An Accounts Receivable Analyst assists with accounts payable by monitoring all aspects of collecting outstanding debts owed to a company. They investigate missing and unresolved payment issues, monitor overdue accounts, and prepare statements for managers. Some titles for Accounts Receivable Analyst are: <ul><li>Accounts Receivable Supervisor: They manage a group's accounting system payables and activities. </li><li>Accounts Receivable Manager: They manage a team of clerks and ensure that customers are invoiced on time and accurately and overdue payments are handled under the company's policies. </li><li>Accounts Payable Specialist: They oversee a company's, business, or organization's expenses.</li></ul>

The role of an Accounts Receivable Analyst in India is projected to experience significant growth in the market. Over the past 10 years, there has been a steady increase in demand for professionals in this field, with a positive outlook for the future. the number of employment opportunities for Accounts Receivable Analysts is expected to rise substantially.

How to Learn

Some responsibilities of an Accounts Receivable Analyst are:<ul><li>Maintaining payment and account status records and getting data from other departments to ensure that documents are accurate. Ensuring data is complete and the accounts receivable ledgers and journals are maintained.</li><li>Performing administrative and clerical tasks such as data entry, invoice creation, invoice reminders, filing paperwork, and contacting customers to discuss their accounts. </li><li>Collaborating with the collections department to review accounts, customer payments, and credit history to develop new or improved repayment terms.</li></ul>

Roles & Responsibilities

Average take home Salary for a Accounts Receivable Analyst in India is around AU$10249 per year

Salary Breakup

Accounts receivable analysts are responsible for monitoring all aspects of the collection of outstanding debts owed to the company.  They maintain records on account activity, as well as review current accounts for unpaid amounts and determine what course of action to take based on a variety of factors such as age, amount of debt, and the customer’s history.  They may interact with customers directly resolving outstanding debt or billing issues, including  in evaluating the likelihood of (or a timeline for) repayment.  Accounts receivable analysts also communicate frequently with management to update them on cash flow issues; cash flow is a key aspect of business management, and accounts receivable analysts are responsible for the ground level of the process to maintain incoming money.

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Accounts Receivable Analyst

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