and up-to-date records of all receivable transactions.
Qualifications
- Bachelor’s degree in Finance, Accounting, or related field.
- Minimum of 3-5 years of experience in accounts receivable or a related financial role.
- Strong knowledge of accounting principles and practices.
- Proven ability to analyze financial data and prepare financial reports.
- Excellent communication and interpersonal skills.
- Detail-oriented with strong problem-solving abilities.
- Proficiency in ERP systems and accounting software.
Skills
- Accounts Receivable Management
- Invoicing
- Customer Communication
- Financial Analysis
- ERP Systems
- Accounting Software
- Data Reconciliation
- Microsoft Excel
Frequently Asked Questions
A Senior Associate Accounts Receivable is responsible for overseeing the invoicing process, ensuring timely collection of payments, managing customer account reconciliations, and maintaining accurate financial records. They also analyze accounts receivable data to identify and resolve discrepancies, provide support to finance teams, and contribute to financial reporting.
To become a Senior Associate Accounts Receivable, candidates typically need a bachelor's degree in finance, accounting, or a related field. Relevant experience in accounts receivable or financial operations, along with proficiency in accounting software and strong analytical skills, are essential. Pursuing certifications in accounting can also enhance job prospects.
The average salary for a Senior Associate Accounts Receivable varies based on location, industry, and level of experience. They are often earning competitive wages that reflect their responsibilities in managing financial receivables, ensuring accuracy in invoicing, and contributing to financial processes.
Qualifications for a Senior Associate Accounts Receivable typically include a bachelor's degree in accounting or finance, along with experience in accounts receivable management. Strong knowledge of accounting principles, proficiency in financial software, and excellent organizational skills are critical for success in this role.
Key skills for a Senior Associate Accounts Receivable include analytical thinking, attention to detail, and excellent communication abilities. Responsibilities encompass managing customer accounts, processing invoices, ensuring prompt payment collection, and resolving payment discrepancies to maintain accurate financial reporting.