Accounts Receivable Certifications

Explore the top Accounts Receivable certifications that are important to a successful career.

Career PathsChevron Bread crumb separator
Accounts Receivable
Chevron Bread crumb separator
Certifications

Getting Started as a Accounts Receivable

Accounts Receivable Resources
Show the Right Certifications on Resumes
Use Matching Mode to find the most relevant certifications for the job.
Try Matching for Free

Getting Certified as a Accounts Receivable

In the intricate world of finance, mastering the art of Accounts Receivable is a testament to one's precision and analytical prowess. Certifications in this specialized field serve as a beacon of expertise, illuminating a path for professionals who are dedicated to excelling in managing a company's incoming cash flow and maintaining healthy financial relationships.

This guide offers a comprehensive look into the certifications that can elevate your proficiency in Accounts Receivable, ensuring that you are equipped with the latest industry practices and recognized for your commitment to fiscal responsibility. By pursuing these certifications, you not only enhance your skill set but also position yourself as a valuable asset in a market that relies heavily on financial stability and accuracy.

Top Accounts Receivable Certifications

Certified Accounts Receivable Professional (CARP)
The Institute of Financial Operations
Certified Credit and Collections Manager (CCCM)
National Association of Credit Management (NACM)
Certified Receivables Compliance Professional (CRCP)
Receivables Management Association International (RMAI)
Credit Business Associate (CBA)
National Association of Credit Management (NACM)
Certified Bookkeeper (CB)
American Institute of Professional Bookkeepers (AIPB)
Certified Public Accountant (CPA)
American Institute of CPAs (AICPA)
Certified Management Accountant (CMA)
Institute of Management Accountants (IMA)
Certified Financial Services Auditor (CFSA)
The Institute of Internal Auditors (IIA)
Accounts Receivable Specialist Certification
Accounts Receivable Training & Certification Program
Financial Operations Specialist - Accounts Receivable
IOFM (Institute of Finance & Management)

Best Accounts Receivable Certifications

Certified Accounts Receivable Professional (CARP)

Certification Provider
The Institute of Financial Operations
Best For
Accounts Receivable Manager, Credit Manager, Collections Manager, Accounts Receivable Analyst, Financial Accountant with AR experience, Billing Coordinator with finance background
Description
The Certified Accounts Receivable Professional (CARP) certification, offered by The Institute of Financial Operations, is a prestigious credential that signifies expertise in accounts receivable management. It focuses on enhancing the knowledge and skills necessary for effective credit and collections operations, including legal aspects, risk assessment, and receivables metrics. This certification is ideal for financial professionals seeking to validate their proficiency and advance their careers in the accounts receivable field.
Includes Certification
Time to Complete
Price
Prerequisites
  • A minimum of two years of professional experience in accounts receivable or a related field
  • A bachelor's degree in finance, accounting, or a related discipline, or equivalent work experience
  • Understanding of basic accounting principles and financial operations
  • Completion of a prescribed set of courses or training modules related to accounts receivable management
  • Agreement to adhere to a professional code of conduct as set forth by The Institute of Financial Operations
  • Passing the CARP certification examination

    • Certified Credit and Collections Manager (CCCM)

    Certification Provider
    National Association of Credit Management (NACM)
    Best For
    Credit Manager, Collections Manager, Accounts Receivable Manager, Financial Analyst with credit management focus, Risk Assessment Officer, Credit Policy Officer
    Description
    The Certified Credit and Collections Manager (CCCM) certification, offered by the National Association of Credit Management (NACM), is a prestigious credential for professionals in the credit and collections field. It validates expertise in credit policies, financial statement analysis, risk assessment, and collections strategies. The certification process involves rigorous exams and continuing education, ensuring that certified managers are equipped with up-to-date knowledge and skills to effectively manage credit and collections within an organization.
    Includes Certification
    Yes
    Time to Complete
    Price
    Prerequisites
  • A minimum of five years of experience in credit or financial management.
  • A bachelor's degree in business, finance, accounting, or a related field, or equivalent work experience.
  • Completion of the Credit Business Associate (CBA) designation, which is a prerequisite for the CCCM certification.
  • Passing the Certified Credit Executive (CCE) exam, which is part of the certification process for CCCM.
  • Membership in the National Association of Credit Management (NACM).
  • Commitment to adhere to NACM's Code of Ethics and continuing education requirements to maintain the certification.

