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Career and Education Opportunities for Accounts Receivable Specialists in Rhode Island

Rhode Island has a population of 1,053,209, which has grown by 0.47% over the past 10 years. Nicknamed the "Ocean State," Rhode Island's capital and most populous city is Providence.

There are currently 1,250 jobs for accounts receivable specialists in Rhode Island and this is projected to grow by 13% to about 1,410 jobs by 2016. This is not quite as good as the nation as a whole, where employment opportunities for accounts receivable specialists are expected to grow by about 19.3%. In general, accounts receivable specialists 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 $32,860 yearly on average in Rhode Island. In the U.S. as a whole, their income is about $14 per hour or $30,630 annually on average. Incomes for accounts receivable specialists are better than in the overall category of Billing and Bookkeeping in Rhode Island, and better than the overall Billing and Bookkeeping category nationally.

In 2008, there were a total of 612,258 jobs in Rhode Island. The average annual income was $41,261 in 2008, up from $40,147 in 2007. The unemployment rate in Rhode Island was 11.2% in 2009, which has grown by 3.6% since the previous year. Roughly 25.6% of Rhode Island residents have college degrees, which is higher than the national average.

The top industries in Rhode Island include miscellaneous manufacturing, other miscellaneous manufacturing, and electrical equipment, appliance, and component manufacturing. Notable tourist attractions include the Providence Athenaeum, the Rhode Island Historical Society, and the USS Saratoga Museum Foundation Inc.

CITIES WITH Accounts Receivable Specialist OPPORTUNITIES IN Rhode Island


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 Rhode Island 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: Rhode Island

Rhode Island
Rhode Island photo by Whitney

Rhode Island has a population of 1,053,209, which has grown by 0.47% in the last 10 years. Nicknamed the "Ocean State," Rhode Island's capital and biggest city is Providence. In 2008, there were a total of 612,258 jobs in Rhode Island. The average annual income was $41,261 in 2008, up from $40,147 in 2007. The unemployment rate in Rhode Island was 11.2% in 2009, which has grown by 3.6% since the previous year. Roughly 25.6% of Rhode Island residents have college degrees, which is higher than the national average.

The top industries in Rhode Island include miscellaneous manufacturing, other miscellaneous manufacturing, and electrical equipment, appliance, and component manufacturing. Notable tourist attractions include the Rhode Island Historical Society, the USS Saratoga Museum Foundation Inc, and the Governor Henry Lippitt House Museum.