Accounts Payable Analyst in Detroit, MI

Accounts Payable Analyst Job Description

An accounts payable analyst manages the company’s outgoing expenses and ensures that all invoices are processed and paid promptly and accurately. Candidates usually have a bachelor’s degree in accounting or finance and at least two to four years of experience in accounts payable or a similar field. Familiarity with accounting software is preferred.

Typical accounts payable analyst duties:

Receiving and verifying expense reports and invoices from vendors and suppliers

Processing payments to vendors per company policies

Reconciling payable reports each month to confirm that all amounts paid were accurate

Solving payment or invoice discrepancies and documentation

Ensuring credit is received for outstanding memos

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Salary for Accounts Payable Analyst in Detroit, MI

56500 - 68000

25th percentile

56500

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

62000

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

68000

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Accounts Receivable Manager

71000

81250

99500