Best Schools for Accounts Receivable Clerks in 2024
Best Schools for Accounts Receivable Clerks in 2024
Ranked #1 for Accounts Receivable Clerks in 2024
Harvard University
Accredited By: New England Commission on Higher Education
Program Information:
Cost per Credit:
In-State: $55,587
Out of State: $55,587
Graduate Overall Median Earnings:
$87,213
Ranked #2 for Accounts Receivable Clerks in 2024
University of Pennsylvania
Accredited By: Middle States Commission on Higher Education
Program Information:
Cost per Credit:
In-State: $61,710
Out of State: $61,710
Graduate Overall Median Earnings:
$90,173
Ranked #3 for Accounts Receivable Clerks in 2024
Georgetown University
Accredited By: Middle States Commission on Higher Education
Program Information:
Cost per Credit:
In-State: $59,957
Out of State: $59,957
Graduate Overall Median Earnings:
$78,439
Ranked #4 for Accounts Receivable Clerks in 2024
Babson College
Accredited By: New England Commission on Higher Education
Program Information:
Cost per Credit:
In-State: $54,944
Out of State: $54,944
Graduate Overall Median Earnings:
$83,999
Ranked #5 for Accounts Receivable Clerks in 2024
Carnegie Mellon University
Accredited By: Middle States Commission on Higher Education
Program Information:
Cost per Credit:
In-State: $58,924
Out of State: $58,924
Graduate Overall Median Earnings:
$92,854
Ranked #6 for Accounts Receivable Clerks in 2024
University of Notre Dame
Accredited By: Higher Learning Commission
Program Information:
Cost per Credit:
In-State: $58,843
Out of State: $58,843
Graduate Overall Median Earnings:
$84,235
Ranked #7 for Accounts Receivable Clerks in 2024
Northwestern University
Accredited By: Higher Learning Commission
Program Information:
Cost per Credit:
In-State: $60,768
Out of State: $60,768
Graduate Overall Median Earnings:
$72,370
Ranked #8 for Accounts Receivable Clerks in 2024
Boston College
Accredited By: New England Commission on Higher Education
Program Information:
Cost per Credit:
In-State: $61,706
Out of State: $61,706
Graduate Overall Median Earnings:
$74,589
Ranked #9 for Accounts Receivable Clerks in 2024
University of Southern California
Accredited By: Western Association of Schools and Colleges Senior Colleges and University Commission
Program Information:
Cost per Credit:
In-State: $61,503
Out of State: $61,503
Graduate Overall Median Earnings:
$72,478
Ranked #10 for Accounts Receivable Clerks in 2024
Lehigh University
Accredited By: Middle States Commission on Higher Education
Program Information:
Cost per Credit:
In-State: $57,470
Out of State: $57,470
Graduate Overall Median Earnings:
$86,106
Essential Education to Become an Accounts Receivable Clerk
Becoming an Accounts Receivable Clerk opens up a world of opportunities in the financial sector, where precision and reliability are paramount. This role involves managing incoming payments, reconciling invoices, and ensuring that accounts reflect accurate and current financial information. To excel in this field, a solid foundation in specific educational areas is crucial. Here's what you need to focus on:
Key Educational Foundations
To kickstart your career as an Accounts Receivable Clerk, prioritize these educational essentials:
High School Diploma or Equivalent: This is the minimum requirement. Courses in math, accounting, and business during your high school years can provide a good foundation.
Postsecondary Education: While not always mandatory, having some level of postsecondary education can significantly boost your employability. Focus on the following areas:
- Accounting and Bookkeeping: Courses that cover basic accounting principles, financial statements, and bookkeeping practices are vital. They equip you with the core skills needed to manage accounts receivable efficiently.
- Business Math: A strong grasp of business mathematics helps in understanding and calculating interest rates, discounts, and payment terms effectively.
- Computer Skills: Proficiency in accounting software (like QuickBooks or Sage 50 Accounting) and Microsoft Excel is often required. Many employers look for candidates who can navigate these tools with ease.
Additional Certifications
While not strictly necessary, obtaining certifications can set you apart from other candidates. Consider these options:
Certified Bookkeeper (CB): Offered by the American Institute of Professional Bookkeepers (AIPB), this certification demonstrates your knowledge and commitment to the profession.
Microsoft Office Specialist (MOS) Certification: Since Excel is a critical tool for Accounts Receivable Clerks, becoming a certified MOS in Excel can highlight your technical skills.
Practical Experience
Hands-on experience is invaluable. Even before completing your education, try to gain practical experience through:
Internships: Look for internship opportunities in accounting firms or finance departments. This real-world experience can be a significant advantage.
Part-time Work: Part-time positions or work-study programs in bookkeeping or clerical roles can also provide practical knowledge and skills.
