Accounts Receivable Assistant Jobs
An Accounts Receivable Assistant plays a crucial role in managing and collecting payments from clients, ensuring the financial health and stability of the organization. This position involves processing payments, preparing and sending invoices, maintaining accurate financial records, and resolving customer inquiries or disputes.
The Accounts Receivable Assistant is responsible for securing revenue by verifying receipts, maintaining records, and summarizing receivables, all while providing excellent customer service and adhering to financial policies and procedures. Accounts Receivable Assistant Jobs are essential for organizations to maintain efficient cash flow and foster positive client relationships.
National Yearly Income Range:
$35,000 - $60,000
Why Being an Accounts Receivable Assistant is Great.
An Accounts Receivable Assistant plays a crucial role in maintaining the financial health of a business by managing incoming payments and ensuring that invoices are processed accurately and efficiently. This position offers a unique blend of analytical skills and interpersonal communication, as it requires attention to detail while also interacting with clients to resolve any discrepancies. Working in this capacity can provide valuable experience in finance and accounting, making it an excellent stepping stone for career advancement. Additionally, the demand for skilled professionals in this area continues to grow, making Accounts Receivable Assistant jobs a stable and rewarding choice for those looking to build a career in finance.
Overall, the role not only contributes to the smooth operation of a company but also offers opportunities for personal and professional growth.
Accounts Receivable Assistant Job Duties And Responsibilities
An Accounts Receivable Assistant is responsible for processing various payment methods, including credit card, cash, and checks, while ensuring accurate financial records through meticulous documentation of debits, credits, and invoices. This role involves preparing and sending customer invoices and statements, managing customer accounts, and resolving discrepancies to maintain financial accuracy. Additionally, the assistant performs collection activities, responds to customer inquiries, and processes refunds and credits, all while ensuring compliance with relevant laws and company policies. Generating financial statements and reports on accounts receivable status is also a key duty, requiring effective communication with both departments and clients to address any financial matters.
Why be an Accounts Receivable Assistant with IES Residential?
Becoming an Accounts Receivable Assistant with IES Residential offers a unique opportunity to join a company with over 50 years of experience in providing essential services while being part of a supportive, family-oriented culture that values employee growth and development. At IESR, you will benefit from comprehensive training programs that empower you to advance your career, all while working for an organization committed to safety, community engagement, and inclusivity.
In this role, you will play a vital part in maintaining strong financial health and customer relationships, contributing to the company's mission of building a better world through collaboration and responsible growth.
Company Benefits
Competitive Wages
401(k) Plan with Contribution Matching
Paid Time Off (PTO)
Company Paid Life Insurance
Medical, Dental, & Vision Coverage
Short Term Disability Plans
Optional Long-Term Disability
Optional Critical Illness, Accident, Legal, & Pet Coverage.
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IES Residential States of Operation
FAQs
What's an Accounts Receivable Assistant's job description?
An Accounts Receivable Assistant is responsible for managing client payments and ensuring the organization's financial stability. Key duties include processing payments, preparing and sending invoices, maintaining accurate financial records, and resolving customer inquiries or disputes. This role focuses on securing revenue by verifying receipts and summarizing receivables, all while delivering excellent customer service and adhering to financial policies.
What is the average salary of an Accounts Receivable Assistant?
The average salary for an Accounts Receivable Assistant typically ranges from $35,000 to $60,000 annually, with a median around $45,000. Hourly rates generally fall between $17 and $30, with a median of approximately $22 to $25 per hour. Salaries can vary based on location, experience, and employer.
How do I get an Accounts Receivable Assistant job?
To get an Accounts Receivable Assistant job, start by obtaining an associate's degree in accounting or finance, or gain equivalent experience. Develop a strong understanding of accounting principles and practices. Proficiency in Microsoft Office, especially Excel, is essential. Highlight your communication skills and ability to work independently. Previous experience in a similar role is advantageous, so consider internships or entry-level positions in finance. Familiarize yourself with accounting software like QuickBooks or ERP systems. Additionally, emphasize your attention to detail, customer service skills, and understanding of credit practices during your job search.
What are the job duties of an Accounts Receivable Assistant?
An Accounts Receivable Assistant is responsible for processing payments, preparing and sending invoices, maintaining accurate financial records, and managing customer accounts. Key duties include handling payment transactions, resolving billing discrepancies, performing collection activities, and responding to customer inquiries. They also reconcile accounts, facilitate invoice payments, assist with administrative tasks, ensure compliance with regulations, and generate financial reports. Effective communication with clients and internal departments is essential for addressing financial matters.
How much does an Accounts Receivable Assistant make per hour?
An Accounts Receivable Assistant typically earns between $17 and $30 per hour, with a median rate of around $22 to $25 per hour. Salaries can vary based on location, experience, and employer.
Is an Accounts Receivable Assistant job fullfilling?
An Accounts Receivable Assistant job can be fulfilling for those who enjoy working with numbers, maintaining financial records, and contributing to a company's cash flow management. The role offers opportunities for skill development, teamwork, and problem-solving, making it rewarding for individuals who appreciate detail-oriented tasks and financial processes.
How long does it take to become an Accounts Receivable Assistant?
To become an Accounts Receivable Assistant, it typically takes 1 to 2 years of education and experience. An associate's degree in accounting or finance is often required, along with proficiency in Microsoft Office and a solid understanding of accounting principles. Previous experience in a similar role can enhance job readiness.
Is there a demand for Accounts Receivable Assistants?
Yes, there is a strong demand for Accounts Receivable Assistants. Businesses require skilled professionals to manage invoicing, collections, and financial record-keeping, making this role essential for maintaining cash flow and financial health.
What are Accounts Receivable Assistant career paths?
Accounts Receivable Assistants can pursue various career paths, including Accounts Receivable Specialist, Accounts Payable Clerk, Billing Coordinator, Credit Analyst, and Financial Analyst. With experience, they may advance to roles such as Accounting Supervisor or Finance Manager. Additionally, opportunities in related fields like payroll or compliance may be available. Continuing education and certifications can further enhance career prospects.
What are the job responsibilities of an Accounts Receivable Assistant?
An Accounts Receivable Assistant is responsible for processing payments, preparing and sending invoices, and maintaining accurate financial records. Key duties include managing customer accounts, resolving discrepancies, performing collection activities, and responding to customer inquiries. They also reconcile the accounts receivable ledger, facilitate invoice payments, assist with administrative tasks, ensure compliance with regulations, and generate financial reports. Effective communication with clients and internal departments is essential for addressing financial matters.
What are the requirements to get an Accounts Receivable Assistant job?
To qualify for an Accounts Receivable Assistant position, candidates typically need an Associate’s degree or equivalent experience in accounting or finance. Key skills include a strong understanding of accounting principles, proficiency in Microsoft Office (especially Excel), and excellent verbal and written communication abilities. Attention to detail, organizational skills, and the ability to manage confidential information are essential. Previous experience in a similar role is often preferred, along with familiarity with accounting software like QuickBooks or ERP systems. Strong data entry skills, customer service abilities, and negotiation skills are also important, with a Bachelor’s degree in Finance, Accounting, or Business Administration being a plus.
Are there entry level Accounts Receivable Assistant jobs?
Yes, there are entry-level Accounts Receivable Assistant jobs. Typically, these positions require a high school diploma or equivalent, basic accounting knowledge, and proficiency in spreadsheet and accounting software. Strong attention to detail, good communication skills, and the ability to work in a team are also important. Familiarity with invoicing and payment processing can be beneficial.
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