Supervisor, Accounts Receivable (2024)

FAQs

What is the role of a supervisor in accounts receivable? ›

Duties/Responsibilities:

Ensures billings and receivables are correctly processed in a timely manner. Addresses and corrects any discrepancies in accounts or billings. Serves as a liaison between clients and clerks to negotiate acceptable payment plans. Refers overdue accounts to collections.

Tailor your responses during the interview to demonstrate how your experience aligns with the role's requirements. Brush up on Technical Knowledge: Revise fundamental accounting concepts, accounts receivable calculations, and relevant industry-specific terminology.

Effective communication and customer service skills are key in managing relationships with clients and ensuring timely payments. Accounts Receivable specialists must be able to clearly convey payment terms, handle inquiries, and negotiate with customers who have overdue accounts.

Account Supervisor responsibilities are:

Making representatives aware of any updates. Monitoring the team's performance. Giving positive feedback to clients. Analyzing and setting up marketing plans.

Tracking and reconciling payments is a critical component of the AR process. Losing track of payments can result in inaccurate records, causing issues such as double or missed payments, leading to delays in collections and cash flow problems. Manually reconciling payments can also be time-consuming.

Here are some of the primary duties of an accounts receivable specialist: Preparation, generation & sending of invoices. Tracking incoming payments. Communication with customers for payment resolution.

The primary goal of managing accounts receivable is to accelerate cash flow by ensuring timely payments. And to achieve that, you need to set effective accounts receivable goals and objectives. But setting AR collections goals is only half the battle.

Find out what the average Accounts Receivable salary is

The average accounts receivable salary in India is ₹ 450,000 per year or ₹ 180 per hour. Entry-level positions start at ₹ 300,000 per year, while most experienced workers make up to ₹ 850,000 per year.

A: When answering, focus on your relevant skills, experience, and achievements that make you the best fit for the role.You should hire me because I am a hard worker who wants to help your company succeed. I have the skills and experience needed for the job, and I am eager to learn and grow with your team .

Why should we hire you for account receivable? ›

Having worked in several accounting positions, I have experience of providing exceptional customer service, I am proficient in all applicable software tools including Microsoft Excel, and my arithmetic skills are strong.

👍Strong response

One big strength of mine is my analytical skills. Like this one time in my accounting class, we had this major project analyzing a company's financial statements. I dove deep into the numbers and found some trends that even my professor hadn't noticed.

Accounts Receivable Manager responsibilities are:

Performing credit checks. Interacting with customers in non-payment cases. Creating and keeping records of invoices٫ bills٫ and deposits. Forecasting monthly٫ quarterly and annual results and creating reports on them.

The Accounts Receivable Manager is responsible for the overall invoicing, collection and cash application activities and timely management of all AR aging components. The Accounts Receivable Manager will also maintain and improve sustained cash flow through diligent and aggressive monitoring of our customer accounts.

The supervisor's overall role is to communicate organizational needs, oversee employees' performance, provide guidance, support, identify development needs, and manage the reciprocal relationship between staff and the organization so that each is successful. 1.