The Accounts Receivable (AR) Managers are accountable for overseeing the portion of a business that deals with the monies due to the business. AR managers are required to manage and coordinate credit and billing related tasks like mailing invoices and determining a customer's creditworthiness and how much credit that can be extended, trying to collect unpaid debts as well as updating accounts for billing and settling most billing disputes. Certain employers might also demand that they are responsible for managing sales tax and commissions, as well as reporting in addition. AR managers typically oversee the team, which could comprise analysts, accountants, collectors or credit professionals, as well as clerks. It is usually contingent upon how big the business. For instance the AR manager in a small company might only oversee just a handful of AR clerks, whereas an AR manager in a larger organization could oversee a team of 10 or more AR specialists. Whatever the size of the business and staff size, AR managers are usually accountable for hiring, training and reviewing the AR employees. A manager of accounts receivable typically is employed for a 40-hour work week, and they spend time in a office. Since this is a supervisory one the majority of companies require having at minimum an associate's degree in business administration, accounting or bookkeeping, or another related field. The majority of companies also need at minimum five years' working experience in an AR department, and expect applicants to demonstrate some experience in leadership.

According to recent data, the role of Accounts Receivable Manager is projected to grow steadily in the market. Over the past 10 years, the job role has witnessed consistent demand and is expected to continue expanding in the future. Employment opportunities in the United States for this position are estimated to increase, with a positive outlook for job seekers. The role's growth is in line with the increasing complexity of financial transactions and the need for efficient management of accounts receivable. These trends indicate promising prospects for individuals pursuing a career as an Accounts Receivable Manager in the United States.

How to Learn

As an Accounts Receivable Manager with 3-6 years of experience in the United States, your main responsibilities include:<ul><li> Overseeing the accounts receivable function, ensuring accurate and timely invoicing, and monitoring customer payments.</li><li> Managing and resolving customer billing disputes and inquiries, providing exceptional customer service.</li><li> Developing and implementing credit and collection strategies to improve cash flow and reduce delinquencies.</li><li> Collaborating with cross-functional teams to optimize order-to-cash processes and enhance financial performance.</li></ul>

Roles & Responsibilities

Average take home Salary for a Accounts Receivable Manager in United States is around $64978 per year

Salary Breakup

The Accounts Receivable (AR) Managers are accountable for overseeing the portion of a business that deals with the monies owed to the company. AR managers are required to manage and coordinate credit and billing related tasks like mailing invoices and deciding a customer's creditworthiness and how much credit that can be extended, trying to collect unpaid debts as well as updating accounts for billing and settling most billing disputes. Certain employers might also demand that they are responsible for managing commissions and the reporting of sales tax, too. AR managers typically oversee the team, which could comprise analysts, accountants, collectors or credit professionals, as well as clerks. It is usually contingent upon how big the business. For instance the AR manager in a small company might only oversee just a handful of AR clerks, whereas an AR manager in a larger organization could oversee a team of 10 or more AR specialists. Whatever the size of the business and staff size, AR managers are usually accountable for hiring, training and reviewing the AR employees.


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Accounts Receivable Manager

Salary Breakup

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