    • Certified Receivables Compliance Professional (CRCP)

    Certification Provider
    Receivables Management Association International (RMAI)
    Best For
    Debt Collection Managers, Compliance Officers in Receivables Management, Receivables Analysts, Credit and Collections Specialists, Legal Professionals in Debt Recovery, Financial Services Consultants with Compliance Focus
    Description
    The Certified Receivables Compliance Professional (CRCP) designation, offered by the Receivables Management Association International (RMAI), is a prestigious certification for professionals in the receivables management industry. It focuses on ensuring adherence to industry standards and regulatory compliance. Candidates for the CRCP must demonstrate a comprehensive understanding of relevant laws, ethical practices, and the intricacies of receivables management. The certification process involves rigorous education, testing, and a commitment to ongoing professional development, making it a mark of expertise and dedication in the field.
    Includes Certification
    Yes
    Time to Complete
    Price
    Prerequisites
  • Membership in Receivables Management Association International (RMAI) is required.
  • A minimum of one year of experience in the receivables management industry.
  • Completion of a minimum of 24 education credits through RMAI-approved courses, with at least 12 credits from compliance-related educational offerings.
  • Passing the CRCP certification exam, which covers various topics including state and federal laws, ethics, and industry practices.
  • Agreement to abide by the RMAI Code of Ethics and the Standards of Certification for the CRCP designation.
  • Commitment to ongoing professional development, requiring the completion of 12 continuing education credits every year to maintain the certification.

    • Credit Business Associate (CBA)

    Certification Provider
    National Association of Credit Management (NACM)
    Best For
    Credit Analyst, Accounts Receivable Specialist, Credit Manager, Financial Analyst, Loan Officer, Business Credit Analyst
    Description
    The Credit Business Associate (CBA) certification, offered by the National Association of Credit Management (NACM), is a foundational credential for professionals in the credit management field. It focuses on basic financial accounting, credit principles, and business credit law, equipping candidates with the essential knowledge to manage credit and make informed lending decisions. Earning the CBA demonstrates a commitment to the credit profession and signifies a foundational understanding of credit management practices.
    Includes Certification
    Yes
    Time to Complete
    Price
    Prerequisites
  • Membership with the National Association of Credit Management (NACM) is required.
  • A minimum of a high school diploma or equivalent is necessary to enroll in the program.
  • Completion of the three required courses: Basic Financial Accounting, Business Credit Principles, and Introduction to Business Law.
  • Passing scores on the respective exams for each of the three required courses.
  • A minimum of one year of experience in the credit and financial management field is recommended but not mandatory.
  • Submission of the CBA designation application along with the application fee.

    • Certified Bookkeeper (CB)

    Certification Provider
    American Institute of Professional Bookkeepers (AIPB)
    Best For
    Bookkeepers, Accounting Clerks, Accounts Payable/Receivable Specialists, Junior Accountants, Office Managers with bookkeeping responsibilities, Freelance Bookkeepers
    Description
    The Certified Bookkeeper (CB) designation, offered by the American Institute of Professional Bookkeepers (AIPB), is a prestigious certification that demonstrates expertise in bookkeeping practices. It covers essential topics such as adjusting entries, error correction, payroll, inventory, and internal controls. Candidates must pass a rigorous exam and adhere to a code of ethics to earn the CB title. This certification is ideal for bookkeepers aiming to validate their skills, enhance their credibility, and advance their careers in the accounting field.
    Includes Certification
    Yes
    Time to Complete
    60-80 hours
    Price
    Prerequisites
  • At least two years of full-time bookkeeping experience or the part-time or freelance equivalent, which may be obtained before or after passing the examination.
  • Passing the Certified Bookkeeper examination, which consists of four parts that can be taken at any Prometric Test Center.
  • Signing the AIPB's Code of Ethics, which signifies commitment to integrity and professionalism.
  • Completion of the AIPB's work experience requirement, which includes providing a letter from your employer(s) verifying the full-time bookkeeping experience, or if self-employed or a freelancer, a letter from a client, a CPA, or a tax attorney.
  • Continuing education of 30 hours every three years to maintain the certification.
  • Membership in the American Institute of Professional Bookkeepers is recommended but not required for certification.

