How to Become an Accounts Receivable Officer

(2 courses)

What do I need to study to become an Accounts Receivable Officer?

This BSB40120 Certificate IV in Business (Financial Administration) qualification from Open Colleges will give you all the relevant skills and knowledge to excel in the field of business administration and financial management. View course information
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Looking to advance your business career or start your own bookkeeping or BAS agency? This FNS40222 Certificate IV in Accounting and Bookkeeping qualification from National Business Institute of Australia (NBIA) could be an ideal choice. View course information
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Definition of Accounts Receivable Officer

The Accounts Receivable Officer ensures that their company or organisation obtains accurate and timely payment for goods and services provided to customers. This involves generating and sending invoices, reminders and statements to clients, recording transactions and making bank deposits.



Following the organisation’s accounting procedures and policies, an Accounts Receivable Officer prepares financial documents such as cash flow reports, balance sheets, and profit and loss statements.

They are also responsible for communicating with clients regarding payment methods, following up and reporting late payments, and liaising with banks to verify electronic cash transfers and credit card payments.



In some cases the Accounts Receivable Officer also serves in the accounts payable role, receiving and reviewing invoices, processing and sending payments, and handling internal transactions such as reimbursements and petty cash.

Career Outlook for Accounts Receivable Officer

The average age of people working as is with of them being male. of are employed full-time and they typically work around hours per week.

 

Unemployment is and, with A Bachelor Degree or higher, the average Community Worker can earn around . In 2015 there were working and the future growth of the profession is predicted to be , with numbers around in 2020.