Accounts Receivable / Billing Job Description
Accounts Receivable / Billing Duties & Responsibilities
To write an effective accounts receivable / billing job description, begin by listing detailed duties, responsibilities and expectations. We have included accounts receivable / billing job description templates that you can modify and use.
Sample responsibilities for this position include:
Accounts Receivable / Billing Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Accounts Receivable / Billing
List any licenses or certifications required by the position: CCAT, CPC, CPA, R/3, SAP, CMA, CDFM, MBA
Education for Accounts Receivable / Billing
Typically a job would require a certain level of education.
Employers hiring for the accounts receivable / billing job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Associates, Accounting, Education, Finance, Business, Healthcare, General Education, Business/Administration, Medical, Performance
Skills for Accounts Receivable / Billing
Desired skills for accounts receivable / billing include:
Desired experience for accounts receivable / billing includes:
Accounts Receivable / Billing Examples
Accounts Receivable / Billing Job Description
- Assist with the set -up of accounts for "new" clients to achieve their billing needs
- Establish work procedures and processes for Billing Department that support company and departmental standards and strategic directives
- Represent the AR/Billing team in cross-functional projects, reporting, and process improvement initiatives
- Develop, implement and analyze scorecard to measure and ensure optimal billing solutions are used and leveraged by the organization, compliance to receivable policies and inventory metrics
- Lead and manage the US billing and collections team (staff of 2-3)
- Prepare monthly billing, collections and receivable reports for Director of Finance and other members of Executive Team
- Review and approve billing transactions, including invoicing, refunds, credits and write-offs
- Learn and master Netsuite billing system, reviewing and improving process and system setup
- Supporting the team with respect to invoicing Fund related contracts, including ETFs and Trackers, Russell Tick billing
- Maintaining an excellent relationship with external clients for the purpose of information gathering for billing, reporting and credit control
- Submit claims
- Input charge data
- Submit payment data
- Oversee daily deposits
- Run status of collections reports on account receivable bi-weekly to review with the CFO
- Assist in Accounts Receivable processes
Accounts Receivable / Billing Job Description
- Ensure compliance with Sarbanes-Oxley requirements and develop/refine AR processes and procedures with a focus on continuous improvements
- Assist with the monthly close of books
- Organize and file bills and associated documents
- Reconcile expense reports and manage expense report payments
- Process and post payments to customer accounts including cash, checks, wires, bank transfers and credit card transactions
- Send out notifications for credit card declines
- Generate ad-hoc manual invoices, credit memo’s and debit memo’s for customers
- Run credit checks on customers, approve credit applications and assign credit limits for the customers including preparing reports on credit ratings on customers
- Assist in the mailing of the invoices to customers and processing all administrative materials as required
- Maintain Accounts Receivable policies, procedures, and controls
- Ability to work independently and handle sensitive issues with confidentiality
- Assist finance/accounting team on monthly closing, audit, and other projects/tasks related to AR
- Work closely with sales department
- Ability to work with multiple entities and currencies
- Strong organizational, verbal and written communication skills, attention to detail and strong consistent performer, desire to learn
- Experience with ERP systems and Excel
Accounts Receivable / Billing Job Description
- Review, approve and post journal entries relating to Billings, AR Adjustments
- Research & accurately apply daily receipts to accounts
- Research, reconcile, audit, resolve and make adjustments on accounts
- Prepare an average of 2200 statements for mailing via U.S. P.S
- Call or email past due accounts for collection
- Keep updated log of past due accounts for reporting purposes
- Timely and accurate invoice preparation and/or invoice authorization
- Preparation of general ledger entries
- Difficult account reconciliations
- Preparation of standard and adhoc reports
- Ability to ascertain correctness & completeness of transactions to be processed
- Ability to provide exceptional support to the company's and department's vision and direction
- Goal oriented with ability to meet department standards
- Ability to coordinate, track and efficiently organize multiple tasks and projects
- Able to follow complex directions
- Understanding of commercial health insurance is preferred
Accounts Receivable / Billing Job Description
- Process documentation and process improvement
- Performs Sarbanes-Oxley audit controls
- Responsible for ensuring the accounting transactions required to adequately report and manage receivable and specific revenue accounts are completed in a timely and accurate manner
- Answer Profit & Loss and Balance Sheet questions for assigned accounts and ensure completion of period-end checklist
- Performs SOX control(s) and maintains proper documentation for audit review
- Serve as Accounts Receivable point of contact for assigned processes
- Maintain policy and procedures for assigned processes
- Monitor compliance of the Accounts Receivable approval policies for invoice, credit memo, and payback transactions
- Assist with providing requested information for internal and external auditors
- Provide support to department management by assisting with the resolution of various problems that may arise, such as customer/vendor disputes, account analysis and balancing, and process or system issues
- Strong knowledge of Reliable Visual
- Review of own processes to identify continuous improvement opportunities
- Point of contact for 3rd party vendor relations for outsourced functions
- Participates or leads special projects as assigned
- Bachelor’s degree in Accounting or related field or five (5) + years of high volume Accounts Receivable or Accounting experience in a fast paced dynamic environment
- Demonstrated understanding of accounting theories, methodologies, principles and practices, and the impact of departmental transactions to the financial statements
Accounts Receivable / Billing Job Description
- Functions as the primary contact by researching and troubleshooting any issues or questions related to billing and receivable of direct shipments
- Work with cross-functional teams to recommend and implement billing solutions using current technology to maximize the efficiency and accuracy of existing systems and processes
- Processing of all sales invoices using Excel and Great Plains financial system
- Ensure invoices are raised promptly and in accordance with contract terms & legislation
- Ensure contracts and all relevant paperwork is complete & received on a timely basis
- Working proactively with operations team to achieve agreed set deadlines and objectives
- Respond to invoicing queries in an effective and timely manner
- Ensure that month end procedures and deadlines are followed in line with SOX
- Ensure that sales transactions are accurate and recorded in conformity to generally accepted principles, industry
- Manage monthly invoicing and collection processes, ensuring timeliness and accuracy of deliverables
- Strong working knowledge of Microsoft Excel, Word and Power Point, experience with complex spreadsheets, including lookups, pivot tables
- Experience with account analysis, budgeting and forecasting
- Good understanding of credit and collections techniques, revenue recognition rules, and general accounting requirements
- Advanced degree or professional certification (CPA, CMA, MBA)
- Accurate and detail oriented with strong follow through skills
- Ability to recognize and recommend changes within own work and assists others