An accounts receivable clerk is one of the most important roles in a company. While it may be an entry-level job, the accounts receivable clerk ensures that the company gets paid on time and in full by customers. This makes it an essential function for any company. Accounts receivable clerks can be found working in most industries, making it a career choice with a lot of different options for those interested.
Accounts receivable clerks spend much of their day working on a computer. You will need to create invoices, accept payments and then enter financial data for recordkeeping purposes. You will likely work a typical Monday through Friday, however, overtime may be required at busier times of the year. Since the role has such a large digital component many employers will allow you to perform the role virtually.
Accounts receivable clerks have many career options once they have gained some experience. Since many different industries require the role you can always transfer your knowledge and skills to a different industry. When you are ready to move up in your career you will find options available in the accounting and finance field, but also senior administrative or customer service roles.
An accounts receivable clerk in Victoria can expect to earn an average of $25.80 per hour, which is equivalent to an annual salary of $49,500. Here is a more detailed salary breakdown:
annual: $49,500
monthly: $4,125
weekly: $1,031
hourly: $25.80
lowest salary: $41,700 per year
average salary: $49,500 per year
highest salary: $61,800 per year
junior salary: $41,700-$44,400 per year
intermediate salary: $43,600-$55,100 per year
senior salary: $54,900-$61,800 per year
Accounts receivable clerks will spend most of their days performing functions surrounding the function of ensuring the company is paid on time by customers. Some of these tasks include:
One of the largest employers of accounts receivable clerks is the hospitality industry. However, there are also roles to be found in healthcare, manufacturing and consumer goods.
Employers are looking to hire accounts receivable clerks with a combination of soft skills and technical knowledge. Some of the things employers are looking for include:
Employers typically require an accounts receivable clerk to have a Bachelor’s degree in a related field: accounting, finance, or business administration. However, most will also accept a college degree in a relevant field or those with previous experience in a related field.