    • Certified Public Accountant (CPA)

    Certification Provider
    American Institute of CPAs (AICPA)
    Best For
    Public Accountants, Auditors, Tax Accountants, Financial Analysts, Controllers, Accounting Managers
    Description
    The Certified Public Accountant (CPA) certification, administered by the American Institute of CPAs (AICPA), is a prestigious credential for accounting professionals. It signifies expertise in financial management, auditing, and regulatory compliance. To earn the CPA, candidates must pass a rigorous four-part exam, meet educational requirements, and possess relevant work experience. This certification is essential for those seeking careers in public accounting or aiming to hold senior financial positions in various industries.
    Includes Certification
    Yes
    Time to Complete
    Price
    Prerequisites
  • A minimum of a bachelor's degree with 150 semester hours of education, including a certain number of hours in accounting and business-related subjects.
  • Passing the Uniform CPA Examination, which consists of four sections: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG).
  • Relevant work experience, typically one to two years under the supervision of a CPA, which varies by state.
  • Good moral character, often demonstrated through a background check.
  • Completion of an ethics exam or course as required by some state boards of accountancy.
  • Continuing professional education (CPE) credits to maintain the certification, with specific requirements varying by state.

    • Certified Management Accountant (CMA)

    Certification Provider
    Institute of Management Accountants (IMA)
    Best For
    Management Accountants, Financial Analysts, Finance Managers, Controllers, Chief Financial Officers, Accounting Managers
    Description
    The Certified Management Accountant (CMA) is a globally recognized certification offered by the Institute of Management Accountants (IMA) that signifies expertise in financial management and strategic business performance. Focused on accounting for decision-making, planning, and control, the CMA program covers topics such as financial reporting, analysis, strategic planning, and risk management. Obtaining the CMA demonstrates mastery of financial planning, analysis, control, and decision support, as well as professional ethics, making it ideal for those seeking to enhance their career in management accounting or finance.
    Includes Certification
    Yes
    Time to Complete
    300-400 hours
    Price
    Prerequisites
  • Bachelor’s degree from an accredited college or university or an equivalent degree as determined by an independent evaluation agency.
  • Two continuous years of professional experience in management accounting or financial management.
  • Membership in the Institute of Management Accountants (IMA).
  • Completion of the CMA program which includes passing both parts of the CMA exam.
  • Agreement to abide by the IMA’s Statement of Ethical Professional Practice.
  • Completion of continuing education credits to maintain certification.

    • Certified Financial Services Auditor (CFSA)

    Certification Provider
    The Institute of Internal Auditors (IIA)
    Best For
    Internal Auditors in Financial Services, Audit Managers in Banking, Insurance Auditors, Risk Assessment Analysts, Compliance Officers with Auditing Responsibilities, Financial Services Audit Consultants
    Description
    The Certified Financial Services Auditor (CFSA) is a specialized credential offered by The Institute of Internal Auditors (IIA) for audit professionals seeking to demonstrate expertise in auditing within the banking, insurance, and securities sectors. This certification validates an individual's knowledge of financial services auditing principles and practices, including regulatory environments, risk assessment, and financial services products. Earning the CFSA signifies a commitment to excellence in financial services auditing and enhances career advancement opportunities within the industry.
    Includes Certification
    Yes
    Time to Complete
    Price
    Prerequisites
  • A minimum of a Bachelor’s degree or its equivalent in finance, accounting, or a related field.
  • Two years of verifiable experience in financial services auditing or equivalent.
  • Agreement to abide by the IIA’s Code of Ethics.
  • Completion of the Certified Internal Auditor (CIA) exam or passing the CFSA examination.
  • Character reference signed by a Certified Internal Auditor (CIA) or the candidate's supervisor.
  • Continuing Professional Education (CPE) credits to maintain the certification after passing the exam.

