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Accounts Receivable Accountant

Overview, Education, Careers Types, Skills, Career Path, Resources

Accounts Receivable Accountants manage incoming payments, reconcile accounts, and ensure accurate financial records. Key for financial health.

Average Salary

₹3,50,000

Growth

medium

Satisfaction

medium

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Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

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    Accounts Receivable Management
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    Credit Analysis
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    Reconciliation
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    Collections
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    Reporting and Analysis
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    Accounting Software Proficiency
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    Dispute Resolution
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    Compliance and Regulatory Knowledge
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    Process Improvement
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    Customer Relationship Management (CRM)
Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

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    Attention to Detail
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    Communication Skills
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    Problem-Solving
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    Time Management
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    Negotiation Skills
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    Organizational Skills
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    Adaptability
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    Stress Management
Technical Skills

Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

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    Accounting Software Proficiency
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    Microsoft Excel Expertise
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    Knowledge of Accounting Principles
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    Invoicing and Billing Procedures
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    Customer Relationship Management (CRM)
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    Reconciliation Skills
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    Communication and Interpersonal Skills
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    Knowledge of GST and Taxation
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    Collection Techniques
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    Data Analysis and Reporting
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    Problem-Solving Skills
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    Attention to Detail
Duties and Responsiblities

Task

Work Activities

95%

Creating, sending, and tracking invoices to ensure timely payments from clients.

92%

Accurately recording and allocating incoming payments to the correct customer accounts.

90%

Reconciling accounts receivable ledger to ensure all payments are accounted for and discrepancies are resolved.

88%

Assessing creditworthiness of new and existing customers to minimize financial risk.

85%

Following up on overdue invoices and implementing collection strategies to recover outstanding debts.

82%

Investigating and resolving billing discrepancies and customer disputes in a timely manner.

80%

Preparing accounts receivable reports and analyzing data to identify trends and improve cash flow.

78%

Communicating with customers regarding their account status, payment inquiries, and outstanding balances.

75%

Identifying and implementing improvements to accounts receivable processes to enhance efficiency.

72%

Providing documentation and support during internal and external audits of accounts receivable.

70%

Identifying and writing off uncollectible accounts in accordance with company policy.

68%

Maintaining and updating accounts receivable software and systems to ensure accuracy and reliability.

Detailed Work Profile

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