Receivable Accountant Job Description
Receivable Accountant Duties & Responsibilities
To write an effective receivable accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included receivable accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Receivable Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Receivable Accountant
List any licenses or certifications required by the position: SAP, CPA
Education for Receivable Accountant
Typically a job would require a certain level of education.
Employers hiring for the receivable accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Accounting, Finance, Education, Business/Administration, Economics, Business, Accountancy, Management, Business Studies, Associates
Skills for Receivable Accountant
Desired skills for receivable accountant include:
Desired experience for receivable accountant includes:
Receivable Accountant Examples
Receivable Accountant Job Description
- Perform AR statement reconciliations
- Facilitate in and perform process improvement initiatives
- Carry out reporting activities and analysis according to specific deadlines
- Ad-hoc tasks as directed by the Finance Manager
- Maintain Agent MLS Dues A/R spreadsheet by pulling list of active agents, tracking monthly billings, prepaid balances, past due balances
- Manage the global accounting processes related to the revenue / receivables cycle and recording the related transactions
- Assist in the preparation of timely and accurate month-end consolidated financial statements, which includes the related intercompany transactions
- Reconcile balance sheet accounts, with a focus on understanding and clearing out outstanding items timely and properly
- Perform accounting research and financial statement analysis to provide management with financial data and recommendations to support business decisions
- Ensure compliance with various regulatory reporting requirements
- 1-2-year working experience in MNC environment is preferred
- Self-motivated, proactive, independent, responsible, detail-oriented, able to handle multi-tasks and meet tight deadlines
- Strong communication and interpersonal skills to interact with people at different level
- Good team player, able to work in matrix organization
- Degree in Accountancy or equivalent professional qualifications
- At least 3 years of experience mainly in Accounts Receivable function in the finance department
Receivable Accountant Job Description
- Reconciliation of accounts receivable accounts
- Regularly sending demand notes for overdue items
- Release of blocked orders for shipping and billing
- Maintain Credit-limits, obtain credit details
- Maintenance of Master data for accounts receivable via Dashboard and SAP
- Monthly Calculation of numbers for bad debt
- Quarterly Review of the deferred revenue report
- Monthly reports such as accounts receivable report
- Communication with Customer Service and Sales employees
- Be part of establishing a high-performing AR department in the BSO
- Independent and possess the ability to work under pressure within tight deadlines
- Experience working in a global company highly desired
- Work experience in a multinational &/or shared services type of environment preferred
- Be the point of contact for Brands regarding invoice queries
- In-depth knowledge of accounts receivable
- Knowledge of Nespresso products, processes and procedures
Receivable Accountant Job Description
- Manage and upload charge back transactions into legacy/SAP
- Be responsible for accurate and timely processing of all cash-related transactions received through different means
- Be challenged by the very high internal control standards and the associated key role of the Treasury Department
- Be exposed to an international environment with a high diversity of documents, processes and contacts
- Process various types of collections from customers
- Maintain accurate account receivables related bookings in company's records in line with company's policies and procedures
- Cooperate with other team members, company departments and affiliates
- Obtain appropriate supporting documentation and approvals for processing of payment or invoicing as required
- Post daily sales and cost of sales
- Post goods delivery entries
- Software and system savvy
- Two year college degree or above, or the equivalent combination of education and experience
- Experience with SAP and internal information managements systems preferred
- Strong accounting concept and attention to detail
- Must have strong computer skills, including MS Word and Outlook
- Customer master data maintenance / different account set ups
Receivable Accountant Job Description
- Reconcile various accounts receivable accounts, researching and resolving variances
- Log all checks accurately and run through the Remote Deposit capture timely
- Run credit card recurring billing through appropriate system or as needed
- Communicate with internal partners about those credit cards that decline for international vendors
- Research cash application errors
- Research and correct any account disputes or billing discrepancies
- Work closely with the VPP sales and receivable team as needed
- Support other accounts receivable functions, as needed
- Monitor cash collection
- Coordinate daily accounts receivable process working closely with global counterparts
- Intermediate MS Access skills preferred
- Knowledge of accounting mainframe systems and or software
- Minimum 3 – 5 years related experience, preferably in Finance or Accounting, required
- 2+ years' experience with strong A/R and Billing focus
- Ability to manage and prioritize a variety of tasks at once to meet deadlines
- Ability to spot issue quickly and make an initial attempt to resolve issue
Receivable Accountant Job Description
- Accounts Receivable processing
- Researching and resolving accounts payable issues with customers or vendors
- Manages the program operations by ensuring the debt management policy and internal control systems are working as designed, instructions are followed, and assignments performed
- Initiates personnel actions to address standards of conduct issues in a timely manner
- Resolves operational problems within the accounts receivable section
- Manages staff reporting functions to assure that required reports are accurate, and submitted to appropriate officials by the due dates
- Performs other assigned duties in conjunctions with desired goals of the Accounts Receivable Section, Accounting Branch, and Division of Financial Management objectives
- Prepare, verify, transmit and report Wholesale & Commercial Partner accounts receivable transactions and post and apply payments on a timely basis
- Reconcile wholesale/commercial accounts as needed
- Categorize issues to properly identify root cause issues and remediation methodology
- Pharmacy knowledge or experience
- Knowledge of VCICS, VTSO, Lawson, and PDX Pharmacy Systems
- Support all other aspects of accounts receivable
- 3+ years in accounts receivable experience
- Ability to reconcile accounts, troubleshoot and research effectively
- Maintain records in a logical, user-friendly system