Our Accounts Receivable Coordinator job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Accounts Receivable Coordinator role
Accounts receivable coordinators are responsible for managing the collections and processing of payments from customers. They ensure that invoices are accurate and paid in a timely manner, while also providing customer support to address any issues or questions related to payment. Additionally, they may also assist in reconciling accounts, monitoring credit limits and providing reports.
Role Purpose
The purpose of an Accounts Receivable Coordinator is to manage the accounts receivable process within an organization. This includes preparing invoices and collecting payments on time, monitoring customer accounts for delinquent payments, resolving disputes with customers, and maintaining accurate customer records. The Accounts Receivable Coordinator will also work with the accounts payable team to ensure that the accounts are reconciled properly and that the company's cash flow is managed efficiently.
Accounts Receivable Coordinator Summary
The Accounts Receivable Coordinator is responsible for overseeing the accounts receivable process for the organization. This position is responsible for ensuring accurate and timely processing of accounts receivable transactions, including invoicing and collections. The Accounts Receivable Coordinator will also provide customer service and support to internal and external stakeholders regarding accounts receivable issues. Additionally, this position will analyze and report on accounts receivable data, and will recommend process improvements to ensure efficient and timely collection of payments. This role requires excellent attention to detail, strong organizational skills, and the ability to effectively communicate and collaborate with multiple stakeholders.
Accounts Receivable Coordinator Duties
- Maintain up-to-date accounts receivable records
- Post customer payments by recording cash, checks and credit card transactions
- Reconcile customer accounts
- Generate invoices, credit memos and account statements
- Investigate and resolve customer inquiries and disputes
- Handle collection calls and correspondence
- Maintain customer files
- Provide support to the accounting and finance departments
Accounts Receivable Coordinator Skills
- Analyzing financial data
- Preparing financial statements
- Processing invoices and payments
- Managing accounts receivable records
- Assisting with collections
- Resolving billing discrepancies
Accounts Receivable Coordinator Requirements
- Manage accounts receivable process
- Maintain accurate records of collections
- Perform reconciliations of customer accounts
- Create and send invoices
- Monitor customer accounts for non-payment and delayed payments
- Resolve customer queries and billing issues
- Provide customer service related to accounts receivable
Personal Traits
- Excellent customer service, communication, organizational and time management skills
- Ability to work in a fast-paced environment and manage multiple tasks
- Strong attention to detail and accuracy
- Proficient in Microsoft Office Suite