Accounts Payable Specialist in Indianapolis Salary

An Accounts Payable Specialist in Indianapolis, Indiana earns an average wage of $16.38 per hour. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.

$33,977 - $52,851
$34K
$37K
$53K
MEDIAN: $37,297
10%
50%
90%

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$14.73 - $20.96
$15
$17
$21
MEDIAN: $16.75
10%
50%
90%

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$0$52K
Salary $33,977 - $52,851
Bonus $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).
)
$31,183 - $46,445
  • Country: United States
  • Currency: USD
  • Updated: 17 Nov 2017
  • Individuals Reporting: 12
Hourly Data $0$24
Hourly Rate $14.73 - $20.96
Overtime $23.79
Annual Data $0$46K
Bonus $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).
)
$31,183 - $46,445
  • Country: United States
  • Currency: USD
  • Updated: 17 Nov 2017
  • Individuals Reporting: 24

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.

About Indianapolis, Indiana

Marion County, Indiana
848,423
Male:
410,615 (48.4%)
Female:
437,808 (51.6%)
Indianapolis (pronounced /ˌɪndiəˈnæpəlɪs/), is the capital and largest city of the U.S. state of Indiana and the seat of Marion County. It is in the East North Central region of the Midwestern United States. With an estimated population of 853,173 in 2015, Indianapolis is the second most populous city in the Midwest, after Chicago, and 14th largest in the U.S. The city is the economic and cultural center of the Indianapolis metropolitan area, home to 2 million people, the 34th most populous metropolitan statistical area in the U.S. Its combined statistical area ranks 26th, with 2.4 million inhabitants. Indianapolis covers 372 square miles (963.5 km²), making it the 16th largest city by land area in the U.S. Founded in 1821 as a planned city for the new seat of the government of Indiana, Indianapolis was platted by Alexander Ralston and Elias Pym Fordham on a 1-square-mile (2.6 km2) grid adjacent to the White...
Indianapolis:
$41,278
Indiana:
$50,532
$807
Indianapolis:
$123,500
Indiana:
$131,000
5.6%

Accounts Payable Specialist Job Listings

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 $35,000 based on 18 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 $35,000 based on 7 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 $38,000 based on 13 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 $38,000 based on 8 salaries.

Key Stats for Accounts Payable Specialist

Gender

Female
90 %
Male
10 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 10 votes.
Less than 1 year
3%
1-4 years
39%
5-9 years
11%
10-19 years
33%
20 years or more
14%

Experience Affects Accounts Payable Specialist Salaries

Late-Career
▲5%

Experienced
▲3%

National Average
$37,000

▼5%

Mid-Career
▼5%

Skills That Affect Accounts Payable Specialist Salaries

Vendor Relations
▲5%

Microsoft Office
▲3%

National Average
$37,000

Customer Service
▼1%

Accounts Payable
▼3%

Microsoft Excel
▼3%

Microsoft Word
▼3%

Paying Invoices
▼4%

Data Entry
▼4%

Data Processing
▼4%

Accounts Receivable
▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 10 votes.

Gender

Female
90 %
Male
10 %

Years of Experience

Less than 1 year
3%
1-4 years
39%
5-9 years
11%
10-19 years
33%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 79%
vision benefits
Vision: 71%
no benefits
None: 18%