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What is an accounts receivable specialist and how to become one

Updated January 8, 2025
5 min read
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An accounts receivable specialist manages and tracks the payments owed to a company by its clients or customers. They maintain accurate records of all transactions, communicate with customers regarding outstanding balances, and ensure timely payment of invoices. Accounts receivable specialists may also be involved in resolving payment disputes and negotiating payment plans. They must have strong attention to detail, excellent communication skills, and be proficient in accounting software.

ScoreAccounts Receivable SpecialistUS Average
Salary
3.1

Avg. Salary $39,873

Avg. Salary $59,228

Stability level
7.9

Growth rate -8%

Growth rate 0.3%

Diversity
6.0
Race

American Indian and Alaska Native 0.49%

Asian 3.87%

Black or African American 12.89%

Hispanic or Latino 18.98%

Unknown 4.18%

White 59.59%

Gender

female 81.76%

male 18.24%

Age - 46
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46
Stress level
7.9

Stress level is high

7.1 - high

Complexity level
4.9

Complexity level is intermediate

7 - challenging

Work life balance
7.6

Work life balance is good

6.4 - fair

What are the pros and cons of being an accounts receivable specialist?

Pros

  • Develops skills in finance and accounting

  • Chance to work with a diverse group of clients

  • Opportunity to collaborate with other departments

  • Provides job security due to the importance of managing finances

  • Exposure to different software systems and programs

Cons

  • Often requires working with difficult or unresponsive clients

  • Can lead to long hours during peak periods, such as month-end close

  • May require working outside regular business hours, including weekends or holidays

  • May require constant communication with clients, which can be time-consuming

  • Workload can be cyclical, leading to periods of high stress followed by lulls in activity

Accounts receivable specialist career paths

Key steps to become an accounts receivable specialist

  1. Explore accounts receivable specialist education requirements

    Most common accounts receivable specialist degrees

    Bachelor's

    44.9 %

    Associate

    27.8 %

    High School Diploma

    12.9 %
  2. Start to develop specific accounts receivable specialist skills

    SkillsPercentages
    Customer Service15.49%
    Patients8.90%
    Data Entry5.39%
    Credit Card Payments4.32%
    Reconciliations3.98%
  3. Complete relevant accounts receivable specialist training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New accounts receivable specialists 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 accounts receivable specialist based on U.S. Bureau of Labor Statistics data and data from real accounts receivable specialist resumes.
  4. Research accounts receivable specialist duties and responsibilities

    • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
    • Perform accounts reconciliations, complex invoice research, statement reconciliations, complex invoice research, statement reconciliation and journal entries.
    • Follow company's standard operating procedures in cooperation with Medicare, Medicaid and private insurance providers to resolve billing issues.
    • Cash and credit allocation of customer payments in ROSS ERP system.
  5. Prepare your accounts receivable specialist resume

    When your background is strong enough, you can start writing your accounts receivable specialist 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 accounts receivable specialist resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable accounts receivable specialist resume templates

    Build a professional accounts receivable specialist 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 accounts receivable specialist resume.
    Accounts Receivable Specialist Resume
    Accounts Receivable Specialist Resume
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    Accounts Receivable Specialist Resume
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    Accounts Receivable Specialist Resume
    Accounts Receivable Specialist Resume
    Accounts Receivable Specialist Resume
    Accounts Receivable Specialist Resume
    Accounts Receivable Specialist Resume
  6. Apply for accounts receivable specialist jobs

    Now it's time to start searching for an accounts receivable specialist job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first accounts receivable specialist job

Marianella Benutto

Accounts Receivable Specialist

My whole career has been in accounting and it started as a collector in Accounts Receivable. I got really good at it and did it for 3 years. Then I moved, and my same company had a position in the Air Export Department that needed someone with finance experience. They basically created my job position and I handled all Air Export accounting. Therefore, learning the product which I had to become an Air Export Operations agent as well as an Air Export Customer Service Agent, to learn everything that had to do with the product. Once I knew how to move around in that product, I became an Air Export Analyst. Then I handled accounting for the biggest and fastest product in our branch. That meant I handled everything from A/R, A/P, trained my agents to not make accounting errors. Was called in to interviews to ask basic accounting questions for new hires. Worked with payment centers to get our money in. Worked with vendors for lower rates. Working with airlines, work with all the departments of our branch in making them understand our product as well how Air Export was involved with all the different departments. I became very knowledgeable, therefore a trainer, and I worked globally with our branches to resolve accounting issues to make sure we got our money in at my branch, as well all other branches with accounting issues which were connected with my branch. I learned to work with a lot of different people and learned a lot working globally with different countries.

Average accounts receivable specialist salary

The average accounts receivable specialist salary in the United States is $39,873 per year or $19 per hour. Accounts receivable specialist salaries range between $31,000 and $50,000 per year.

Average accounts receivable specialist salary
$39,873 Yearly
$19.17 hourly

What am I worth?

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How do accounts receivable specialists rate their job?

4.5/5

Based on 2 ratings

5 stars

4 stars

3 stars

2 stars

1 star

Accounts receivable specialist reviews

profile
A zippia user wrote a review on Jun 2022
Pros

Helping companies grow their business.

Cons

Working with companies that do not follow the GAAP guidelines.


profile
5.0
A zippia user wrote a review on Sep 2019
Pros

Investigating claims of denials and getting claims pain in a timely manner

Cons

Nothing


profile
A zippia user wrote a review on Aug 2019
Pros

Being able to work with a variety of people of different aptitudes with different focuses. Learning the ins and outs of the financial world, as well as networking for the future. Able to stay on top of technological advances and stay competitive for future advancement.

Cons

Inefficient flow of information from top to bottom.


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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