The role of the Accounts Payable involves providing financial, administrative and clerical support to the organisation. Their role is to complete payments and control expenses by receiving payments, plus processing, verifying and reconciling invoices. A typical Accounts Payable job description also highlights the day-to-day management of all payment cycle activities in a timely and efficient manner. An Accounts Payable professional job description can feature: Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc. Reconciling processed work by verifying entries and comparing system reports to balances Maintaining historical records Paying employees by verifying expense reports and preparing pay checks Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance Preparing analyses of accounts and producing monthly reports Continuing to improve the payment process

What skills and qualifications should an Accounts Payable have?

Whilst a degree is not mandatory f or an Accounts Payable role, an understanding of basic bookkeeping and accounting skills is required. A degree in the following subjects would be beneficial f or an Accounts Payable career: Finance or Economics Business Studies Accounting Attention to detail and data entry skills are important requirements f or an Accounts Payable job description. Employees will be interacting with employers and vendors daily, so it is imperative they are always able to interact in a professional manner. Submit your resume or request talent now and our expert recruiters will be with you shortly.Robert Half can assist you with your accounts payable staffing needs.
Accounts Payable (AP)
Concur
Data Entry
ERP - Enterprise Resource Planning
MYOB
Reporting
Xero
Salary for Accounts Payable Officer
$63,500 - $82,000
25th Percentile
$63,500
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
$72,000
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
$82,000
The applicant has above-average experience, has (nearly) all necessary skills, and may also have specialised qualifications. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Assistant Accountant $70,500 $78,500 $86,500 Accountant $95,500 $108,000 $114,500 Senior Accountant $107,500 $119,000 $132,500 Group Accountant $112,000 $127,500 $145,000 Accounts / Finance Officer $65,500 $72,000 $82,000 Accounts Payable Manager $88,000 $100,500 $116,500 Accounts Receivable Officer $69,500 $76,000 $87,500 Accounts Receivable Manager $88,500 $100,500 $114,000 Bookkeeper $73,500 $83,500 $93,500 Corporate Accountant $112,000 $127,500 $145,000 Cost Accountant $110,000 $118,000 $135,000 Financial Accountant $93,500 $103,000 $112,500 Senior Financial Accountant $116,500 $130,000 $145,500 Management Accountant $100,000 $111,000 $120,000 Senior Management Accountant $120,000 $135,000 $145,000 Project Accountant $102,500 $118,000 $137,000
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