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Accounts receivable clerk hiring summary. Here are some key points about hiring accounts receivable clerks in the United States:
Here's a step-by-step accounts receivable clerk hiring guide:
An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.
Before you post your accounts receivable clerk job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an accounts receivable clerk for hire on a part-time basis or as a contractor.
An accounts receivable clerk's background is also an important factor in determining whether they'll be a good fit for the position. For example, accounts receivable clerks from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
The following list breaks down different types of accounts receivable clerks and their corresponding salaries.
Type Of Accounts Receivable Clerk | Description | Hourly Rate |
---|---|---|
Accounts Receivable Clerk | Bookkeeping, accounting, and auditing clerks produce financial records for organizations. They record financial transactions, update statements, and check financial records for accuracy. | $13-21 |
Charge Bookkeeper | A full charge bookkeeper's primary job is to manage and handle all the accounts of a small or medium-sized business. They are responsible for overseeing the accounting duties for a company, including billing customers, preparing bank statements and tax returns, and processing timesheets... Show More | $17-27 |
Bookkeeper | Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work... Show More | $14-25 |
Rank | State | Avg. Salary | Hourly Rate |
---|---|---|---|
1 | Massachusetts | $43,587 | $21 |
2 | Washington | $41,168 | $20 |
3 | New York | $40,369 | $19 |
4 | Minnesota | $40,032 | $19 |
5 | California | $39,876 | $19 |
6 | Maryland | $38,241 | $18 |
7 | Colorado | $37,973 | $18 |
8 | Oregon | $37,553 | $18 |
9 | Illinois | $36,508 | $18 |
10 | Georgia | $35,410 | $17 |
11 | Missouri | $35,330 | $17 |
12 | Arizona | $35,246 | $17 |
13 | Ohio | $35,224 | $17 |
14 | North Carolina | $34,870 | $17 |
15 | Texas | $34,859 | $17 |
16 | Virginia | $34,656 | $17 |
17 | Utah | $34,499 | $17 |
18 | Nevada | $34,362 | $17 |
19 | Pennsylvania | $33,560 | $16 |
20 | Hawaii | $33,414 | $16 |
Rank | Company | Average Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
1 | IBM | $51,912 | $24.96 | |
2 | Kent Adhesive Products | $44,131 | $21.22 | 3 |
3 | Dairy Farmers of America | $44,086 | $21.20 | 11 |
4 | Kemp Technologies | $43,251 | $20.79 | |
5 | Amphenol | $41,870 | $20.13 | |
6 | OEConnection | $41,058 | $19.74 | |
7 | Sherpa | $41,038 | $19.73 | 4 |
8 | Continental Carbonic Products | $40,792 | $19.61 | |
9 | Waste Connections | $40,678 | $19.56 | 24 |
10 | JBS USA | $40,453 | $19.45 | 23 |
11 | Phillips & Temro Industries | $40,290 | $19.37 | |
12 | Catholic Health East | $40,286 | $19.37 | 5 |
13 | NRG Energy | $39,981 | $19.22 | 3 |
14 | Keytronicems | $39,943 | $19.20 | |
15 | Monster Products | $39,804 | $19.14 | 6 |
16 | Morgan's Restaurants of Pennsylvania Inc | $39,781 | $19.13 | |
17 | American Senior Benefits | $39,707 | $19.09 | 10 |
18 | Oldcastle Infrastructure | $39,637 | $19.06 | 53 |
19 | Regency Nursing and Rehabilitation Centers | $39,634 | $19.05 | |
20 | kubota | $39,627 | $19.05 | 3 |
A job description for an accounts receivable clerk role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an accounts receivable clerk job description:
There are various strategies that you can use to find the right accounts receivable clerk for your business:
Recruiting accounts receivable clerks requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the accounts receivable clerk position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
After that, you can create an onboarding schedule for a new accounts receivable clerk. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Recruiting accounts receivable clerks involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
Accounts receivable clerks earn a median yearly salary is $36,425 a year in the US. However, if you're looking to find accounts receivable clerks for hire on a contract or per-project basis, hourly rates typically range between $13 and $21.