Accounts Receivable Managers collect customer payments on the business's behalf. In addition, they oversee a group of clerks and the prompt and accurate billing of clients and overdue.An Accounts Receivable Manager's typical roles are listed below:<ul><li>Accounting Clerk: They are in charge of keeping financial records, running reports, recording various transactions, providing administrative help to accountants, and preparing statements that validate the authenticity of database information.</li><li>Accounts Payable Coordinator: They oversee the flow of invoices for Accounts Payable through the office, handling incoming mail, entering invoices, clearing due bills payment, and finally filing invoices.</li></ul>

India's Accounting market/sector is expected to expand rapidly over the forthcoming years. The government's attempts to supply job opportunities across the country drive the accounting industry, as they do the market globally. Accounting Receivable Manager in other Sectors, like Accounting Specialist, has more career options as profits increase. Advertising, promotion, and marketing jobs are expected to grow at an 8% yearly rate in the years to come. This will create a natural increase in the demand for accounting professionals as the turnovers of these companies increase.

How to Learn

The roles and responsibilities for an Accounts Receivable Manager are:<ul><li>Obtaining client payments and seeing that they are completed promptly, supervising the workers in the company's accounts receivable division, and establishing regular weekly and monthly deadlines for processing payments and accounts.</li><li>Creating projections for the payment flow, preparing reports regularly (monthly, quarterly, and annually), and supervising the processing and organisation of bills, records, and invoices to ensure quality maintenance at every stage.</li><li>Ensuring that all procedures adhere to legal requirements, effectively resolving non-payment disputes with clients, staying up to date on industry best practices, and ensuring the accounting team is functioning to its full potential.</li></ul>

Roles & Responsibilities

Average take home Salary for a Accounts Receivable Manager in India is around AU$23472 per year

Salary Breakup

Accounts receivable (AR) managers are responsible for overseeing the part of a company that deals with money owed to the business. AR managers must manage and coordinate billing and credit related activities such as sending invoices, determining customer credit worthiness and the amount of credit to be extended, attempting to collect on unpaid debts, updating billing records and handling most billing disputes. Some employers may also require that they be responsible for handling commissions and reporting sales tax as well. AR managers usually oversee a team, which may consist of accountants, collectors, analysts, clerks and/or credit professionals. This often varies based on the size of the company. For example, an AR manager at a small company may just oversee a few AR clerks, while a manager at a larger company may oversee a team of ten or more specialists. Regardless of the company’s size and amount of staff, AR managers are usually responsible for hiring, training and evaluating the AR staff.

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Accounts Receivable Manager

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