Accounts Receivable Manager qualifications to look for
Accounts Receivable Managers supervise compliance with accounting regulations for payment collections and invoicing procedures. In some companies, they may also supervise a team of Accounts Receivable Clerks.
These candidates hold an Accounting or Finance degree, and some may have additional certifications such as CPA.
Keep an eye out for candidates who have:
- Solid time-management skills
- Organizational skills to manage heavy workloads and stick to deadlines
- Analytical way of thinking
If you need them to manage a team, test their ability to set objectives and evaluate employee performance.
Also, consider adding an Excel test to evaluate their familiarity with spreadsheets and formulas used every day.
Top tip: Diversity is key to a thriving workplace. Keep an eye out for management and exec-level candidates from varying backgrounds and aim to eliminate bias from your hiring process.
Problem-solving interview questions
- You found a billing discrepancy. What’s your first step to solving it?
- A client has outstanding debt. What negotiation process do you use?
- You need to close the accounts receivable period. What is your step-by-step process?
- How do you help a newly-hired Accounts Receivable Clerk become more proficient at time management?
- How do you collect data to forecast next month’s payments?
- What objectives do you set so your team meets monthly, quarterly and annual goals?
Role-specific interview questions
- What accounting software have you used?
- How do you manage day-to-day tasks?
- What is your step-by-step process for a journal entry?
- What schedule do you adhere to when conducting a bank reconciliation? What does this process look like?
- What are your standard accounting reports?
- You’re sending an invoice for services rendered. What data does it include?
Behavioral interview questions
- What is your process for sharing results from your team?
- A client is inconsistent with payments. What do you do?
- How do you evaluate employee performance?
- Tell us about a time when you made a mistake in accounting. How did you handle it and what did you learn from that experience?
- How do you check your work for accuracy?
- How do you meet all your deadlines?
- What are some methods you use to stay up-to-date with financial legislation changes?