Money—inflow and outflow—is important in all businesses. Hence, hiring professionals who are qualified and trustworthy to take on the job is very important. This gives business owners the sigh of relief that all transactions are handled with accuracy and efficiency. If you want to be part of this workforce, why not consider an accounts receivable specialist position?
Accounts receivable handles the cash flow of the business. Thus, this position requires expertise in finances, keen eye for detail, and can work well with other financial support professionals, such as accounts payable specialist, bookkeeper, and accounting officer. If you have these traits, then we recommend that you dive into the possibility of gearing your career toward this field. Move forward with an interview-generating accounts receivable resume.
What is an Accounts Receivable Specialist?
As previously mentioned, if you’re looking for a job opportunity that involves being meticulous and number-oriented, an accounts receivable specialist post is a good match for you.
Accounts receivable specialists play an important position in ensuring that the business will not go bankrupt. This is because they are tasked to collect payments, handle inflow transactions, make deposits, and write financial reports.
If you’re interested in taking on this job, you need to have the necessary soft and hard skills to effectively do your job. These include organization, communication, project management, conflict management, and mathematical skills, along with expertise in handling finances.
What are the Duties of an Accounts Receivable Specialist?
Aside from the aforementioned, here are some common responsibilities of an accounts receivable specialist.
- Manage and track incoming payments
- Maintain and update bookkeeping databases and spreadsheets
- Writes report and keep balance sheets updated and error-free
- Organize invoices and bills
- Audit ledgers
- Monitor credit accounts
- Create and submit bill reminders and statements
- Respond and resolve conflicts between the company and third-party entity
- Work with accounts payable specialist to ensure company financial records are balanced
How Do You Become an Accounts Receivable Specialist?
Accounts receivable specialist is one of the challenging posts in the accounting department; yet it could be rewarding because of its pay. The income of an accounts receivable specialist ranges from $24,000 to $57,000 with a median salary of $40,416 a year. This makes job seekers want to land an accounts receivable specialist position. If you’re one of them, check out this quick rundown of qualifications you need to meet to make you stand out from other aspiring candidates.
- Bachelor’s degree
- Certifications in accounting, billing, finance, business, and/or bookkeeping
- Previous work experience isn’t a requirement, however preferred by most hiring managers
- Knowledge in accounting and bookkeeping software such as Intuit QuickBooks and Microsoft Excel
- Strong mathematical skills
- Good communicator and skilled in customer service
What to Include on Your Accounts Receivable Resume
Convinced that accounts receivable specialist is a good job opportunity? If your answer is yes, then get ready to give your job search tool a boost. Making sure that your accounts receivable resume showcases how capable you are to take on the job gives you a better chance of getting hired. Here are some details that you need to keep an eye on to spice up your resume.
Contact Information
Just like other resumes, an accounts receivable resume also starts with your first and last name, complete mailing address, phone number, and email address. You may also include your LinkedIn profile. Plus, placing your certification beside your name can increase the chances of getting the attention of hiring managers.
Specific Target Job
This section is also referred to as the career tag. Here, you specify your target job position. Doing so allows hiring managers and recruiters to know what job position you’re aiming for.
Qualifications Profile / Summary of Qualifications
A well-written resume summary helps you get noticed by recruiters. Take note that hiring managers spend an average of six seconds to review an applicant’s resume. Thus, it’s important that you highlight why you’re the best fit for the position.
Expert Tip:
When writing your summary, steer away from the resume objective-type statement. Instead, use compelling titles and headlines to catch the hiring manager’s attention.
Accounts Receivable Specialist Skills
Accounts receivable requires expertise in mathematical calculations, handling finances, and analytical thinking. That said; it’s crucial that you sort out and choose what skills you should put on your accounts receivable resume. Just like in any other jobs, being skilled is a requirement. That’s why aside from your career highlights, take advantage of your skills and strategically place them on your resume.
Work Experience
Don’t just list your past jobs; also make sure that you highlight relevant work experience and career achievements. You can start by listing your job in reverse chronological order. Don’t forget to include the company names and their locations, your job titles, and the employment dates. As for your job descriptions, notable contributions, and accomplishments, it’s highly recommended to describe them using bullet points.
In addition, it’s best if you could quantify your previous work responsibilities. Using accurate figures is a plus, especially if you’re aiming to be part of the accounting department as an accounts receivable specialist. This way, hiring managers can easily review your work history without missing important details.
Education
Just like the work experience section, use your credentials to shine in the eyes of recruiters. List your complete degree and course title, school name and its location, and the dates of your graduation. Additionally, include certifications related to the job along with the awards and honors you’ve received. These give you a head start in the job search game.
Training, Certifications, and Licenses
Not all candidates applying for an accounts receivable position have the credentials necessary for the job post. Hence, grab this opportunity to impress hiring managers that you have played an active role in different training programs, workshops, and seminars as well as obtained industry-related certifications and licenses.
Other Possible Information to Include on Your Accounts Receivable Resume
You can include another section for your hobbies, affiliations, activities, technical skills, language skills, and projects handled. Doing this, makes your accounts receivable resume more attractive.
How to Write Your Accounts Receivable Resume
Now that you have an idea on what to include on your accounts receivable resume, knowing how to write them on your job search tool should be your next step. Here are some tips to effectively write your accounts receivable resume.
1. Apply simple yet attractive design and layout.
Having too much designs and fancy font styles on your accounts receivable resume decreases your chances of getting it to the pile of accepted applications. A simple yet engaging design and layout as well as easy-to-read resume will suffice for you to get an interview invite.
2. Choose the best resume format.
When writing your accounts receivable resume, use the best resume format that will speak of your qualifications, skills, and relevant work experience. If you already have extensive experience in the field, use the chronological resume format. On the other hand, you may use other resume formats to showcase what you can contribute to their organization.
3. Highlight your accounts receivable skills.
An experienced accounts receivable specialist requires a lot of accounting skills and abilities. Since you’re applying for this position, you better highlight and quantify the skills relevant to the job. Be sure to balance your technical and management skills.
4. Include resume keywords.
With resume keywords, employers can easily identify and evaluate whether you’re the most qualified for the position or not. That said; it’s fitting that you put these terms not only under the skills section but also throughout your accounts receivable resume. Furthermore, including these resume keywords can help you pass the applicant tracking systems.
Expert Tip:
Resume keywords are job-related or industry-specific words and phrases outlined in job postings. Hence, make sure that your job search tool matches the job ad.
5. Use concrete data and examples.
Presenting figures and examples when describing your job descriptions and accomplishments is much better than listing plain information. These details will help you stand out among other job candidates.
6. Proofread, proofread, and proofread.
Before submitting your accounts receivable resume, read it over and over again. Doing so will help you check, spot, and correct errors, such as grammar and punctuation. Plus, keeping your resume error-free can increase your chances of securing job interviews.
Accounts Receivable Resume Example
Now, let’s put the tips to practice. Here’s one of the best accounts receivable resume examples written by one of our professional resume writers who is an expert in writing accounting resumes. Let this example guide you in writing your accounts receivable resume.
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