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Accounts Payable Specialist: Duties and Qualifications
Job description
Accounts Payable Specialist is responsible for the financial processing of transactions for the Company. Their duties include daily bookkeeping and record keeping, financial reporting and the preparation of tax records for financial audits and tax season, reconcile and verify invoices within the finance department of the Company, responsible for paying company bills.
Accounts Payable Specialist Duties and Responsibilities
Accounts Payable Specialists assist companies with invoicing and billing. Key duties and responsibilities of an Accounts Payable Specialist include:
· Managing accounts payable using accounting software and other programs.
· Handling accounts payable for separate entities and vendors.
· Analyzing workflow processes.
· Establishing and maintaining relationships with new and existing vendors.
· Ensuring bills are paid in a timely and accurate manner while adhering to departmental procedures.
· Comparing purchase orders, prices, terms of payment and other charges.
· Processing transactions and performing accounting duties such as account maintenance, recording entries and reconciling books of accounts.
Accounts Payable Specialist skills and qualifications
· Accounts Payable Specialist will have a mix of organizational and analytical skills.
· Able to work easily with numbers.
· Generate reports and find discrepancies as well as cost-saving opportunities.
· Basic data entry skills.
· Comfortable with math and calculations.
· Good listening and communication skills.
· Attention to detail.
Accounts Payable Specialist education and experience
· This position requires at least a high school diploma and have at least 3 years of experience in accounting.
· Bachelor’s degree in finance, accounting or experience in Accounts Payable.
· Competence in financial and bookkeeping software is necessary.
· Knowledge of Excel.
· Generating and writing reports for record-keeping and presentations.
· Experience with general ledgers is a must.
Job Type: Full-time
Job Type: Full-time
Benefits:
Experience level:
Schedule:
Work Location: In person
Full Time
$43k-55k (estimate)
05/14/2024
05/16/2024
michaelmabraham.com
<25
The job skills required for Accounts Payable Specialist include Accounts Payable, Accounting, Data Entry, General Ledger, Bookkeeping, Accounting Software, etc. Having related job skills and expertise will give you an advantage when applying to be an Accounts Payable Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Accounts Payable Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Accounts Payable Specialist positions, which can be used as a reference in future career path planning. As an Accounts Payable Specialist, it can be promoted into senior positions as an Accounts Payable Clerk III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Accounts Payable Specialist. You can explore the career advancement for an Accounts Payable Specialist below and select your interested title to get hiring information.
If you are interested in becoming an Accounts Payable Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Accounts Payable Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Accounts Payable Specialist job description and responsibilities
Accounts payable specialists spend most of their day multitasking and need to prioritize tasks to ensure they complete their work on time.
12/08/2021: Santa Cruz, CA
Reconciled bank statements with accounts receivables ledgers to assure accurate financial reporting and correct foreign currency exchange rates.
12/31/2021: Pueblo, CO
Work with Maintenance team to ensure all maintenance expenditures are correctly allocated for payment.
01/01/2022: Riverside, CA
Learn and maintain comprehensive knowledge of the Accounts Payable software modules.
12/19/2021: Gainesville, FL
Prepare analysis of accounts/statements, reconcile payments, and ensure payments are up to date.
12/23/2021: South Bend, IN
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Accounts Payable Specialist jobs
Soft skills like Teamwork, Time Management, Analytical Skills, Negotiation and Leadership are essential for Accounts Payable Specialist roles and jobs.
02/17/2022: Grand Forks, ND
Accounts payable specialists are key members of any organization, ensuring bills and commitments are paid on time, accurately, and completely.
01/12/2022: Troy, NY
Many of the tasks performed by accounts payable specialists can be completed by computers more efficiently.
02/07/2022: Boston, MA
Review all paperwork for accuracy and proper authorizations as required by Finance Policies and Procedures.
02/22/2022: El Paso, TX
Current and aspiring accounts payable specialists use a range of both hard and soft skills.
03/02/2022: Troy, NY
Step 3: View the best colleges and universities for Accounts Payable Specialist.