    • Accounts Receivable Specialist Certification

    Certification Provider
    Accounts Receivable Training & Certification Program
    Best For
    Accounts Receivable Clerks, Billing Coordinators, Credit Analysts, Financial Accountants with accounts receivable focus, Collections Managers, Entry-level Finance Professionals
    Description
    The Accounts Receivable Specialist Certification, offered by the Accounts Receivable Training & Certification Program, equips professionals with the essential skills and knowledge to effectively manage and monitor accounts receivable. This certification covers topics such as invoicing, payment processing, credit management, and collections strategies. It is designed for individuals looking to enhance their expertise in maintaining accurate receivables records and improving cash flow for their organizations. Upon completion, certificate holders demonstrate a thorough understanding of accounts receivable processes and best practices.
    Includes Certification
    Time to Complete
    Price
    Prerequisites
  • A basic understanding of accounting principles and terminology
  • Experience in accounts receivable or a related finance role is recommended but not mandatory
  • Completion of any required pre-certification training or coursework provided by the certification body
  • Payment of any applicable fees for the certification program or examination
  • Agreement to adhere to any ethical standards or codes of conduct set forth by the certification provider
  • Passing the certification exam or assessment to demonstrate proficiency in the subject matter

    • Financial Operations Specialist - Accounts Receivable

    Certification Provider
    IOFM (Institute of Finance & Management)
    Best For
    Accounts Receivable Specialist, Accounts Receivable Clerk, Financial Analyst with AR experience, Billing Coordinator, Credit Manager, Collections Manager
    Description
    The Financial Operations Specialist - Accounts Receivable certification by IOFM equips professionals with the expertise to manage and optimize accounts receivable processes. This certification focuses on enhancing efficiency in invoicing, credit, collections, and cash applications. It involves rigorous training on regulatory compliance, best practices in AR management, and strategies to improve cash flow. Ideal for AR specialists seeking to validate their skills and advance their careers, this certification underscores a commitment to financial operational excellence.
    Includes Certification
    Yes
    Time to Complete
    Price
    Prerequisites
  • A minimum of 1 year of experience in accounts receivable or a related financial operations field
  • Understanding of basic financial accounting principles
  • Membership with the Institute of Finance & Management (IOFM)
  • Completion of the IOFM Financial Operations Specialist - Accounts Receivable training modules
  • Passing the certification exam administered by IOFM
  • Commitment to adhere to the IOFM's Code of Ethics

    • Certified Accounts Receivable Professional (CARP)

    Certification Provider
    The Institute of Financial Operations
    Best For
    Accounts Receivable Manager, Accounts Receivable Specialist, Credit and Collections Manager, Financial Analyst with accounts receivable focus, Accounting Supervisor, Billing Manager
    Description
    The Certified Accounts Receivable Professional (CARP) certification, offered by The Institute of Financial Operations, is a prestigious credential that signifies expertise in accounts receivable management. It focuses on enhancing the knowledge and skills necessary for professionals to effectively manage and optimize the accounts receivable process, including credit, collections, and cash flow. The certification involves rigorous coursework and an examination, ensuring that certified individuals are well-versed in the latest best practices and are capable of contributing to the financial health of their organizations.
    Includes Certification
    Time to Complete
    Price
    Prerequisites
  • A minimum of two years of experience in accounts receivable or a related field
  • A bachelor's degree in finance, accounting, or a related field, or equivalent work experience
  • Membership with The Institute of Financial Operations, if required by the certifying body
  • Completion of the CARP preparatory coursework or equivalent educational courses
  • Passing the CARP certification examination
  • Adherence to the certifying body's code of ethics and standards of professional conduct

    • Certified Credit and Collections Manager (CCCM)

    Certification Provider
    National Association of Credit Management (NACM)
    Best For
    Credit Manager, Collections Manager, Accounts Receivable Manager, Credit Analyst with 5+ years experience, Debt Recovery Manager, Credit Policy Officer
    Description
    The Certified Credit and Collections Manager (CCCM) certification, offered by the National Association of Credit Management (NACM), is a prestigious credential for professionals in the credit and collections field. This certification demonstrates expertise in credit policies, collections management, bankruptcy, credit law, and financial statement analysis. Candidates must pass a rigorous exam and meet experience requirements, ensuring they are equipped with advanced skills to improve their organization's credit and collections functions.
    Includes Certification
    Yes
    Time to Complete
    Price
    Prerequisites
  • A minimum of five years of professional experience in the credit and collections field.
  • A bachelor's degree in business, finance, accounting, or a related field, or equivalent work experience.
  • Current professional-level membership with the National Association of Credit Management (NACM).
  • Completion of the NACM's Credit Business Associate (CBA) designation, which is a prerequisite for the CCCM certification.
  • Passing the CCCM certification exam, which covers topics such as credit policy, collections techniques, bankruptcy, credit law, and financial statement analysis.
  • Adherence to the NACM's Code of Ethics.

