What does an Accounts Payable do?
Accounts payable specialists are responsible for managing and maintaining financial records, with a particular emphasis on processing invoices and other bills. They review and reconcile invoices, obtain any necessary approvals, and initiate payment. They use a variety of AP software programs and other electronic tools to allow for fast and efficient processing and ensure accurate recordkeeping. They prepare year-end summaries, statements, and tax forms such as 1099s. They perform a range of general bookkeeping and accounting tasks.
Accounts payable specialists typically have at least a high school diploma, although additional training or education is helpful. They commonly have a background in accounting or administrative support, and ideally have experience in roles involving the processing of invoices. Proficiency with office software programs like Excel is generally expected.
How much does an Accounts Payable make?
Accounts Payable Career Path
Learn how to become an Accounts Payable, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Years of Experience Distribution
Accounts Payable Insights
“I enjoy working with people who need help and I am a very caring and personable.”
“I learned so much about this position and I was grateful enough to work with a great manager.”
“Training was sufficient and I felt like I could ask for help when I needed it”
“If you are studying or have interest in accounting it is a great position to learn and further your career.”
“I had lots of opportunities to learn all aspects of the company and I am grateful for that.”
“ABB is one of the best company I have ever seen in my life very good work cul”
“career opportunities are narrow unless you really are looking to do AP for your whole life”
“You may not add new learning to your bucket list otherwise its a very good company.”
Accounts Payable Interviews
Frequently asked questions about the roles and responsibilities of an Accounts Payable
When working as an Accounts Payable, the most common skills you will need to perform your job and for career success are Excellent Customer Service, ERP System, Microsoft Office Suite, Attention To Detail, and Excellent Communication.
- Management Accountant
- Accounting Manager
- Cost Accountant
The most common qualifications to become an Accounts Payable include a minimum of a Bachelor's Degree and an average of 0 - 1 years of experience not including years spent in education and/or training.