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
53014 -
64883
25th percentile
53014
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
57761
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
64883
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