In summary, while the path to becoming an Accounts Receivable Clerk may start with a high school diploma, advancing in this career requires a combination of postsecondary education in key areas like accounting and bookkeeping, computer skills, possibly additional certifications, and practical experience. Focusing on these educational components will equip you with the necessary skills and knowledge to succeed and excel in the field of accounts receivable.
Accounts Receivable Clerk Education Resources
Becoming an Accounts Receivable Clerk requires a solid foundation in accounting principles, along with practical skills in managing financial transactions and records. To help you build or enhance these skills, here are some top resources and associations that offer valuable information, training, and networking opportunities.
Professional Associations
Joining a professional association can provide you with the latest industry news, access to educational resources, and networking opportunities. Consider these associations:
- American Accounting Association (AAA)
- Institute of Financial Operations and Leadership (IFOL)
Industry Publications
Staying informed about the latest trends, technologies, and best practices in the field of accounts receivable is crucial. These publications are great sources of information:
- Journal of Accountancy
- CFO Magazine
Online Learning Platforms
Online courses can be a flexible and convenient way to enhance your knowledge and skills. Here are some platforms offering courses relevant to Accounts Receivable Clerks:
- Coursera
- Courses on accounting and finance fundamentals
- Coursera
- Udemy
- Practical courses on accounts receivable management
- Udemy
Books
Reading books by experts in the field can deepen your understanding. Some recommended titles include:
- "Accounts Receivable Management Best Practices" by John G. Salek
- "The Complete Guide to Accounts Receivable Collections" by Michelle Dunn
Career.Guide
For more in-depth exploration of becoming an Accounts Receivable Clerk, including step-by-step guides, career paths, and skill development tips, Career.Guide is your go-to resource.
- Explore comprehensive articles and guides tailored to aspiring Accounts Receivable Clerks
By leveraging these resources, you'll be well on your way to advancing your career as an Accounts Receivable Clerk. Whether you're just starting out or looking to sharpen your skills, there's a wealth of knowledge waiting for you.
Accounts Receivable Clerk Education FAQs
What education is needed to become an Accounts Receivable Clerk?
Becoming an Accounts Receivable Clerk typically requires at least a high school diploma or equivalent. However, employers often prefer candidates who have completed post-secondary education related to accounting or business. Here's a breakdown:
- High school diploma or GED
- Associate's degree in Accounting, Business Administration, or a related field (preferred by many employers)
- Bachelor's degree in Accounting or Finance (can enhance job prospects and potential for advancement)
Are there specific courses I should take?
Yes, certain courses can prepare you better for a career as an Accounts Receivable Clerk. Consider incorporating the following into your education plan:
- Basic and Advanced Accounting
- Bookkeeping
- Business Mathematics
- Introduction to Business
- Computer Applications/Software (e.g., Microsoft Excel, accounting software like QuickBooks)
- Communication Skills
Is certification required to become an Accounts Receivable Clerk?
Certification is not typically required to become an Accounts Receivable Clerk, but it can improve your job prospects and potentially lead to higher pay. Consider pursuing certifications such as:
- Certified Bookkeeper (CB) offered by the American Institute of Professional Bookkeepers (AIPB)
- Certified Accounts Payable Associate (CAPA) or Certified Accounts Payable Professional (CAPP) offered by the Institute of Financial Operations (IFO)
How important are computer and software skills?
In today's workplace, proficiency in computer and software skills is crucial for Accounts Receivable Clerks. You should be familiar with:
- Microsoft Office Suite, especially Excel
- Accounting software such as QuickBooks, Sage, or SAP
- Database management
- Email and internet research
Consider taking courses or workshops to strengthen these skills.
Can I become an Accounts Receivable Clerk with online courses?
Absolutely! Many institutions offer online courses that can help you gain the necessary knowledge and skills to become an Accounts Receivable Clerk. Look for accredited programs that offer courses in accounting, bookkeeping, and business software applications. Online learning platforms like Coursera, Udemy, and edX also provide relevant courses that can supplement your education.
What skills are essential for success as an Accounts Receivable Clerk?
Beyond educational requirements, certain skills are essential for success in this role:
- Attention to detail and accuracy
- Strong organizational skills
- Effective communication skills, both written and verbal
- Ability to work well under pressure and meet tight deadlines
- Analytical and problem-solving skills
- Customer service orientation
Focusing on developing these skills, whether through formal education or on-the-job experience, will significantly contribute to your success as an Accounts Receivable Clerk.
Explore Schools by State
Sign up for our newsletter
Join our newsletter to receive the latest updates and insights in online education. Get exclusive access to in-depth articles, expert advice, and special offers tailored for your educational journey.