Career and Education Opportunities for Accounts Receivable Specialists in Henderson, Nevada
If you want to be an accounts receivable specialist, the Henderson, Nevada area offers many opportunities both for education and employment. There are currently 4,600 jobs for accounts receivable specialists in Nevada and this is projected to grow by 37% to about 6,290 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.
The income of an accounts receivable specialist is about $15 hourly or $31,400 yearly on average in Nevada. In the U.S. as a whole, their income is about $14 hourly or $30,630 annually on average. Compared with people working in the overall category of Billing and Bookkeeping, people working as accounts receivable specialists in Nevada earn more. They earn more than people working in the overall category of Billing and Bookkeeping nationally.
The Henderson area is home to nineteen schools of higher education, including one within twenty-five miles of Henderson where you can get a degree as an accounts receivable specialist. The most common level of education for accounts receivable specialists is a high school diploma or GED. It will take only a short time to learn 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 Henderson 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.
EDUCATIONAL OPPORTUNITIES: Accounts Receivable Specialist Training
College of Southern Nevada - Las Vegas, NV
College of Southern Nevada, 6375 W. Charleston Blvd., Las Vegas, NV 89146-1164. College of Southern Nevada is a large college located in Las Vegas, Nevada. It is a public school with primarily 4-year or above programs and has 27,035 students. College of Southern Nevada has an associate's degree program in Banking and Financial Support Services which graduated five students in 2008.
Collection Agency Manager
Phone: (775) 687-5522
Website: Department of Business & Industry Financial Institutions Division Licensing Office
Phone: (775) 687-3223
Website: Office of the Attorney General Private Investigator's Licensing Board
LOCATION INFORMATION: Henderson, Nevada
Henderson is located in Clark County, Nevada. It has a population of over 252,064, which has grown by 43.7% in the past ten years. The cost of living index in Henderson, 93, is below the national average. New single-family homes in Henderson are valued at $135,800 on average, which is well below the state average. In 2008, 1,063 new homes were constructed in Henderson, down from 2,224 the previous year.
The three big industries for women in Henderson are accommodation and food services, arts, entertainment, and recreation, and health care. For men, it is construction, accommodation and food services, and arts, entertainment, and recreation. The average commute to work is about 24 minutes. More than 23.7% of Henderson residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 7.9%, is higher than the state average.
The unemployment rate in Henderson is 10.7%, which is less than Nevada's average of 12.6%.
The percentage of Henderson residents that are affiliated with a religious congregation, 36.2%, is less than the national average but more than the state average. The largest religious groups are the Catholic Church, the LDS (Mormon) Church and the Southern Baptist Convention.
Henderson is home to the Amargosa Substation and the Las Vegas Downs as well as Henderson City Park and O'Callaghan Park. Shopping malls in the area include Boulder - Lake Mead Shopping Center and Lake Mead Shopping Center. Visitors to Henderson can choose from The Ritz-Carlton Lake Las Vegas, Railroad Pass Hotel & Casino and Fuego for temporary stays in the area.