Accounts Payable Accountant Job Description Template
The Accounts Payable Accountant will be responsible for managing the company's financial obligations to vendors and suppliers, ensuring all payments are processed accurately and on time. This role requires strong attention to detail, excellent organizational skills, and the ability to handle a high volume of transactions.
Responsibilities
- Process and verify invoices for accuracy.
- Maintain and update vendor files.
- Prepare and execute weekly payment runs.
- Reconcile accounts payable transactions.
- Monitor aging reports and manage vendor inquiries.
- Ensure compliance with company policies and procedures.
- Assist with month-end closing activities.
- Collaborate with internal departments to resolve discrepancies.
Qualifications
- Bachelor's degree in Accounting or Finance.
- 2-4 years of experience in accounts payable or a similar role.
- Strong understanding of accounting principles and practices.
- Proficiency in accounting software and Microsoft Office Suite.
- Attention to detail and ability to maintain a high level of accuracy.
- Excellent communication and interpersonal skills.
Skills
- Accounts Payable
- Reconciliation
- Vendor Management
- Excel
- Accounting Software
- Time Management
- Problem Solving
- Analytical Thinking
Frequently Asked Questions
An Accounts Payable Accountant is responsible for managing and processing invoices, ensuring all financial transactions are accurate and compliant. This role involves verifying supplier information, maintaining payment records, and preparing reports. They also handle and resolve payment discrepancies and coordinate with vendors for accurate invoice management.
To become an Accounts Payable Accountant, one typically needs a degree in accounting or finance. Candidates should have strong analytical skills and attention to detail. Familiarity with accounting software, such as SAP or QuickBooks, is crucial. Internships or entry-level positions in accounting departments can provide valuable experience.
The average salary for an Accounts Payable Accountant can vary based on factors such as location, experience, and company size. Typically, they earn a competitive wage that corresponds with their experience in handling financial records and their understanding of bookkeeping principles. Salary surveys and industry reports can provide current average figures.
An ideal Accounts Payable Accountant should possess a degree in accounting or a related field. Certification in accounting or bookkeeping, such as CPA or CMA, is beneficial. Key qualifications include proficiency in accounting software, strong numerical skills, and a high level of accuracy. Experience in finance environments is also advantageous.
An Accounts Payable Accountant needs excellent organizational and analytical skills to manage financial data accurately. Essential responsibilities include processing invoices, reconciling payable ledger balances, and ensuring timely payments. They must resolve vendor discrepancies, maintain precise financial records, and possess strong communication skills to liaise effectively with both internal teams and external suppliers.