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What is a senior accounts receivable specialist and how to become one
Accounts receivable are the lifeblood of the cash flow of a firm. In simple words, it is what clients owe to a firm. They are an important asset of the company because they manage the cash coming into the firm.
Senior Accounts Receivable Specialists track payments and make various banking deposits. They follow account payable and accounts receivable policies, control processes, procedures, and guidelines. These specialists work to ensure activities related to receivables and payables are error-free. They are also responsible for establishing long contact with partners and clients.
Experienced specialists receive $22.26 an hour as a reward for their services. Their skillset includes awesome speaking skills, good negotiation skills, and great listening skills. Specialists are mostly seen holding a bachelor's degree. But it is possible to get hired with only a GED or high school degree.
Avg. Salary $54,494
Avg. Salary $59,228
Growth rate -8%
Growth rate 0.3%
American Indian and Alaska Native 0.49%
Asian 3.79%
Black or African American 14.10%
Hispanic or Latino 18.97%
Unknown 4.14%
White 58.51%
Genderfemale 81.68%
male 18.32%
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
Senior accounts receivable specialist career paths
Key steps to become a senior accounts receivable specialist
Explore senior accounts receivable specialist education requirements
Start to develop specific senior accounts receivable specialist skills
Skills Percentages Account Reconciliations 5.77% Customer Accounts 5.55% Reconciliations 5.42% Customer Service 4.29% Patient Accounts 4.07% Complete relevant senior accounts receivable specialist training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New senior 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 a senior accounts receivable specialist based on U.S. Bureau of Labor Statistics data and data from real senior accounts receivable specialist resumes.Research senior 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.
- Enter credit/debit memo, set up and process franchisees ACH.
- Create and set up new financial institute bank accounts for ACH services.
- Review submission of all charges and payments to include proper medical data and the appropriate CPT and ICD-9 codes.
Get senior accounts receivable specialist experience
Generally, it takes 6-12 months to become a senior accounts receivable specialist. The most common roles before becoming a senior accounts receivable specialist include accounts receivable specialist, accounts payable clerk team lead and customer service representative.Prepare your senior accounts receivable specialist resume
When your background is strong enough, you can start writing your senior 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 a senior 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 senior accounts receivable specialist resume templates
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Apply for senior accounts receivable specialist jobs
Now it's time to start searching for a senior accounts receivable specialist 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
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Average senior accounts receivable specialist salary
The average senior accounts receivable specialist salary in the United States is $54,494 per year or $26 per hour. Senior accounts receivable specialist salaries range between $38,000 and $78,000 per year.
What am I worth?
How do senior accounts receivable specialists rate their job?
Senior accounts receivable specialist reviews
learn about more about the company projects and what are the costs on these projects.
Investigating claims of denials and getting claims pain in a timely manner
Nothing
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.
Inefficient flow of information from top to bottom.
Updated January 8, 2025
