Accounts Payable Specialist in Memphis, TN

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 processing

Entering and uploading invoices into accounting software

Processing invoices and check requests in an accurate and timely manner

Maintaining invoice copies, purchase orders and approvals

Researching and resolving invoice discrepancies and issues

Communicating with vendors regarding payment status, invoice requests and inquiries as needed

Providing supporting documentation for audits

Assisting with month-end closing

Researching and resolving accounts payable or accounts receivable issues with customers or vendors

Updating and reconciling the sub-ledger to the general ledger

Maintaining cash applications, account reconciliations and chargebacks

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Salary for Accounts Payable Specialist in Memphis, TN

48240 - 59040

25th percentile

48240

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

50th percentile

52560

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

59040

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

68160

78000

95520