    • Track Certifications for Free with Teal

    Certifications open doors for your career. Track and showcase them more effectively on your resume.
    Start Tracking Certifications

    Benefits of Having a Accounts Receivable Certification

    Professional Validation and Expertise: An Accounts Receivable certification is a professional endorsement of your skills and knowledge in managing a company's incoming payments and financial transactions. It demonstrates to employers that you have undergone rigorous training and assessment, validating your expertise in the field and setting you apart from those without certification.

    Comprehensive Understanding of Financial Practices: Through certification, you gain a holistic understanding of accounts receivable processes, including invoicing, ledger management, credit control, and cash flow forecasting. This comprehensive knowledge ensures you are well-equipped to optimize financial operations and contribute to the financial health of your organization.

    Career Progression and Job Marketability: Holding an Accounts Receivable certification can significantly enhance your career prospects. It showcases your dedication to the profession and can be a key factor in securing promotions, higher salaries, and preferred job opportunities in a competitive job market.

    Access to a Professional Network: Certification programs often come with membership to professional bodies and access to exclusive networks of finance professionals. This community can be a rich resource for advice, mentorship, and discovering new job opportunities, as well as staying informed about industry developments.

    Confidence in Your Capabilities: The process of earning a certification reinforces your confidence in handling accounts receivable tasks. It affirms your ability to manage financial records accurately, deal with complex transactions, and maintain compliance with financial regulations, making you a reliable asset to any finance team.

    How to Choose the Best Accounts Receivable Certification

    Choosing the right certification in the field of Accounts Receivable (AR) is a pivotal step that can enhance your expertise, credibility, and marketability. In an environment where financial acumen is paramount, the certifications you select should not only validate your skills but also position you for advancement in this specialized area of finance. The following tips are designed to guide you through the selection process, ensuring that the certification you pursue is a strategic fit for your professional development and career progression.
    • Assess Role-Specific Competencies: Identify certifications that cater to the core competencies required for Accounts Receivable roles. Look for programs that cover essential topics such as invoicing, collections, credit management, cash application, and financial reporting. A certification that enhances your proficiency in these areas will be directly applicable to your day-to-day responsibilities.
    • Industry-Specific Knowledge: Consider certifications that offer knowledge tailored to your industry. Different sectors may have unique financial practices and regulations. A certification that provides insights into the specific financial frameworks and compliance requirements of your industry will be invaluable in performing your role effectively.
    • Accreditation and Credibility: Ensure the certification is offered by a reputable organization with a track record of excellence in financial education. Recognized certifications from established accounting and finance bodies can significantly boost your professional standing and are often preferred by employers.
    • Professional Growth and Advancement: Choose a certification that aligns with your career advancement goals. If you're looking to move into a managerial position, seek certifications that include leadership and strategic financial management training. This will prepare you for higher-level responsibilities and decision-making roles within the AR domain.
    • Networking and Continuing Education: Opt for certification programs that provide opportunities for networking with finance professionals and offer continuing education resources. Being part of a professional community can lead to mentorship, job opportunities, and staying abreast of best practices and emerging trends in Accounts Receivable.

    Preparing for Your Accounts Receivable Certification

    Preparing for an Accounts Receivable certification is a strategic step towards enhancing your professional capabilities and credibility in the field of finance. As you embark on this journey, it's essential to approach your studies with a clear plan and a commitment to mastering the skills that will set you apart as an expert in managing and optimizing the receivables process. The right certification can open doors to advanced career opportunities and provide you with the tools to contribute significantly to the financial health of your organization. Here's how you can prepare effectively for your Accounts Receivable certification to ensure success and professional growth.

    Define Your Certification Goals: Before you begin, it's crucial to understand why you are seeking an Accounts Receivable certification. Are you aiming to enhance your current skill set, seeking a promotion, or looking to transition into a role with more responsibility? Perhaps you want to specialize in a niche area, such as collections or receivables analysis. Identifying your goals will help you select the right certification program and focus your efforts on the areas that will benefit your career the most.

