Accounts Payable Specialist Salary

An Accounts Payable Specialist earns an average wage of $17.58 per hour. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.

$33,758 - $54,524
$34K
$42K
$55K
MEDIAN: $41,960
10%
50%
90%

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$14.26 - $22.38
$14
$18
$22
MEDIAN: $17.72
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$19K$38K$57K
Salary
$33,758 - $54,524  
   
Bonus
$493.79 - $4,882  
Profit Sharing
$500 - $5,028  
Commission
$1,100  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,833 - $51,565  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 1,665
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$14.26 - $22.38  
   
Hourly Tips
$7.92  
Overtime
$20.87 - $34.21  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$493.79 - $4,882  
   
Commission
$1,100  
Profit Sharing
$500 - $5,028  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,833 - $51,565  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 2,857

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Job Description for Accounts Payable Specialist

An accounts payable specialist works with all facets of the accounting system, principally the validation, processing, and filing of invoices. The specialist must make sure that all invoices are accurate and have been properly documented and approved by the authorizing employee prior to making a payment. Once the proper verifications and authorizations are received, the specialist is responsible for submitting payments in a timely fashion. This position also requires preparing and mailing checks, as well as verifying and procuring proper Internal Revenue Service documentation such as 1099 and W-9 forms from vendors. The specialist also files and maintains files for all invoices, accounts payable payments, and tax information for vendors.

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Accounts Payable Specialist Tasks

  • Answer inquiries from vendors, suppliers, and employees, and research discrepancies.
  • Write and send checks, recording transactions on internal systems.
  • Reconcile financial statements and forecasts, maintaining files for accounts.
  • Analyze, prioritize, code and pay bills and invoices, managing vendor or supplier expectations.
  • Make timely payments for internal vouchers and expenses.

Common Career Paths for Accounts Payable Specialist


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Accounts Payable Specialist Job Listings

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Popular Employer Salaries for Accounts Payable Specialist

Popular Skills for Accounts Payable Specialist

Pay by Experience Level for Accounts Payable Specialist

Pay by Experience for an Accounts Payable Specialist has a positive trend. An entry-level Accounts Payable Specialist with less than 5 years of experience can expect to earn an average total compensation of $37,000 based on 1,607 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Payable Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $39,000 based on 1,316 salaries. An experienced Accounts Payable Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $41,000 based on 1,676 salaries. An Accounts Payable Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $41,000 based on 798 salaries.

Pay Difference by Location

National Average: $39,442

Larger city markers indicate a job is popular in that location.

Accounts Payable Specialist Reviews

Q: What is it like working as an Accounts Payable Specialist?

Accounts Payable Specialist in Norcross:
"Accounts Payable Specialist with many hats."
Pros: The experience I am getting in my current position is great! I feel like I am always learning something new. My supervisor recognizes my talents and that I am interested in learning different things. I was promoted from an entry level position in the warehouse to accounting/inventory specialist six months after I was hired.
Cons: Because I am someone who works to accomplish the goals of the entire organization, I am constantly working in several different departments. I got a pay increase when I was promoted in March and I feel like it wasn't enough based on the knowledge I have about several different positions. Whenever other employees take a week of vacation, I usually fill in at their desk for the week and am still obviously expected to get my own job done. However, when I go on vacation, I don't have someone filling in for me! I wear several hats, and I have no problem doing this. It simply is the fact I don't feel like I am compensated for the different skills I have.

Accounts Payable Specialist in Las Vegas:
Pros: I enjoy the environment and working in the corporate office. Our accounting team consists of less than 15 people therefore allowing me to learn from other departments.
Cons: Since we are such a small accounting team, when other departments get behind most of the work is then transferred to my department. It's a continuous cycle of re-prioritizing while my main job duties get pushed behind.

Accounts Payable Specialist in Hoffman Estates:
"My Position Is Fast Paced But I Love The Culture."
Pros: I like having the option to work from home.
Cons: There is a lot of nepotism at my company.

Accounts Payable Specialist in Maryland:
"It Is Very Deadline Oriented And Results Based."
Pros: Dealing with numbers and analytical thinking.
Cons: I am over qualified for what I am doing.

Related Job Salaries

Key Stats for Accounts Payable Specialist

Gender

Female
88 %
Male
12 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 712 votes.
Less than 1 year
2%
1-4 years
28%
5-9 years
19%
10-19 years
32%
20 years or more
19%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Accounts Payable Specialist Salaries

▲5%

▲3%

National Average
$39,000

▼1%

▼7%

Skills That Affect Accounts Payable Specialist Salaries

▲5%




Paying Invoices
▼0%

National Average
$39,000

Accounts Payable
▼1%

Microsoft Excel
▼1%

Vendor Relations
▼1%





▼3%


▼3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 712 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
2%
1-4 years
28%
5-9 years
19%
10-19 years
32%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 71%
vision benefits
Vision: 60%
no benefits
None: 16%
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