Accounts Receivable Specialist Jobs in the United States

Accounts Receivable Specialist Jobs Overview

Searching for accounts receivable specialist jobs? Look no further! Are you one of these professionals, part of accounting and financial teams, are responsible for maintaining the fiscal health of a business?

Your main duties include managing the inflow of funds by ensuring accurate and timely processing of receivables by:

• preparing invoices
• reconciling accounts
• communicating with clients
• resolving payment discrepancies

Standard office hours make this role perfect for you if you enjoy a predictable work schedule.

Your workplace may vary, ranging from corporate offices to the financial departments of healthcare institutions, educational organizations, or government agencies. If you’re ready to bring your financial expertise to the table, accounts receivable specialist jobs are a great choice.

Salaries for Accounts Receivable Specialist Jobs

The salary for an accounts receivable specialist ranges between $43,680 and $46,310 per year. However, various factors determine exactly how much you’ll make, including your experience, industry, and location.

For example, accounts receivable specialist jobs pay the highest in the following industries:

• postal service (federal government): $76,120 per year
• monetary authorities-central bank: $67,960 per year
• motor vehicle manufacturing: $67,150 per year
• metal ore mining: $64,660 per year
• agents and managers for artists, athletes, entertainers, and other public figures: $63,100 per year

When it comes to location, you’ll earn the highest yearly wage in:

• District of Columbia: $63,060
• Massachusetts: $55,520
• California: $54,260
• Alaska: $52,770
• New York: $52,640

Explore Monster’s Salary Tool to find out how much you’ll bring home in your area. You’ll also see the salaries for similar jobs and what skills to build to progress in your career.

How to Find the Best Accounts Receivable Specialist Jobs

To pursue the best accounts receivable specialist jobs for your needs and aspirations, you must have a deliberate and thoughtful approach.

Understand What Works Best for You

Begin by introspectively evaluating your professional aspirations. Think about what industry resonates most with your ambitions, whether it be the dynamic tech sector, the stability of healthcare, or the reliability of government agencies.

Consider your ideal work environment. Is it a corporate and hierarchic one? Do you prefer governmental institutions or a more casual start-up?

Weed out Unsuitable Job Openings

Make your job search faster and more productive by learning how to filter openings. Analyze job descriptions and prioritize those that clearly outline what the job’s day-to-day responsibilities look like, avoiding vague or unclear listings. Then, look beyond skills compatibility and look for opportunities offering support for professional growth.

Research Companies

Before applying for any role, always thoroughly research potential employers. This vetting process is important to understand if you can thrive in an organization. Start by learning about the company’s mission and values to seek alignment with your own.

Then, read client and employee reviews if available. The way a company treats its clients and staff can tell you a lot about what it would be like to work there.

How to Apply to Accounts Receivable Specialist Jobs

Once you find interesting accounts receivable roles to apply for, it’s time to work on your resume and cover letter.

Update Your Resume for Accounts Receivable Specialist Jobs

To write a great accounts receivable resume it’s important to present your expertise and accomplishments in the right way. Aim for a simple, yet clear resume and customize the content for each role you’re applying for.

Read the job opening and take the most important keywords to include in your resume. Some common ones for this profession are:

• invoice processing
• billing
• credit management
• financial reporting
• proficiency in Microsoft Excel
• communication skills
• problem-solving
• attention to detail
• software like Quickbooks, SAP, NetSuite

Then, quantify your past achievements to prove what you’re capable of. You might include KPIs relevant to accounting or finance, such as:

• cash flow improvements
• credit limits adherence
• aging reports analysis
• percentage of disputed invoices resolved
• percentage reduction in past-due receivables

Want more help? Let Monster’s Resume Writing Services handle this task for you. One of our expert writers familiar with your field will craft a resume that effectively showcases your skills and experience. So, you’ll get more interviews.

