An accounts receivable manager oversees the accounts receivable department. The accounts receivable department receives payment on behalf of the company and ensures that payment deadlines are met. As the manager, it is your duty to ensure that all duties are carried out efficiently and accurately. You are also required to manage the invoice or billing process, manage payroll activities, make monthly deposits to the IRS, and create financial reports. You might also be required to supervise the accountants and bookkeepers who work in your department. Your job as the manager is also to lead your team and ensure that the policies and regulations of the company are upheld.
The average accounts receivable manager earns about $69000 annually with an hourly rate of $33.36. A minimum qualification of a BSc is required to work as an account receivable manager. Managing general ledger accounts, generating financial statements and proper handling of payrolls and customer accounts make the top list of skills for employers. Most candidates study business, accounting, or related fields.