Accounts Receivable Clerk Jobs
Accounts Receivable Clerk Jobs involve managing and maintaining a company's accounts receivable, which is essential for the financial health of the organization. The role includes processing and monitoring incoming payments, ensuring accuracy in financial operations, and securing revenue through the verification and posting of receipts.
An Accounts Receivable Clerk prepares and sends invoices, manages customer accounts, resolves billing issues, and performs periodic reconciliations of the accounts receivable ledger. This position requires strong attention to detail, excellent communication skills, and the ability to work independently in a fast-paced environment.
National Yearly Income Range:
$35,000 - $55,000
Why Being an Accounts Receivable Clerk is Great.
An Accounts Receivable Clerk is a great job for those who enjoy working with numbers and have a keen eye for detail. This position plays a crucial role in maintaining the financial health of a company by ensuring that payments are collected in a timely manner and that records are accurately kept. The job offers a stable work environment with opportunities for career advancement, as well as the chance to develop valuable skills in accounting and finance. Additionally, Accounts Receivable Clerk jobs often provide a clear path for professional growth, making it an attractive option for individuals looking to build a long-term career in the financial sector.
Overall, this role combines analytical tasks with interpersonal communication, making it both rewarding and dynamic.
Accounts Receivable Clerk Job Duties And Responsibilities
The Accounts Receivable Clerk plays a crucial role in managing the company's financial health by monitoring accounts and incoming payments to ensure adherence to established financial policies. Daily tasks include processing and recording accounts receivable data, preparing invoices, and reconciling the accounts receivable ledger to guarantee accurate posting of payments. Additionally, the AR Clerk is responsible for addressing client billing inquiries, drafting correspondence for past-due accounts, and collaborating with the Collections Manager to maintain account accuracy. By ensuring compliance with relevant laws and regulations, the Accounts Receivable Clerk contributes to the overall efficiency of the financial operations within the organization.
Why be an Accounts Receivable Clerk with IES Residential?
Becoming an Accounts Receivable Clerk with IES Residential offers a unique opportunity to join a company with over 50 years of experience in the electrical services industry, known for its commitment to excellence and strong community engagement. You will be part of a supportive, family-oriented culture that values employee development and offers comprehensive benefits, including competitive compensation and ongoing training programs.
At IESR, you can contribute to a legacy of responsible growth while enjoying a vibrant work environment that embraces diversity and empowers individuals to thrive both professionally and personally.
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 Clerk's job description?
An Accounts Receivable Clerk is responsible for managing a company's incoming payments and maintaining accurate financial records. Key duties include processing invoices, monitoring customer accounts, verifying and posting receipts, resolving billing issues, and performing reconciliations of the accounts receivable ledger. This role requires strong attention to detail, excellent communication skills, and the ability to work independently in a fast-paced environment, all of which contribute to the overall financial health of the organization.
What is the average salary of an Accounts Receivable Clerk?
The average salary for an Accounts Receivable Clerk in the United States ranges from approximately $35,000 to $55,000 annually, with a median salary around $43,000 to $45,000. Hourly wages typically range from $17 to $26, with a median of $20 to $22 per hour. Salaries can vary based on location, experience, and company.
How do I get an Accounts Receivable Clerk job?
To get an Accounts Receivable Clerk job, start by gaining relevant experience, ideally 2-3 years in accounting or a similar role. Develop a solid understanding of accounting principles and collection regulations. Proficiency in Microsoft Office, especially Excel, and familiarity with accounting software are essential. Strong communication, data entry, and problem-solving skills are important, along with attention to detail and time management. A high school diploma is required, while an Associate's or Bachelor's degree in Accounting or a related field is preferred. Tailor your resume to highlight these qualifications and apply to job openings that match your skills.
What are the job duties of an Accounts Receivable Clerk?
An Accounts Receivable Clerk is responsible for monitoring accounts and incoming payments, processing and recording accounts receivable data, preparing bills and invoices, and reconciling the accounts receivable ledger. They verify discrepancies, resolve billing issues, and create reports on customer account statuses. The role also involves drafting correspondence for past-due accounts, updating customer information, performing collection activities, and responding to inquiries. Additionally, they ensure compliance with financial policies and assist in preparing financial statements related to accounts receivable.
How much does an Accounts Receivable Clerk make per hour?
An Accounts Receivable Clerk typically earns between $17 and $26 per hour, with a median hourly wage of around $20 to $22. Salaries can vary based on factors such as location, experience, and company.
Is an Accounts Receivable Clerk job fullfilling?
An Accounts Receivable Clerk job can be fulfilling for those who enjoy working with numbers, managing financial transactions, and contributing to a company's financial health. It offers opportunities for problem-solving, attention to detail, and building relationships with clients. However, fulfillment may vary based on individual interests and career goals.
How long does it take to become an Accounts Receivable Clerk?
To become an Accounts Receivable Clerk, it typically takes 2-3 years of relevant experience in accounting or finance. A high school diploma is required, while an Associate's or Bachelor's degree in Accounting or a related field is preferred. Proficiency in accounting software and strong communication skills are also essential.
Is there a demand for Accounts Receivable Clerks?
Yes, there is a strong demand for Accounts Receivable Clerks. As businesses continue to grow and manage their finances, the need for skilled professionals to handle invoicing, collections, and financial record-keeping remains essential. This role is crucial for maintaining cash flow and ensuring timely payments, making it a sought-after position in various industries.
What are Accounts Receivable Clerk career paths?
Accounts Receivable Clerks can advance their careers in several ways. They may move into senior accounting roles, such as Accounts Receivable Supervisor or Manager, overseeing teams and processes. Some may transition to broader financial positions, like Financial Analyst or Accountant, where they handle more complex financial tasks. Others might specialize further by focusing on credit analysis or collections management. Additionally, pursuing certifications in accounting or finance can enhance career prospects and lead to higher-level positions within the finance department or related fields.
What are the job responsibilities of an Accounts Receivable Clerk?
An Accounts Receivable Clerk is responsible for monitoring accounts and incoming payments to ensure compliance with financial policies. Key duties include processing and recording accounts receivable data, preparing bills and invoices, reconciling the accounts receivable ledger, and resolving billing discrepancies. They also create reports on customer account statuses, assist in monthly billing, and collaborate with the Collections Manager. Additional responsibilities include drafting correspondence for past-due accounts, updating customer information, performing collection activities, responding to inquiries, processing refunds, and ensuring compliance with laws and regulations.
What are the requirements to get an Accounts Receivable Clerk job?
To qualify for an Accounts Receivable Clerk position, candidates typically need the following:
1. Education: A high school diploma or equivalent is required; an Associate's or Bachelor's degree in Finance, Accounting, or Business Administration is preferred.
2. Experience: 2-3 years of proven experience in accounts receivable, accounting, or a related role.
3. Skills:
- Solid understanding of basic accounting principles and collection regulations.
- Proficiency in Microsoft Office, especially Excel and Word, and familiarity with accounting software or ERP systems.
- Strong data entry skills and attention to detail.
- Excellent verbal and written communication skills.
- Critical thinking and problem-solving abilities.
- Good time-management skills and the ability to work independently in a fast-paced environment.
- Customer service orientation and negotiation skills.
Are there entry level Accounts Receivable Clerk jobs?
Yes, there are entry-level Accounts Receivable Clerk jobs. Typically, these positions require a high school diploma or equivalent, basic accounting knowledge, proficiency in spreadsheet and accounting software, strong attention to detail, and good communication skills. Familiarity with invoicing and payment processing can be beneficial.
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