Cover Letter Tips

Customization is the secret to crafting an impactful cover letter for an accounts receivable specialist job. Your purpose is to highlight how you possess exactly the skills needed for the specific role. Then, follow these steps:

• Greet the hiring manager by name, whenever possible, to establish a relationship.
• Start with a compelling opening that grabs attention and expresses enthusiasm.
• Clearly state your interest in the particular accounts receivable clerk role at the specific company.
• Briefly outline your relevant experience and skills.
• Use specific examples to showcase proficiency in relevant tasks such as invoicing, reconciling accounts, and resolving discrepancies. Emphasize your attention to detail, numerical accuracy, and any relevant software you’ve mastered.
• Mention how one or more of the company values resonate with you to show that you have the same mission.
• Conclude by reinforcing your enthusiasm and inviting further discussion.

Check out this example bookkeeper cover letter, a similar role to the accounts receivable clerk, for inspiration.

Once your resume and cover letter are ready, upload them to your free Monster account. As a member, you can apply to any role in just a couple of clicks. Plus, say goodbye to hours of scrolling job listings. We’ll send you customized job alerts, so you’ll find your perfect match in no time.

How to Follow Up with an Employer

Patience is key when it comes to job hunting, but that doesn’t mean you can’t try to speed up the process a bit. Approximately one to two weeks after applying, follow up with the employer.

A follow-up email is the most appropriate medium for this stage of the recruitment process. Craft a short, polite message to the hiring manager in which you express your continued interest in the position.

• Start by thanking them for considering your application.
• Reiterate your enthusiasm for the role.
• Briefly highlight your key skills or accomplishments to keep your profile fresh in their minds.
• Inquire about the status of the hiring process.

Remember, a well-timed and well-worded follow-up shows both your eagerness and professionalism.

Interviewing Tips for Accounts Receivable Specialist Jobs

Ace your accounts receivable specialist interview by preparing thoroughly. Before heading to the interview, learn as much as possible about the company’s objectives, values, and attributes. This will help you understand their needs and craft better answers.

Then, think about the interview questions you might face. Expect at least one of these evergreen questions, including:

• Tell me about yourself.
• What are your strengths and weaknesses?
• Where do you see yourself in five years?

Then, prepare for industry-specific questions, such as:

• How do you tactfully address overdue payments?
• Describe a situation where you resolved a billing discrepancy.
• How do you manage multiple invoices efficiently?

Pay particular attention to behavioral questions and learn how to tackle them with the STAR method.

What to Do When You Get an Offer

Upon receiving a job offer for an accounts receivable specialist position, express gratitude professionally. You could say something like: “Thank you for extending the offer for the accounts receivable specialist role at Company ABC. I truly appreciate the opportunity and I am excited about the prospect of joining your team.”

Then, politely request some time to evaluate the offer, ensuring you make an informed decision. You can be straightforward and simply say: “May I have a few days to thoroughly review the details?”.

When evaluating the offer, focus on more than just the salary. Benefits, bonuses, growth opportunities and work culture are also important factors. Consider the overall fit with your career goals.

Finally, negotiation is always acceptable and often even expected. Clearly articulate why you deserve renewed terms based on your skills and the market standards.

Accounts Receivable Specialist Career Paths

Accounts receivable specialist jobs can offer plenty of growth opportunities. Here are some popular career advancement options:

• Credit manager. Transition into the position of credit manager to oversee credit policies, assess risks, and make decisions on credit limits and terms. You’ll achieve success with attention to detail, analytical abilities, and a deep understanding of credit principles.
• Revenue manager. Specialize in revenue optimization. As a revenue manager, you'll analyze financial data, identify trends, and develop strategies to enhance the organization’s income. This role calls for advanced analytical skills and a talent for strategic planning.
• Controllermanager: Embrace the role of controller to oversee the financial management of an organization. You’ll ensure compliance with regulations and provide strategic financial planning. Get ready to show advanced financial knowledge, leadership, and decision-making skills.

Similar Occupations

Interested in similar opportunities? Have a look at these popular choices:

• accounts payable jobs
• billing clerk jobs
• credit analyst jobs
• financial analyst jobs