Accounts Receivable Specialist Job Overview
Discover everything you need to know about becoming a Accounts Receivable Specialist. Learn about responsibilities, requirements, salary expectations, and career growth opportunities.
Average Salary
$46k - $69k
Job Growth
8%
Education
Varies
Work Hours
Full-time
A Accounts Receivable Specialist is a vital role in the finance industry. This position involves a combination of technical expertise, problem-solving skills, and effective communication.Accounts Receivable Specialists play a crucial role in ensuring organizational success through their specialized knowledge and contributions.
The ideal candidate for this Accounts Receivable Specialist position should be detail-oriented, adaptable, and committed to continuous learning. This role offers opportunities for career advancement and skill development in a dynamic professional environment.
As a Accounts Receivable Specialist, your primary responsibilities include:
- Collaborate with team members to achieve Accounts Receivable Specialist objectives
- Maintain accurate records and documentation related to Accounts Receivable Specialist activities
- Stay current with industry trends and best practices in Accounts Receivable Specialist
- Communicate effectively with stakeholders and team members
- Prepare financial reports and analyses
- Monitor budgets and financial performance
- Ensure compliance with financial regulations
- Conduct financial forecasting and planning
- Manage financial risks and opportunities
Education:
Bachelor's degree in Finance, Accounting, or Business Administration
Required Skills & Experience:
- Strong communication and interpersonal skills
- Excellent problem-solving and critical thinking abilities
- Proficiency with industry-standard software and tools
- Ability to work independently and as part of a team
- Strong organizational and time management skills
- Strong analytical and mathematical skills
- Proficiency in financial software and Excel
- Knowledge of financial regulations and compliance
- Attention to detail and accuracy
- Professional certification (CPA, CFA, etc.) often preferred
Preferred Qualifications:
- Professional certification relevant to the field
- 2-5 years of relevant experience
- Strong portfolio of relevant work (where applicable)
The average salary for a Accounts Receivable Specialist ranges from $46k - $69k depending on experience, location, and employer. Factors such as specialized skills, certifications, and industry demand can significantly impact compensation.
Typical Benefits Include:
- Health, dental, and vision insurance
- Retirement savings plans (401k matching)
- Paid time off and holidays
- Professional development opportunities
- Flexible work arrangements (remote/hybrid options)
Finance roles are typically office-based in corporate settings. The work is deadline-driven, particularly around month-end, quarter-end, and year-end reporting periods. Long hours may be required during busy periods.
Entry-Level Positions:
Junior Accounts Receivable Specialist • Accounts Receivable Specialist Assistant • Associate Accounts Receivable Specialist • Entry-level Accounts Receivable Specialist
Mid-Level Positions:
Accounts Receivable Specialist • Senior Accounts Receivable Specialist • Lead Accounts Receivable Specialist • Accounts Receivable Specialist II
Senior-Level Positions:
Principal Accounts Receivable Specialist • Accounts Receivable Specialist Manager • Accounts Receivable Specialist Director • VP of Accounts • Chief Accounts Officer
Job Outlook: The Accounts Receivable Specialist field is projected to grow by 8% over the next decade, which is about as fast as the average for all occupations. This growth indicates strong demand and promising career opportunities for qualified professionals.
AR Specialist, Accounts Receivable Clerk
✓ This role may be ideal if you:
- Enjoy solving complex problems and challenges
- Thrive in collaborative team environments
- Are committed to continuous learning and skill development
- Have strong attention to detail and quality
✗ This role might not be ideal if you:
- Prefer working alone without collaboration
- Dislike adapting to new technologies and methods
- Are uncomfortable with deadlines and pressure
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