Process Associate AP Job Description Template
The Process Associate AP will be an integral part of the accounts payable team, focusing on the efficient processing and management of vendor invoices. This role requires diligence, attention to detail, and the ability to manage multiple tasks effectively.
Responsibilities
- Process vendor invoices and payments in a timely manner
- Reconcile accounts payable transactions
- Manage and resolve vendor queries and disputes
- Assist in month-end closing activities
- Ensure compliance with financial policies and procedures
- Maintain accurate and organized records of accounts payable
- Collaborate with internal teams to ensure smooth operations
Qualifications
- Bachelor’s degree in Finance, Accounting, or related field
- 1-2 years of experience in accounts payable or similar role
- Familiarity with accounting software and ERP systems
- Strong understanding of accounting principles
- Excellent attention to detail and accuracy
- Effective communication and problem-solving skills
Skills
- Accounts Payable
- Invoice Processing
- Account Reconciliation
- ERP Systems
- Excel
- Data Entry
- Communication
- Problem-Solving
Frequently Asked Questions
A Process Associate AP, or Accounts Payable Process Associate, primarily manages invoice processing, payment transactions, and vendor management. They ensure accurate and timely processing of financial transactions. Responsibilities also include reconciling accounts, managing discrepancies, and assisting with audits, contributing to overall financial efficiency.
To become a Process Associate AP, one typically needs a high school diploma or equivalent, although a degree in finance, accounting, or a related field is preferred. Experience in accounting software, knowledge of payable processes, and attention to detail are crucial. Strong communication skills and familiarity with regulatory compliance enhance candidacy.
The average salary for a Process Associate AP varies based on location, experience, and the specific industry. Typically, it ranges based on local economic conditions, with those having more experience or specialized skills commanding higher salaries. Salaries can also differ significantly between entry-level and senior roles.
Qualifications for a Process Associate AP often include a diploma in finance or accounting, experience with accounting software, and proficiency in Microsoft Office Suite. Attention to detail, problem-solving skills, and a strong understanding of financial processes are crucial. Some employers may also require knowledge of local financial regulations.
A Process Associate AP needs strong analytical skills, attention to detail, and proficiency in financial software. Key responsibilities include managing invoices, reconciling accounts, and maintaining accurate records. Communication skills are essential for liaising with vendors and resolving discrepancies, ensuring smooth transactional processes.