Accounts Receivable InternJob Description
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Job Description Sample
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Job Title: Accounts Receivable Intern
Location: New York, NY / Hybrid
Type: Full-time Internship
About the Role:
We're seeking a detail-oriented Accounts Receivable Intern to join our accounting team during busy season. You'll assist with invoice processing, payment reconciliation, and client communications while developing essential financial skills.
Key Responsibilities:
- Process and record incoming customer payments accurately
- Generate and distribute invoices for royalties and fees
- Reconcile accounts receivable transactions daily
- Communicate with clients to resolve billing discrepancies
- Prepare monthly accounts receivable reports
- Assist with unclaimed checks and payment verification
- Support external audit documentation preparation
- Maintain organized records of all AR transactions
Perks:
- Competitive hourly rate with overtime pay
- Sign-on bonus
- Flexible hybrid work schedule
- Professional development opportunities
- Mentorship from senior accounting staff
Accounts Receivable Intern Responsibilities
Hiring a accounts receivable intern? Here's what you can expect them to handle:
- Process customer payments and maintain accurate transaction records
- Generate invoices for various revenue streams and fees
- Reconcile accounts receivable balances on daily and monthly basis
- Communicate with clients regarding outstanding balances and billing issues
- Prepare documentation for internal and external audits
- Assist with accounts payable and expense report analysis
- Support month-end closing procedures and financial reporting
- Perform data entry and verification tasks in accounting systems
Qualifications to Be a Accounts Receivable Intern
Here's what a solid candidate typically brings to the table:
Currently pursuing Bachelor's degree in Accounting or FinanceStrong analytical and mathematical skillsProficiency in Microsoft Excel and Office SuiteExcellent attention to detail and accuracyBasic understanding of accounting principles and proceduresAccounts Receivable Intern Prerequisites
Before you even think of hiring, make sure your candidates have:
Ability to work independently and collaborativelyStrong written and verbal communication skillsAvailable to work during busy season periodsMinimum GPA of 3.0 preferredAuthorization to work in the United StatesAccounts Receivable Intern Hard Skills
The “must-haves” on every recruiter's checklist:
Accounting Software: QuickBooks, Yardi, SAPSpreadsheet Tools: Excel (pivot tables, VLOOKUP, formulas)ERP Systems: Oracle, NetSuitePayment Processing: ACH, credit card systemsData Entry: 10-key proficiency, typing accuracyFinancial Reporting: Basic report generation and analysisDatabase Management: SQL basics, data queriesDocument Management: Electronic filing systems, cloud storageAccounts Receivable Intern Soft Skills
Tech skills get them in the door—soft skills help them stick around.
Attention to detail and accuracyTime management and prioritizationProfessional communication and interpersonal abilitiesProblem-solving and analytical thinkingAdaptability to changing prioritiesEthical judgment and confidentialityCustomer service orientationTeam collaboration and cooperationAccounts Receivable Intern Salary by Experience Level
Entry Level (0-2 Years)
$34k – $42k
Common Titles
Junior Accounts Receivable Intern, Associate Accounts Receivable Intern
Mid Level (2-5 Years)
$42k – $52k
Common Titles
Accounts Receivable Intern, Accounts Receivable Intern II
Senior Level (5+ Years)
$52k – $65k
Common Titles
Senior Accounts Receivable Intern, Lead Accounts Receivable Intern
Frequently Asked QuestionsAbout Accounts Receivable Intern Hiring
An AR Intern focuses specifically on collections, invoicing, and payment processing, while a general Accounting Intern rotates through multiple functions including AP, payroll, and general ledger. AR interns develop specialized skills in credit management and customer billing. This role is ideal for students interested in treasury or credit analysis careers.
Yes, most AR internships require only coursework in accounting fundamentals, not work experience. Strong Excel skills and attention to detail matter more than previous jobs. Look for candidates with customer service experience, as client communication is essential for resolving billing issues.
Prioritize attention to detail and communication skills over advanced technical knowledge for interns. AR work requires accuracy in data entry and professional client interactions more than complex accounting theory. Technical systems can be taught, but detail orientation and interpersonal skills are harder to develop quickly.
Provide a sample invoice with errors and ask them to identify discrepancies. Give them a mock aging report and have them explain collection priorities. Test Excel skills with a practical reconciliation exercise to assess their analytical approach and attention to detail.
Watch for candidates who can't explain basic accounting concepts like debits/credits or show poor attention to detail in their application materials. Lack of interest in client interaction or inability to handle repetitive tasks suggests poor fit. Avoid candidates who view the role as just administrative rather than a learning opportunity.
Tools and Programs Accounts Receivable Intern Use
Here's what their digital toolbox might look like:
Accounting Platforms
QuickBooks•Xero
ERP Systems
SAP•Oracle Financials
Spreadsheet Software
Excel•Google Sheets
Payment Systems
Stripe•PayPal
Communication Tools
Outlook•Teams
Document Management
SharePoint•Dropbox
Database Software
Access•SQL Server
Reporting Tools
Power BI•Tableau
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