ACCOUNTS RECEIVABLE Interview Questions and Answers Practice Resource

21 Accounts Receivable Interview
Questions & Answers

Pass YOUR interview at the FIRST Attempt!

Here’s the FULL LIST of ACCOUNTS RECEIVABLE INTERVIEW QUESTIONS:

Q1. Tell me about yourself.

SUGGESTED ANSWER:

β€œThank you for giving me the opportunity to be interviewed for this accounts receivable position with your company. I would describe myself as a fast worker who has excellent attention to detail skills. I have the relevant accounting qualifications, training, knowledge, and expertise to come into the position and contribute positively to the team. Having worked in several accounting positions, I have experience of providing exceptional customer service, I am proficient in all applicable software tools including Microsoft Excel, and my arithmetic skills are strong. My strengths lie in my ability to communicate complex financial information to clients in a simple and easy-to-understand manner, and I am the type of person who always takes responsibility of their ongoing professional development. If you are seeking a competent, supportive, fast-working and trustworthy accounts receivable specialist, then I strongly believe I am the right person for the job.”

SUGGESTED ANSWER

β€œI want to work for you because having researched your organization in detail, your track record of success and your workplace values make me believe I will be very happy here. I am seeking long-term employment as an accounts receivable specialist, and I only want to work in a positive environment where everyone supports each other, where there is a decisive management team, and where the work I will be undertaking is varied, challenging, and fulfilling. I believe I will experience all of these things working for your company.”

Interview Questions And Answers Example 01

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THE SKILLS AND QUALITIES NEEDED TO WORK IN ACCOUNTS RECEIVABLE


To work effectively in this role, you will need experience in accounts receivable functions and operations, the ability to manage and prioritize a large workload, ensure you meet all deadlines, and communicate with customers and clients in a clear and easy-to-understand manner. Communication and interpersonal skills are vital working in accounts receivable.

You need good working knowledge of accounting principles, be aware of the organizations accounting policies and procedures, and possess excellent mathematical and numeracy skills.

Attention to detail skills are also at the top of the list in terms of skills and qualities needed, and you must have good working knowledge of a variety of software packages, apps, and accounting tools to fulfil your duties competently.

Finally, you must possess critical thinking skills, be able to work alone as well as part of a team and be detail-orientated.

THE DAY-TO-DAY DUTIES AND JOB DESCRIPTION OF AN ACCOUNTS RECEIVABLE CLERK OR SPECIALIST

As an accounts receivable specialist, you would have many and varied duties and responsibilities, including:

  • Preparing, verifying, and posting transactions and payments for companies and clients.
  • Generating invoices and submitting them to customers and contractors ensuring they are paid within the terms specified.
  • Writing and sending correspondence for past-due accounts and requesting payment. (NOTE: If a payment is not made despite several requests, you would liaise with the Collection Manager or allocated Debt Collection Agency so they could deal with the late payment.
  • Carry out general administrative tasks including having the responsibility for maintaining and updating customer and client records including names, contact emails, telephone numbers and addresses whilst adhering to strict data protection laws.
  • Work alongside the accounts manager to reconcile income and revenue accounts and create monthly billing statements.
  • Liaise closely with other internal company departments to resolve any account discrepancies.
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3 SMART QUESTIONS TO ASK AT THE END OF YOUR ACCOUNTS RECEIVABLE INTERVIEW.

At the very end of your accounts receivable job interview, the account or hiring manager will say to you:

β€œThat’s the end of your interview, do you have any questions for us?”

The questions you ask could be the difference between a pass or fail. Avoid questions about time off, holiday entitlement, sick pay, or salary unless specifically asked what are your salary expectations?

Instead, ask three sensible and smart questions that focus on what you can do to help their company thrive. Here are three great questions to ask:

Q1. What advice would you give to the successful candidate who wants to excel in the role?

Q2. What’s the one thing I can do in this role to help your business succeed?

Q3. Can you tell me more about the accounting team I would be a part of?”

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Question 1,
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Interview Question 01

Question 2,
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Interview Question 02

Question 3,
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Interview Question 03

Question 4,
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Interview Question 04

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Interview Question 05

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Interview Question 07

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Interview Question 10

Question 11,
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Interview Question 11

Question 12,
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Interview Question 12

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Who has created the answers to the interview questions?

Richard McMunn is a former Fire Officer turned interview coach who has over 20 years experience within the recruitment industry.

He is extremely passionate about helping people pass their interviews, and his success rate is unrivalled within the interview training sector.

Richard guarantees the answers contained within this product are unique and will help you stand out from the competition.
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