Accounts Receivable Associate

An accounts receivable role focuses on issuing invoices, collecting customer payments, reconciling accounts, resolving billing issues, and maintaining accurate financial records, typically using accounting software such as QuickBooks or SAP.

Overview

Accounts receivable (AR) professionals ensure that money owed to a company is billed correctly, collected on time, and recorded accurately. They support cash flow, customer communication, and financial reporting. performancereviewssoftware.com

Key Duties & Responsibilities

Core AR Functions

• Generate and send customer invoices.
• Process incoming payments and apply them to correct accounts.
• Track aging balances and follow up on overdue accounts.
• Reconcile accounts receivable ledgers to ensure all payments are posted.
• Investigate and resolve billing discrepancies.
• Communicate with clients to arrange payments or resolve disputes.
• Prepare bank deposits and financial reports.
• Maintain accurate bookkeeping databases and spreadsheets.

Collections & Customer Relations

• Send reminders and contact clients regarding outstanding invoices.
• Implement collection strategies to reduce overdue receivables.
• Resolve escalated customer disputes professionally.

Credit & Risk Management (Manager-Level)

• Assess customer creditworthiness and set credit limits.
• Monitor credit risks and minimize bad debt exposure.