Accounts payable analysts ensure that invoice processing for their organization is timely, accurate, and complete. They are also in charge of auditing and processing travel and expense reimbursement submissions, as well as make sure that all check, debit and credit accounts are resolved effectively. They must also maintain and organize all payment records by saving them electronically and filing any necessary paper documentation. In all tasks, these analysts must follow all organizational policies and regulations. Generally, accounts payable analysts work full time in an office setting. Physical requirements of this job are typically minimal, requiring long hours spent typing at a computer and using the telephone. There is generally no travel associated with the accounts payable analyst position.
Basic requirements for accounts payable analyst positions typically include at least two years' experience in accounts payable, as well as proficiency with basic computer software. While a bachelor's degree in a related field is generally not required, it is strongly preferred by most employers. They must also possess excellent written and oral communication skills. Additionally, they must work well in a team environment and independently with minimal supervision. Accounts payable analysts should have strong organizational and interpersonal skills as well.
Accounts Payable Analyst Tasks
Maintain vendor files.
Prepare payment checks and obtain authorizations.
Participate in Accounts Payable monthly close process.
Batch, code and prepare and issue invoices and bills according the guidelines.
Reconcile invoices, bills and verify balances to general ledger.