Manage an organisation’s incoming transactions, and forge strong relationships with customers
What is the accounts receivable team?
Accounts receivable is the recording and processing of financial transactions relating to sales and customers. The opportunities span a number of valuable roles such as:
- Billing analyst: Liaise with the organisation’s sales teams to carry out timely invoicing of customers.
- Cash applications analyst: Ensure the prompt and accurate allocation of invoice payments to the relevant departments and functions.
- Collections and disputes analyst: Collect overdue payments and resolve payment issues highlighted by customers.
- Credit control analyst: Perform day to day credit management activities and ensure credit information and analyses are up to date.
- Accounts receivable manager: Coordinate the team to ensure customer payments are handled efficiently.
All accounts receivable roles contribute to strong customer relationships, but also ensure that money is coming into the business in a timely manner.
Equally, you may be interested in the accounts payable team, which manages the process of paying suppliers.
How do I achieve it?
The entry point is usually at analyst level, with excellent opportunities to move between the various roles to gain greater experience. Those with a flair for leadership can also progress upwards to supervisory and management positions.
The knowledge and skills required for this career are available through our Foundations level qualifications. Those interested in management will also benefit from progressing to the ACCA Qualification.