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Accounts Receivable Specialist Mock Interview

Question 28 of 30 for our Accounts Receivable Specialist Mock Interview

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Question 28 of 30

How do you manage your time in Accounts Receivable?

"Among the most effective ways to improve accounts receivable is by prioritizing the credit and collections activities. As a Senior A/R team lead, I take care of businesses most critical activities first, such as the largest outstanding invoices, delinquent accounts, etc. before moving on to less critical activities. This strategy helps to collect more efficiently, get paid faster, and increase cash flow. Without the right tools and processes in place, an A/R department can be slowed down significantly."

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How to Answer: How do you manage your time in Accounts Receivable?

Advice and answer examples written specifically for an Accounts Receivable Specialist job interview.

  • 28. How do you manage your time in Accounts Receivable?

      How to Answer

      With this behavioral based interview question, the hiring authority wants to hear that you are working wisely and not wasting much time during the day. Think about the ways that you control your time during the day. Perhaps you have a to-do list or plan your day using a particular app or software program. Whatever your method, ensure the interviewer that you are mindful of your time. Show that you deliver quickly on your work while maintaining exceptional quality and accuracy.

      Written by Bobbi Witt on January 7th, 2019

      Entry Level

      "When I first started with ABC Company, it was my first job out of college, and I felt that my days were unorganized. I am a very organized individual, but it felt as though I was always jumping from one thing to the next without completing a task. Finally, I asked a co-worker in my department, who did her job exceptionally, if I could shadow her for a day. With my manager's approval, I sat with this colleague for a full day and observed her workflow. To this day, I follow her methods with a few tweaks for myself, including the introduction of Trello for project management."

      Written by Bobbi Witt on January 7th, 2019

      Answer Example

      "Among the most effective ways to improve accounts receivable is by prioritizing the credit and collections activities. As a Senior A/R team lead, I take care of businesses most critical activities first, such as the largest outstanding invoices, delinquent accounts, etc. before moving on to less critical activities. This strategy helps to collect more efficiently, get paid faster, and increase cash flow. Without the right tools and processes in place, an A/R department can be slowed down significantly."

      Written by Bobbi Witt on January 7th, 2019

      Experience

      "Among the most effective ways to improve an accounts receivable is by prioritizing the credit and collections activities. As a Senior A/R Team lead, I take care of businesses most critical activities first, such as the largest outstanding invoices, delinquent accounts, etc. before moving on to your less important activities. This strategy helps to collect more efficiently, get paid faster, and increase cash flow. Unfortunately, without the right tools and processes in place, it can be an extremely time consuming and overwhelming task for A/R departments, which is why my team A/R has established processes and procedures that must be followed to maintain the cash flow and keep DSO down."

      Written by Bobbi Witt on July 24th, 2018

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