Accounts Receivable Specialist in Minneapolis, MN

Accounts Receivable Specialist Job Description

Firms look for accounts receivable specialists with strong communication and customer service skills, a keen eye for detail, and the ability to work independently or as part of a team. All candidates should be proficient with Microsoft Office applications, particularly Excel, and previous experience working with accounting software like QuickBooks and Oracle is preferred. Other requirements include a bachelor’s degree and two to three years of experience in a similar role.

Typical accounts receivable specialist duties:

Generating timely and accurate customer invoices on a monthly basisMaintaining accounts receivable records to ensure aging is up to dateVerifying invoices for appropriate documentation prior to paymentMonitoring incoming payments and ensuring they are applied correctlyReconciling accounts receivable ledger with the general ledgerResolving discrepancies between customer payments and invoicesHandling customer inquiries regarding bills or paymentsAssisting with month-end closing activities such as preparing journal entriesDeveloping reports related to accounts receivable activityWorking with other departments to resolve billing issues or disputesEnsuring compliance with all applicable laws and regulations related to accounts receivable activities

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Salary for Accounts Receivable Specialist in Minneapolis, MN
56179 - 65410
25th percentile
56179
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
61718
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
65410
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 Accounts Receivable Manager 74905 85719 104973 Accounts Receivable Analyst 61981 68575 77015 Accounts Receivable Clerk 45629 53278 59608 Accounts Payable Manager 72531 82554 102071 Accounts Payable Analyst 59608 65410 71740 Accounts Payable Specialist 53014 57761 64883 Accounts Payable Clerk 44838 50904 56706 Billing Manager/Supervisor 61981 75433 94423 Billing Specialist 45629 53014 61454 Billing Clerk 43783 49321 54596 Purchasing Manager 69103 83609 98643 Purchasing Assistant 44046 49849 58025 Inventory Analyst 49585 61981 74378 Inventory Clerk 40881 46420 56970
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