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.

$33,969 - $55,217
$34K
$42K
$55K
MEDIAN: $42,318
10%
50%
90%

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$14.48 - $22.68
$14
$18
$23
MEDIAN: $17.99
10%
50%
90%

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$0$55K
Salary $33,969 - $55,217
Bonus $489.46 - $4,958
Profit Sharing $494.93 - $5,054
Commission $700
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).
)
$31,219 - $52,452
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 1,689
Hourly Data $0$34
Hourly Rate $14.48 - $22.68
Hourly Tips $3.96
Overtime $21.08 - $34.82
Annual Data $0$52K
Bonus $489.46 - $4,958
Commission $700
Profit Sharing $494.93 - $5,054
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).
)
$31,219 - $52,452
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 2,949

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

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

Common Career Paths for Accounts Payable Specialist


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Accounts Payable Specialist Job Listings

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: $39,900

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 New York:
"Corporate culture and work flexibility."
Pros: Corporate culture, where everybody works as a team. If you need a hand somebody will assist in any level. Working hours works great for my liking.
Cons: It is a small corporation, everybody works hand in hand. Opportunity for growth is limited.

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 DeWitt:
"Underpaid."
Pros: The data entry and analytical side.
Cons: Monotonous the tasks are very routine and lacks deep comprehension unless you are reviewing a POA document.

Accounts Payable Specialist in Charlotte:
Pros: Meeting all the elderly.
Cons: Elderly passing on.

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 Baltimore:
"Relaxed but deadline driven."
Pros: Good environment, low stress, flexible.
Cons: No upward trend, management, no over time.

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.

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 866 votes.
Less than 1 year
2%
1-4 years
27%
5-9 years
19%
10-19 years
31%
20 years or more
20%

Experience Affects Accounts Payable Specialist Salaries

▲3%

▲2%

National Average
$40,000

▼2%

▼8%

Skills That Affect Accounts Payable Specialist Salaries

▲4%




National Average
$40,000

Accounts Payable
▼2%

Paying Invoices
▼2%

Microsoft Excel
▼2%

Vendor Relations
▼2%





▼4%


▼4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 866 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
19%
10-19 years
31%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 71%
vision benefits
Vision: 61%
no benefits
None: 16%