Accounts Receivable Specialist: Facts, Skills, and Next Paths

An Accounts Receivable Specialist manages a company's incoming payments by handling billing, collections, and cash application. Day-to-day work includes generating invoices, monitoring aging reports, and following up with customers to resolve discrepancies. For example, specialists at ConsensioHealth LLC review insurance claims for accuracy, while those at NBP NBA Properties Inc. handle billing for teams and merchandising.

The role involves full-cycle accounts receivable: invoicing, applying cash receipts, reconciling accounts, and coordinating with internal teams to resolve billing issues. At CoStar Group, specialists focus on collections and improving Days Sales Outstanding (DSO). This position typically reports to an AR Manager or Controller and collaborates closely with sales, property management, or insurance departments.

The median salary for Accounts Receivable Specialists is approximately $55,120 per year. The most requested skills in current job postings include Spreadsheet Modeling (80%), Accounts Receivable (80%), Analytics & Reporting (50%), Billing (50%), Compliance (40%), Microsoft Excel (30%), ERP Systems (30%), and Reconciliation (30%).