What are the duties of an accounts receivable specialist?

Question

Zippia Team · Accepted Answer

The duties of an account receivable specialist include primarily ensuring that your customers meet their payment deadlines after the sales team closes the deal and the goods or services have been delivered. To accomplish this requires a series of responsibilities common to the role of an account specialist.

Common duties of an accounts receivable specialist include:

Preparation and sending of invoices
Contacting clients for payment resolution
Negotiating payment arrangements
Recording and reconciling payments
Resolving payment discrepancies
Maintaining billing accounts and records
Producing reports as required by management
Assisting with collections
Extending credit to clients
Reviewing and updating the current credit policy
Managing or supervising the entire department or subsections of the A/R department
Accounts Receivable Collections