An accounts receivable supervisor is one of the most essential positions in the accounting department. Without the assistance of the supervisor, accounts receivable managers will not be able to know what is happening within the team he or she is handling. Without the help of supervisors, constant communication with the team and manager will not be possible and existent.
Aside from assisting and supervising the accounts receivable team, a supervisor still has a lot of responsibilities to be handled. These responsibilities are contained in the Accounts Receivable Supervisor Job Description. Knowing this information is essential for people to determine whether they have the skills capable of performing the job that the position entails.
The Main Purpose of an Accounts Receivable Supervisor
As for the Accounts Receivable Supervisor Job Description, the main purpose of the position and the general responsibilities it entails include obtaining the generated revenue through processing all invoices, updating the financial records, resolving those missed payments, and supervising the staff or the team.
Duties and Responsibilities
•Prepare bills that are already corrected so that reconciliation of errors, in the form of meter readings, can be achieved.
•Convey and explain the work procedures to subordinates.
•Accomplish accounts receivable functions with the help of staff who has undergone an extensive process of selection, orientation, training, assigning and scheduling, along with other factors including coaching, disciplining and counseling.
•Ensure that operational standards are followed in the accounts receivable duties. It must be done by contributing the necessary information in the strategic plans along with reviews made. Meeting the standard is also done by implementation of standards in production, customer service and quality and in other aspects like identifying improvements in the in the system and in resolving problems.
•Ensure that the financial standards on accounts receivable are met by providing the budget information for the annual accounts receivable, monitoring expenditures, implementing corrective steps and by identifying the variances.
•Collect accounts through contacting customers who are referred to them by clerks, investigating cases of non-payment and negotiating and also resolving conflicts.
•Assist in the financial planning by means of forecasting cash.
•Update receivables through coordinating and monitoring all processing made on sale order that are made within the day along with transactions like the bank remittances made.
•Keep the company’s information confidential.
•Accomplish all accounting mission along with those organizations, once through with getting all the necessary results completed.
All in all, this is what the Accounts Receivable Supervisor Job Description contains. Before applying for the position, make sure to take a look at these first before anything else.