Accounts Receivable/Accounts Payable Clerk

Accounts Receivable/Accounts Payable Clerk Job Description

Accounts Receivable Clerk

Accounts receivable clerks process incoming customer payments and maintain accurate records of outstanding invoices. They are also responsible for processing invoices, collecting payments, resolving customer inquiries, and ensuring the smooth flow of cash flow. Companies look for accounts receivable clerks who have excellent attention to detail, strong organizational skills, and a demonstrated commitment to customer service. The most sought-after candidates have an understanding of accounting principles and experience in using accounting software.

Typical accounts receivable clerk duties:

Entering customer invoices and payments into the appropriate accounting systems

Processing customer payments, refunds, and adjustments

Reconciling customer accounts and identifying discrepancies

Maintaining accurate customer files, including invoices and payment records

Researching and resolving customer inquiries

Following up with customers regarding overdue payments

Assisting with month-end closing activities

Accounts Payable Clerk

Accounts payable clerks should have excellent attention to detail and strong problem-solving skills. The ability to work independently and prioritize tasks are also key. Employers look for individuals with the communication skills to work well with other members of the accounting team and to communicate effectively with customers and vendors. Candidates should also have an understanding of accounting principles and experience using financial software.

Typical accounts payable clerk duties:

Verifying invoices for accuracy and completeness

Processing payments to vendors

Reconciling accounts payable statements

Researching and resolving invoice discrepancies and issues

Generating periodic reports related to accounts payable

Responding to inquiries from vendors and internal staff

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Salary for Accounts Receivable/Accounts Payable Clerk

46750 - 62500

25th percentile

46750

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

56000

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

62500

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Payroll Manager/Supervisor

86000

104250

115000

Payroll Administrator/Coordinator

58000

68250

76250

Accounts Receivable/Accounts Payable Manager

64750

86250

97000

Purchasing Manager – Accounting Operations

66250

77750

93000

Inventory Analyst

49250

62750

74000

Inventory Coordinator/Specialist

41250

46500

59500

Billing Clerk

43750

50000

58000

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