Career and Education Opportunities for Accounts Receivable Specialists in San Diego, California
Accounts receivable specialist career and educational opportunities abound in San Diego, California. About 43,900 people are currently employed as accounts receivable specialists in California. By 2016, this is expected to grow by 17% to about 51,500 people employed. This is not quite as good as the national trend for accounts receivable specialists, which sees this job pool growing by about 19.3% over the next eight years. In general, accounts receivable specialists locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment.
Accounts receivable specialists earn about $16 per hour or $35,260 annually on average in California and about $14 hourly or $30,630 annually on average nationally. Accounts receivable specialists earn more than people working in the category of Billing and Bookkeeping generally in California and more than people in the Billing and Bookkeeping category nationally.
There are sixty schools of higher education in the San Diego area, including three within twenty-five miles of San Diego where you can get a degree to start your career as an accounts receivable specialist. Accounts receivable specialists usually hold a high school diploma or GED, so you can expect to spend only a short time studying to be an accounts receivable specialist if you already have a high school diploma.
CAREER DESCRIPTION: Accounts Receivable Specialist
In general, accounts receivable specialists locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. They also duties include receiving payment and posting amount to customer's account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; keeping records of collection and status of accounts.
Accounts receivable specialists answer customer questions regarding problems with their accounts. They also advise customers of needed actions and strategies for debt repayment. Equally important, accounts receivable specialists have to locate and notify customers of delinquent accounts by mail or personal visits to solicit payment. They are often called upon to talk with customers by telephone or in person to establish reasons for overdue payments and to review the terms of sales or credit contracts. They are expected to manage debt repayment or establish repayment schedules, on the basis of customers' financial situations. Finally, accounts receivable specialists perform various administrative functions for assigned accounts.
Every day, accounts receivable specialists are expected to be able to articulate ideas and problems. They need to listen to and understand others in meetings.
It is important for accounts receivable specialists to trace delinquent customers to new addresses by inquiring at post offices or through the questioning of neighbors. They are often called upon to sort and file correspondence, and perform miscellaneous clerical duties such as answering correspondence and writing reports. They also notify credit departments, order products repossession or service disconnection, and turn over account archives to attorneys when customers fail to respond to collection attempts. They are sometimes expected to receive payments and post amounts paid to customer accounts. Somewhat less frequently, accounts receivable specialists are also expected to persuade customers to pay amounts due on credit accounts or nonpayable checks, or to return products.
They also have to be able to contact insurance companies to check on status of claims payments and write appeal letters for denial on claims And finally, they sometimes have to locate and monitor overdue accounts, using computers and a variety of automated systems.
Like many other jobs, accounts receivable specialists must be able to deal with stress and deal with situations calmly and have strong self control in the face of challenging situations.
Similar jobs with educational opportunities in San Diego include:
- Bank Teller. Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
- Credit Investigator. Investigate history and credit standing of individuals or business establishments applying for credit. Telephone or write to credit departments of business and service establishments to obtain information about applicant's credit standing.
- Customer Care Specialist. Interact with customers to provide information in response to inquiries about products and services and to handle and resolve complaints.
EDUCATIONAL OPPORTUNITIES: Accounts Receivable Specialist Training
San Diego Miramar College - San Diego, CA
San Diego Miramar College, 10440 Black Mountain Rd, San Diego, CA 92126-2999. San Diego Miramar College is a large college located in San Diego, California. It is a public school with primarily 2-year programs and has 10,455 students. San Diego Miramar College has less than one year, associate's degree, and two to four year programs in Banking and Financial Support Services which graduated six, five, and zero students respectively in 2008.
Southwestern College - Chula Vista, CA
Southwestern College, 900 Otay Lakes Rd, Chula Vista, CA 91910-7299. Southwestern College is a large college located in Chula Vista, California. It is a public school with primarily 2-year programs and has 19,997 students. Southwestern College has less than one year, associate's degree, and two to four year programs in Banking and Financial Support Services which graduated five, six, and zero students respectively in 2008.
San Diego City College - San Diego, CA
San Diego City College, 1313 Park Boulevard, San Diego, CA 92101-4787. San Diego City College is a large college located in San Diego, California. It is a public school with primarily 2-year programs and has 17,372 students. San Diego City College has a less than one year program in Banking and Financial Support Services.
Repossession Agency Employee
Licensing agency: Department of Consumer Affairs
Address: Bureau of Security and Investigative Services, Licensing, 401 S Street, Suite 101, Sacramento, CA 95814
Phone: (916) 322-4000
Website: Department of Consumer Affairs Bureau of Security and Investigative Services Licensing
LOCATION INFORMATION: San Diego, California
San Diego is situated in San Diego County, California. It has a population of over 1,279,329, which has grown by 4.6% over the last ten years. The cost of living index in San Diego, 141, is far greater than the national average. New single-family homes in San Diego are valued at $323,700 on average, which is well above the state average. In 2008, six hundred forty-one new homes were constructed in San Diego, down from seven hundred forty-eight the previous year.
The three big industries for women in San Diego are health care, educational services, and professional, scientific, and technical services. For men, it is professional, scientific, and technical services, accommodation and food services, and construction. The average travel time to work is about 23 minutes. More than 35.0% of San Diego residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 13.4%, is higher than the state average.
The unemployment rate in San Diego is 10.5%, which is less than California's average of 12.3%.
The percentage of San Diego residents that are affiliated with a religious congregation, 43.7%, is less than both the national and state average. Penasquitos Nazarene Church, Peace Lutheran Church and Paul E Kidd African Methodist Episcopal Church are some of the churches located in San Diego. The most common religious groups are the Catholic Church, the LDS (Mormon) Church and the Southern Baptist Convention.
San Diego is home to the Zlac Rowing Club and the Rancho Los Penasquitos Golf Course as well as Adobe Bluffs Park and John F Kennedy Park. Shopping malls in the area include San Diego Factory Outlet Shopping Center, San Carlos Shopping Center and Montgomery Plaza Shopping Center. Visitors to San Diego can choose from Best Western Posada at the Yac, Beachfront San Diego and Banana Bungalow Hostel San Diego for temporary stays in the area.