PR · On-site
Maintain A/P, A/R & asset registers Compliance and Internal controls * Ensures that contractors adhere to and abide by the clients' contractual terms and guidelines; * In charge of all reporting ...
Quick apply
PR · On-site
Maintain A/P, A/R & asset registers Compliance and Internal controls * Ensures that contractors adhere to and abide by the clients' contractual terms and guidelines; * In charge of all reporting ...
PR · On-site
Medical
Dental
Vision
Life
Retirement
PTO
Oversee accounts payable and accounts receivable for the site * Recruit, hire, manage and supervise ... Associates Degree is required, Bachelor's Degree is preferred * At least one year of experience ...
Quick apply
PR · On-site
Medical
Dental
Vision
Life
Retirement
PTO
Oversee accounts payable and accounts receivable for the site * Recruit, hire, manage and supervise ... Associates Degree is required, Bachelor's Degree is preferred * At least one year of experience ...
PR · On-site
Support ad hoc rebate analyses requested by Finance or Management Financial & Close Support * Assist with rebate receivable and payable calculations and true‑ups * Support month‑end and ...
Quick apply
Accounts Receivable Associate information
What are the key skills and qualifications needed to thrive as an accounts receivable associate?
To thrive as an Accounts Receivable Associate, you need strong numerical accuracy, attention to detail, and a basic understanding of accounting principles, often supported by an associate degree in accounting or finance. Proficiency with accounting software such as QuickBooks, SAP, or Oracle, as well as Microsoft Excel, is typically required. Excellent organizational skills, effective communication, and problem-solving abilities help you stand out in managing client relationships and resolving payment issues. These competencies ensure timely and accurate processing of receivables, which is vital for maintaining healthy cash flow and financial stability in an organization.
What are some common challenges accounts receivable associates face, and how can they be managed?
Accounts Receivable Associates often encounter challenges such as managing overdue accounts, maintaining accurate records, and balancing a high volume of transactions. Staying organized and developing strong communication skills are key to successfully following up with clients and resolving outstanding balances. Many organizations provide training on accounting software and offer support from team members, fostering a collaborative environment to address these challenges efficiently.
What is the difference between Accounts Receivable Associate vs Accounts Payable Clerk?
| Aspect | Accounts Receivable Associate | Accounts Payable Clerk |
|---|---|---|
| Primary Responsibility | Managing incoming payments and collections from customers | Processing outgoing payments to vendors |
| Work Environment | Finance or accounting departments, often in corporate settings | Finance or accounting departments, often in corporate settings |
| Required Credentials | High school diploma; some roles may prefer accounting certifications | High school diploma; familiarity with accounting software |
| Common Industry Usage | Used across industries with invoicing and billing processes | Used in industries with frequent vendor payments |
The main difference between an Accounts Receivable Associate and an Accounts Payable Clerk lies in their focus: the former manages incoming payments from customers, while the latter handles outgoing payments to vendors. Both roles are essential in maintaining a company's cash flow and are often found within the same finance teams.
Can you be an accounts receivable associate without experience?
An accounts receivable associate role typically requires some knowledge of accounting processes and familiarity with accounting software, but many entry-level positions are available for candidates without prior experience. Employers often provide on-the-job training, and relevant skills such as attention to detail and basic math can help candidates qualify for these roles.
How much do you get paid in accounts receivable?
The salary for an Accounts Receivable Associate typically ranges from $35,000 to $50,000 annually, depending on experience, location, and company size. Entry-level positions may start lower, while experienced professionals or those in high-cost areas can earn more. Compensation often includes benefits such as health insurance and paid time off.
Is accounts receivable a good entry-level job?
Accounts receivable is often considered a suitable entry-level position for those interested in finance and accounting, as it involves basic tasks like invoicing, payment processing, and record keeping. It provides foundational skills such as attention to detail and familiarity with accounting software, which can lead to advancement in finance roles.
What does an accounts receivable associate do?
An accounts receivable associate is responsible for managing incoming payments, processing invoices, and reconciling accounts to ensure timely collection of funds. They often use accounting software and require strong attention to detail to maintain accurate financial records and support cash flow management.
What are the most commonly searched types of Accounts Receivable jobs in Puerto Rico?
The most popular types of Accounts Receivable jobs in Puerto Rico are:
Full-time
Re-posted 26 days ago
Job description
About Invest Puerto Rico
Invest Puerto Rico (IPR) is a non-profit organization created by the Government of Puerto Rico via Law 13-2017 with the mission of promoting Puerto Rico as a competitive investment jurisdiction to attract new business and external capital to the Island.
Overview
The range of responsibilities will include: financial management and development and optimization around the key internal controls of the organization, acting as a subject matter expert in internal finance policies, including areas such as revenue recognition and developing a best-in-class financial processes.
Duties and Responsibilities:
Financial Planning / Accounting
• Prepare quarterly closing, journal entries , financial statements/reporting and forecasts;
• Manage expense reimbursement policy;
• Maintain activity expenditure against budgets;
• Maintain rolling cashflow projection;
• Maintain A/P, A/R & asset registers
Compliance and Internal controls
• Ensures that contractors adhere to and abide by the clients’ contractual terms and guidelines;
• In charge of all reporting requirements for the organization’s projects and grant funds;
• Manages the continuous revision of processes & SOPs
• Manages an end-to-end audit process of current systems – while acting as the first point of contact for external auditors (audits and tax requirements)
• Update financial risk assessments
Required Qualifications:
• Bachelor's degree in Accounting or Finance
• CPA license desirable
• 2-4 years experience in administrative and financial management of large-scale, complex, international and grant-funded programs;
• 2-4 years experience in grant’s management, including proposals, contracting and financial reporting
• 2-4 years experience in financial/funds management and reporting;
• Ability to work effectively under pressure and to manage competing priorities;
• Outstanding team player and willingness to learn and support learning of others;
• Highly Fluent in Written and Spoken English and Spanish
Invest PR is an Equal Opportunity Employer.