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Career and Education Opportunities for Accounts Receivable Specialists in Colorado

Colorado has a population of 5,024,748, which has grown by 16.82% over the past decade. Nicknamed the "Centennial State," Colorado's capital and most populous city is Denver.

There are currently 6,930 jobs for accounts receivable specialists in Colorado and this is projected to grow by 34% to 9,260 jobs by 2016. This is better than the national trend for accounts receivable specialists, which sees this job pool growing by about 19.3% over the next eight years. Accounts receivable specialists generally locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment.

Income for accounts receivable specialists is about $15 per hour or $31,590 per year on average in Colorado. Nationally, their income is about $14 per hour or $30,630 annually. Earnings for accounts receivable specialists are better than earnings in the general category of Billing and Bookkeeping in Colorado and better than general Billing and Bookkeeping category earnings nationally.

In 2008, there were a total of 3,285,413 jobs in Colorado. The average annual income was $43,021 in 2008, up from $42,449 the previous year. The unemployment rate in Colorado was 7.7% in 2009, which has grown by 2.8% since the previous year. About 32.7% of Colorado residents have college degrees, which is higher than the national average.

The top industries in Colorado include professional equipment merchant wholesalers, computer peripheral equipment merchant wholesalers, and repair. Notable tourist attractions include the Denver City & County Government, the Fine and Dandy Gourmet Baskets & Gifts, and the Denver Museum of Miniatures Dolls & Toys.

CITIES WITH Accounts Receivable Specialist OPPORTUNITIES IN Colorado


JOB DESCRIPTION: Accounts Receivable Specialist

Accounts Receivable Specialist video from the State of New Jersey Dept. of Labor and Workforce Development

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.

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.

Similar jobs with educational opportunities in Colorado include:

  • Bank Teller. Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
  • Bookkeeper. Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.
  • Clerk. Compile data, compute fees and charges, and prepare invoices for billing purposes. Duties include computing costs and calculating rates for goods, services, and shipment of goods; posting data; and keeping other relevant records. May involve use of computer or typewriter, calculator, and adding and bookkeeping machines.
  • 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.
  • Gaming Cashier. Conduct financial transactions for patrons in gaming establishments. May reconcile daily summaries of transactions to balance books. Accept patron's credit application and verify credit references to provide check-cashing authorization or to establish house credit accounts. May sell gambling chips, tokens, or tickets to patrons, or to other workers for resale to patrons. May convert gaming chips, tokens, or tickets to currency upon patron's request. May use a cash register or computer to record transaction.
  • Payroll Machine Operator. Operate machines that automatically perform mathematical processes, such as addition, subtraction, and division, to calculate and record billing, accounting, and other numerical data. Duties include operating special billing machines to prepare statements, bills, and invoices, and operating bookkeeping machines to copy and post data, make computations, and compile records of transactions.
  • Statement Clerk. Prepare and distribute bank statements to customers, answer inquiries, and reconcile discrepancies in records and accounts.

LOCATION INFORMATION: Colorado

Colorado
Colorado photo by Wayne L. Bart

Colorado has a population of 5,024,748, which has grown by 16.82% over the past 10 years. Nicknamed the "Centennial State," Colorado's capital and most populous city is Denver. In 2008, there were a total of 3,285,413 jobs in Colorado. The average annual income was $43,021 in 2008, up from $42,449 the preceding year. The unemployment rate in Colorado was 7.7% in 2009, which has grown by 2.8% since the previous year. Approximately 32.7% of Colorado residents have college degrees, which is higher than the national average.

The top industries in Colorado include professional equipment merchant wholesalers, computer peripheral equipment merchant wholesalers, and repair. Notable tourist destinations include the Fine and Dandy Gourmet Baskets & Gifts, the Denver City & County Government, and the Friends of Historic FT Logan.