A guide on accounts receivable representative duties and skills

accounts receivable representative duties and skills
ikhlass ikhlass
jobs Oct 14, 2024 0

accounts receivable representative duties are critical to maintaining a company’s cash flow and financial stability. These responsibilities include generating and sending invoices, tracking customer payments, and ensuring that all receivables are collected on time.

accounts receivable job description

The Accounts Receivable professional is responsible for managing and maintaining a company’s customer payments and outstanding balances. Their duties include preparing and sending invoices, tracking incoming payments, and ensuring timely collections from clients. They will also be expected to resolve payment discrepancies, process transactions accurately, and maintain detailed records within the accounting system.

Explore more: accounts receivable job qualifications and responsibilities

accounts receivable representative duties

Here are the accounts receivable representative duties:

  • Prepare and send invoices to customers promptly and accurately, following sales orders and contract terms.
  • Monitor customer accounts to ensure payments are applied correctly and received on time.
  • Use various communication methods (phone, email, etc.) to follow up with customers and collect overdue payments.
  • Resolve payment discrepancies and disputes efficiently and professionally.
  • Collaborate with the sales team and other internal departments to address customer concerns and resolve issues quickly.
  • Maintain accurate records of all customer transactions and interactions in the accounting system.
  • Send monthly statements to customers, keeping them informed about their outstanding balances.
  • Produce reports related to accounts receivable, such as aging reports, cash collection updates, and bad debt analysis.
  • Work with the credit department to assess customer creditworthiness and establish appropriate credit limits.
  • Assist with month-end and year-end closing by preparing reconciliations and necessary reports for management.

accounts receivable skills

Below are the accounts receivable skills and qualifications:

  • A high school diploma or its equivalent is required; a degree in accounting or finance is advantageous.
  • Demonstrated experience in accounts receivable or a related field.
  • Proficiency in using financial accounting software.
  • Fundamental knowledge of financial reports and statements.
  • Strong analytical and problem-solving capabilities.
  • High level of accuracy and attention to detail.
  • Good communication and interpersonal skills.
  • Ability to handle sensitive information with professionalism and discretion.

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accounts receivable job salary in uae

The typical salary for an Accounts Receivable Accountant in the UAE is around AED 5,000 per month. This may vary depending on the company, experience level, and specific job responsibilities.

A guide on accounts receivable representative duties and skills

In conclusion, accounts receivable representative duties are essential for maintaining the financial integrity of a company.

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