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What is an account receivable associate and how to become one
Account receivable associates generate revenue for companies by ensuring that clients are properly billed for goods or services. You will process and record transactions. Likewise, processing, verifying, posting receipts for goods sold or services rendered are also part of your duties. Similarly, you will research and resolve all account discrepancies. You will also work with the collection department to review accounts, credit history, and client's payment and develop new or better repayment terms. Reports and statements will be recorded and kept for internal use. Also, you must attend any ongoing educational opportunities that will help you for the job role as well as update your job knowledge.
The educational requirement for this post is a Bachelor's degree in accounting, finance, or related field. Strong mathematics, typing, and computer skills, especially with bookkeeping software, are important. You must have good interpersonal skills to build relationships with clients and internal departments. Another important skill for the post is good time management and problem-solving skills. You will earn an average of $40,073 a year.
Avg. Salary $43,252
Avg. Salary $59,228
Growth rate -8%
Growth rate 0.3%
American Indian and Alaska Native 0.48%
Asian 3.55%
Black or African American 14.30%
Hispanic or Latino 18.26%
Unknown 4.01%
White 59.40%
Genderfemale 76.52%
male 23.48%
Age - 46American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 46Stress level is high
7.1 - high
Complexity level is intermediate
7 - challenging
Work life balance is good
6.4 - fair
Account receivable associate career paths
Key steps to become an account receivable associate
Explore account receivable associate education requirements
Start to develop specific account receivable associate skills
Skills Percentages Customer Service 19.17% Data Entry 8.24% Patients 7.84% Good Judgment 4.65% Credit Card Payments 3.96% Complete relevant account receivable associate training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New account receivable associates learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an account receivable associate based on U.S. Bureau of Labor Statistics data and data from real account receivable associate resumes.Research account receivable associate duties and responsibilities
- Manage daily credit card reconciliations and personally deliver regular cash deposits in a safe and professional manner.
- Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
- Participate in month end close process by ensuring all assign journal entries and account reconciliations are perform timely and accurately.
- Receive payments by credit card, ACH (automate clearing house) and electronic bank deposits.
Prepare your account receivable associate resume
When your background is strong enough, you can start writing your account receivable associate resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an account receivable associate resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
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Build a professional account receivable associate resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your account receivable associate resume.
Apply for account receivable associate jobs
Now it's time to start searching for an account receivable associate job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How did you land your first account receivable associate job
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Average account receivable associate salary
The average account receivable associate salary in the United States is $43,252 per year or $21 per hour. Account receivable associate salaries range between $29,000 and $63,000 per year.
What am I worth?
How do account receivable associates rate their job?
Account receivable associate reviews
Investigating claims of denials and getting claims pain in a timely manner
Nothing
Resolving problems and the everyday challenge
Highly stressful, under-appreciated and other departments not recognizing the value of the AR department.
Updated January 8, 2025
