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Accounts Payable Specialist

Accounts Payable Specialist Job Description

Accounts payable specialists should have strong communication, problem-solving and organizational skills, as well as the ability to multitask and adjust to changing priorities. Companies expect applicants for these roles to be proficient with Microsoft Office applications, particularly Excel; familiarity with additional software is also valued. Candidates for these roles should have three to five years of relevant experience and a bachelor’s degree.

Typical accounts payable specialist duties:

Reviewing invoices for appropriate documentation and approval prior to processingEntering and uploading invoices into accounting softwareProcessing invoices and check requests in an accurate and timely mannerMaintaining invoice copies, purchase orders and approvalsResearching and resolving invoice discrepancies and issuesCommunicating with vendors regarding payment status, invoice requests and inquiries as neededProviding supporting documentation for auditsAssisting with month-end closingResearching and resolving accounts payable or accounts receivable issues with customers or vendorsUpdating and reconciling the sub-ledger to the general ledgerMaintaining cash applications, account reconciliations and chargebacks

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Salary for Accounts Payable Specialist
50250 - 61500
25th percentile
50250
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
54750
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
61500
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Accounts Receivable Manager 71000 81250 99500 Accounts Receivable Analyst 58750 65000 73000 Accounts Receivable Specialist 53250 58500 62000 Accounts Receivable Clerk 43250 50500 56500 Accounts Payable Manager 68750 78250 96750 Accounts Payable Analyst 56500 62000 68000 Accounts Payable Clerk 42500 48250 53750 Billing Manager/Supervisor 58750 71500 89500 Billing Specialist 43250 50250 58250 Billing Clerk 41500 46750 51750 Purchasing Manager 65500 79250 93500 Purchasing Assistant 41750 47250 55000 Inventory Analyst 47000 58750 70500 Inventory Clerk 38750 44000 54000

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