    Develop a Comprehensive Study Schedule: Once you've chosen a certification, create a detailed study schedule that outlines your preparation from start to finish. Break down the syllabus into topics and subtopics, and allocate time for each based on their complexity and importance. Consistency is key, so set aside regular study times each day or week. Incorporate periodic reviews to reinforce your knowledge and include practice tests to gauge your understanding and readiness for the actual exam.

    Utilize Diverse Learning Resources: Don't limit yourself to the materials provided by the certification body. Expand your learning by using a variety of resources such as textbooks, online courses, webinars, and industry publications. This will give you a broader perspective on Accounts Receivable practices and keep you updated on the latest trends and technologies in the field. Additionally, consider software training if the certification includes proficiency in specific accounting or ERP systems.

    Join Professional Networks and Forums: Networking with professionals who are also pursuing or have completed Accounts Receivable certifications can be incredibly beneficial. Joining forums, LinkedIn groups, or local chapters of finance and accounting organizations can provide support, insights, and advice. Engaging in discussions and sharing experiences can help clarify concepts and offer practical strategies for applying your knowledge in the workplace.

    Apply Knowledge Practically: Theory is important, but the ability to apply what you've learned to real-world situations is what truly solidifies your expertise. Look for opportunities to implement best practices in your current role, whether it's through improving invoicing procedures, enhancing collection strategies, or analyzing receivables data for better cash flow management. Practical application not only reinforces learning but also demonstrates your growing proficiency to current or prospective employers.

    Certification FAQs for Accounts Receivables

    Is getting a Accounts Receivable certification worth it?

    An Accounts Receivable certification can be a valuable asset, particularly for those new to finance or seeking to solidify their expertise in this niche. It equips candidates with a robust understanding of credit management, billing procedures, and collection strategies, which are crucial for maintaining a company's cash flow.

    For seasoned professionals, a certification may serve as a testament to their proficiency and dedication to staying abreast of best practices. In a field where accuracy and efficiency are paramount, a certification can distinguish you in a pool of applicants and potentially lead to career advancement opportunities.

    Do you need a certification to get a job as a Accounts Receivable?

    Certification is not strictly required to secure a job in Accounts Receivable, but it can be a significant asset. It demonstrates a commitment to the profession and a mastery of key principles and practices in the field. For those new to finance or looking to bolster their resume, a certification can help bridge the gap between their existing skills and the specific demands of Accounts Receivable work.

    Employers often look for candidates with a solid understanding of accounting principles, attention to detail, and strong organizational skills. While experience is highly valued, a certification can complement your professional background and highlight your dedication to the role and the financial sector.

    Can Accounts Receivable certifications help pivoters make the transition into Finance from another career path?

    Yes, Accounts Receivable certifications can be a significant asset for those transitioning from a different career path. These certifications typically cover essential topics such as invoicing, ledger management, credit control, and cash flow strategies, equipping career changers with the specialized knowledge needed in this field. They signal to employers a dedicated effort to master the core competencies of accounts receivable, enhancing your credibility and potentially giving you an edge over other candidates. Additionally, the process of certification can expand your professional network, connecting you with experts and peers in the industry.
    Up Next

    Accounts Receivable Tools & Software

    Copy Goes Here...

    ‍
    Read About Accounts Receivable Tools & Software

    Related Certification Lists

    Accounts Receivable

    Driving financial health by managing incoming payments and customer accounts

    Learn More
    Accounts Receivable Manager

    Driving financial health by managing receivables, ensuring timely and accurate payments

    Learn More
    Bookkeeper

    Balancing financial accuracy with efficiency, ensuring fiscal health and transparency

    Learn More
    Accountant

    Navigating financial landscapes, ensuring accuracy and compliance in fiscal management

    Learn More
    Financial Analyst

    Driving financial strategies, analyzing market trends for business profitability

    Learn More
    Finance Manager

    Driving financial health and growth, steering company's fiscal decisions and strategies

    Learn More

    Start Your Accounts Receivable Career with Teal

    Tap into our full suite of job search tools to find the perfect role, customize your resumes, track your applications, prep for interviews, and land your next role in 2024.
    Sign Up & Get Started for Free
    Job Description Keywords for Resumes