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Career and Education Opportunities for Accounts Receivable Specialists in Missouri

Missouri has a population of 5,987,580, which has grown by 7.01% over the past decade. Nicknamed the "Show Me State," its capital is Jefferson City, though its largest city is Kansas City.

There are currently 14,560 working accounts receivable specialists in Missouri; this should grow 29% to 18,840 working accounts receivable specialists in the state 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. In general, accounts receivable specialists locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment.

Income for accounts receivable specialists is about $13 per hour or $27,690 yearly on average in Missouri. Nationally, their income is about $14 per hour or $30,630 annually. Accounts receivable specialists earn more than people working in the category of Billing and Bookkeeping generally in Missouri and more than people in the Billing and Bookkeeping category nationally.

In 2008, there were a total of 3,672,794 jobs in Missouri. The average annual income was $36,356 in 2008, up from $35,120 the previous year. The unemployment rate in Missouri was 9.3% in 2009, which has grown by 3.2% since the previous year. Approximately 21.6% of Missouri residents have college degrees, which is lower than the national average.

The top industries in Missouri include stationery supplies merchant wholesalers, specialized freight trucking, and electrical apparatus, wiring supplies, and related equipment merchant wholesalers. Notable tourist attractions include the Crown Center Complex, the Black Archives of Mid, and the Cave Spring Interpretive Center.

CITIES WITH Accounts Receivable Specialist OPPORTUNITIES IN Missouri


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 Missouri 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.
  • Eligibility and Occupancy Interviewer. Determine eligibility of persons applying to receive assistance from government programs and agency resources, such as welfare, unemployment benefits, and public housing.
  • 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.
  • Order Clerk. Receive and process incoming orders for materials, merchandise, or services such as repairs, installations, or rental of facilities. Duties include informing customers of receipt, prices, and delays; preparing contracts; and handling complaints.
  • 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: Missouri

Missouri
Missouri photo by Andrew Selman

Missouri has a population of 5,987,580, which has grown by 7.01% over the past decade. Nicknamed the "Show Me State," its capital is Jefferson City, though its largest city is Kansas City. In 2008, there were a total of 3,672,794 jobs in Missouri. The average annual income was $36,356 in 2008, up from $35,120 the preceding year. The unemployment rate in Missouri was 9.3% in 2009, which has grown by 3.2% since the previous year. Roughly 21.6% of Missouri residents have college degrees, which is lower than the national average.

The top industries in Missouri include stationery supplies merchant wholesalers, specialized freight trucking, and electrical apparatus, wiring supplies, and related equipment merchant wholesalers. Notable tourist destinations include the Kansas City Missouri City, the Crown Center Complex, and the Black Archives of Mid.