Accounts Payable Specialist in Minneapolis, MN

Accounts Payable Specialist Job Description

Accounts payable specialists should have strong communication, problem-solving and organizational skills, as well as the ability to multitask and adjust to changing priorities. Companies expect applicants for these roles to be proficient with Microsoft Office applications, particularly Excel; familiarity with additional software is also valued. Candidates for these roles should have three to five years of relevant experience and a bachelor’s degree.

Typical accounts payable specialist duties:

Reviewing invoices for appropriate documentation and approval prior to processingEntering and uploading invoices into accounting softwareProcessing invoices and check requests in an accurate and timely mannerMaintaining invoice copies, purchase orders and approvalsResearching and resolving invoice discrepancies and issuesCommunicating with vendors regarding payment status, invoice requests and inquiries as neededProviding supporting documentation for auditsAssisting with month-end closingResearching and resolving accounts payable or accounts receivable issues with customers or vendorsUpdating and reconciling the sub-ledger to the general ledgerMaintaining cash applications, account reconciliations and chargebacks

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Salary for Accounts Payable Specialist in Minneapolis, MN
48418 - 59653
25th percentile
48418
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
54838
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
59653
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Accounts Payable Manager 70620 78645 97638 Accounts Receivable Manager 70888 81320 102185 Accounts Receivable Specialist 50290 55908 60990 Accounts Receivable Analyst 57780 64200 72225 Accounts Payable Analyst 55373 60990 67410 Accounts Receivable Clerk 43870 48953 53768 Accounts Payable Clerk 43068 48150 53768 Billing Manager/Supervisor 56978 70620 89078 Billing Coordinator/Specialist 43068 49220 57513 Billing Clerk 41195 45743 50290 Purchasing Manager – Accounting Operations 67410 81588 96300 Inventory Analyst 46545 58048 69818 Inventory Clerk 38788 44138 54570

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