Accounts Payable Specialist with Accounts Payable Skills in Toronto, Ontario Salary (Canada)

The average pay for an Accounts Payable Specialist with Accounts Payable skills in Toronto, Ontario is C$45,299 per year. Most people with this job move on to other positions after 20 years in this field. For the first five to ten years in this position, pay increases modestly, but any additional experience does not have a big effect on pay.

C$39,143 - C$51,667
C$39K
C$45K
C$52K
MEDIAN: C$45,030
10%
50%
90%
C$0C$51K
Salary C$39,143 - C$51,667
Bonus C$1,000
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).
)
C$37,241 - C$51,585
  • Country: Canada
  • Currency: CAD
  • Updated: 9 Dec 2017
  • Individuals Reporting: 32

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.

Accounts Payable Specialist Job Listings

Key Stats for Accounts Payable Specialist

Gender

Female
95 %
Male
5 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
1-4 years
23%
5-9 years
31%
10-19 years
34%
20 years or more
11%

Experience Affects Accounts Payable Specialist Salaries

Experienced
▲1%

Mid-Career
▼0%

National Average
C$45,000

Entry-Level
▼12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
95 %
Male
5 %

Years of Experience

1-4 years
23%
5-9 years
31%
10-19 years
34%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 83%
vision benefits
Vision: 70%
no benefits
None: 10%