Accounts Payable / Receivable Job Description
Accounts Payable / Receivable Duties & Responsibilities
To write an effective accounts payable / receivable job description, begin by listing detailed duties, responsibilities and expectations. We have included accounts payable / receivable job description templates that you can modify and use.
Sample responsibilities for this position include:
Accounts Payable / Receivable Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Accounts Payable / Receivable
List any licenses or certifications required by the position: APM, PMP
Education for Accounts Payable / Receivable
Typically a job would require a certain level of education.
Employers hiring for the accounts payable / receivable job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Accounting, Finance, Associates, Business, Education, Business/Administration, General Education, Economics, Accountancy, Bookkeeping
Skills for Accounts Payable / Receivable
Desired skills for accounts payable / receivable include:
Desired experience for accounts payable / receivable includes:
Accounts Payable / Receivable Examples
Accounts Payable / Receivable Job Description
- IDENTIFIES STAFF TRAINING AND DEVELOPMENT NEEDS AND PROVIDES/RECOMMENDS APPROPRIATE GUIDANCE AND TRAINING
- WORKS CLOSELY WITH IT DEPARTMENT TO RESOLVE ALL TECHNICAL “SYSTEM” RELATED DIFFICULTIES
- HOLDS MONTHLY STAFF MEETINGS TO DISCUSS THE STATUS OF ACTIVITIES IN EACH DEPARTMENT, PROVIDES COACHING AND 1 ON 1 GUIDANCE
- COMMUNICATES REGULARLY WITH FIELD MANAGEMENT ON ALL ISSUES THAT IMPACT A/P & A/R
- Open, sort, and file daily incoming bills in preparation for payment according to due date
- Process bill payments according to negotiated terms and conditions
- Data entry of all vendor invoices into proprietary financial system
- COGS (Cost of Goods Sold) containment/dispute resolution with each account and carrier in question
- Prepare monthly consolidated invoicing for each client
- Complete individual projects as assigned for COGS containment and/or optimizing solutions
- Must have large ERP AP system experience, 1099 filing experience
- Negotiate, order, and track MSP hardware and software purchases for clients and for internal use
- Provides special project planning and implementation support
- Monitors the vendor statement production process
- Identifies problem causes and solutions in the billing and operations programs
- Experience with Microsoft Great Plains a must
Accounts Payable / Receivable Job Description
- Target outstanding accounts for overdue payments collecting on 30, 60, and 90 plus day old accounts
- Build and maintain relations with clients to ensure timely payment of invoices
- Enter invoice level collection notes into Oracle advanced collections module
- Maintain divisional accounts receivable agings and distributes to Regional Managers weekly
- Analyze / reconcile customer accounts regarding the justification and generation of Credit and Debit memos
- Maintain company general ledger
- Review and analyze the accounts by making collection inquiries and efforts via phone, email and fax and thoroughly document all contacts on each account
- Communicate to the respective departments the root cause for collection issues that are related to billing discrepancies, product performance issues, sales issue
- Provide resolution to collection issues to Management
- Quickly identify accounts at risk proactively before delinquency become inevitable
- Ability to work well independently with strong organization skills
- Extensive knowledge of Salesforce
- Minimum of two years of experience in Accounts Receivable is required
- Minimum of two years of experience in Accounts Payable is required
- Previous experience with bank reconciliations is required
- A working knowledge of bookkeeping fundamentals is required
Accounts Payable / Receivable Job Description
- Salary booking, ESI & PF Employer contributions
- Employees final settlement
- Ensure the appropriate TDS is deducted, as applicable
- Receiving and processing daily check deposits
- Applying client payments on a daily basis to internal tracking systems
- Distribute daily cash receipts report to Partners
- Resolve issues with client payments while maintaining clear lines of communication between client and Partner
- Develop document management protocol for deposits and credit card information
- Receive and organize Accounts Payable for coding
- Check invoices to ensure accuracy
- Adhere to policies and procedures for compliance and effectiveness
- Ability to work effectively independently in a team oriented environment
- Actively highlight processes for improvement opportunities and communicate via International ISSC SME group, BPI program, CI Committee
- Good communication and presentation skills and should be able to communicate and present to other stakeholders like Plant finance, other shared services process, collectors, business
- Knowledge of basic office procedures and operation of standard office equipment and machines
- Proficient computer skills, particularly in Microsoft Office applications
Accounts Payable / Receivable Job Description
- Entering the invoices into payable system
- Preparing the monthly payment schedule
- Maintaining the bill back file
- Applying cash receipts to open invoices
- Reconciling monthly Bank Cash Collection transactions
- Reviewing monthly open AR report for past due invoice
- Prepares work to be accomplished by gathering and sorting documents and related information
- Identifies and determines work procedures and expediting workflow
- Investigate and confirm address changes and other Customer information as needed
- File hard copy invoices by vendor
- Marketing Assistant
- Recent Internship
- Medical Receptionist
- Medical Administrative Assistant
- Medical Biller/Coder
- Patient Scheduler
Accounts Payable / Receivable Job Description
- Assists month end closing when needed
- Proper record retention pursuant to Corp Record Retention Policy
- Follow procedures as prescribed by supervisor
- AP and AR G/L account reconciliations and analysis
- Data entry, posting payments and posting transactions to G/L
- Correcting invoices and G/L entries when necessary
- Reviews and evaluates computer hardware and software to determine its usefulness and appropriateness as related to existing or proposed administrative systems
- Post adjusting entries and miscellaneous cash receipts/credits
- Research and resolve misapplied payments and reconcile credit balance accounts
- Handle incoming customer contact regarding payment inquiries
- 5 + years of experience in accounts receivable, credit and collections
- Ability to maintain composure when customers are unhappy and are expressing their frustrations
- Successful in establishing positive working relationships with team members and others within the organization
- Associates degree in business, accounting or finance ***directly related working knowledge can be substituted for education
- Peachtree/Sage 50 experience desired
- Handle assigned monthly duties