Accounts Payable Specialist in Boston, Massachusetts Salary

The average rate for an Accounts Payable Specialist in Boston, Massachusetts is $20.94 per hour.

$40,268 - $61,878
$40K
$50K
$62K
MEDIAN: $49,888
10%
50%
90%

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$15.08 - $27.55
$15
$20
$28
MEDIAN: $20.13
10%
50%
90%

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$0$61K
Salary $40,268 - $61,878
Bonus $900
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).
)
$32,851 - $59,251
  • Country: United States
  • Currency: USD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 26
Hourly Data $0$27
Hourly Rate $15.08 - $27.55
Overtime $24.27
Annual Data $0$59K
Bonus $900
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).
)
$32,851 - $59,251
  • Country: United States
  • Currency: USD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 36

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 Boston, Massachusetts

Suffolk County, Massachusetts
669,469
Male:
322,149 (48.1%)
Female:
347,320 (51.9%)
Boston (pronounced /ˈbɒstən/ BOSS-tən) is the capital and most populous city of the Commonwealth of Massachusetts in the United States. Boston is also the seat of Suffolk County, although the county government was disbanded on July 1, 1999. The city proper covers 48 square miles (124 km2) with an estimated population of 667,137 in 2015, making it the largest city in New England and the 23rd most populous city in the United States. The city is the economic and cultural anchor of a substantially larger metropolitan area called Greater Boston, home to 4.7 million people and the tenth-largest metropolitan statistical area in the country. Greater Boston as a commuting region is home to 8.1 million people, making it the sixth-largest combined statistical area in the United States. One of the oldest cities in the United States, Boston was founded on the Shawmut Peninsula in 1630 by Puritan settlers from England. It was the scene...
Boston:
$58,263
Massachusetts:
$70,628
$1,423
Boston:
$453,000
Massachusetts:
$352,100
4.6%

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 $37,000 based on 10 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 $46,000 based on 18 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 $49,000 based on 15 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 $52,000 based on 5 salaries.

Key Stats for Accounts Payable Specialist

Gender

Female
89 %
Male
11 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.
1-4 years
27%
5-9 years
18%
10-19 years
40%
20 years or more
15%

Experience Affects Accounts Payable Specialist Salaries

Late-Career
▲12%

▲6%

National Average
$47,000

Mid-Career
▼1%

Entry-Level
▼21%

Skills That Affect Accounts Payable Specialist Salaries

Vendor Relations
▲6%

Accounts Payable
▲3%

Accounts Receivable
▲3%

National Average
$47,000

Customer Service
▼3%

Data Processing
▼3%

Microsoft Office
▼10%


Data Entry
▼14%

Microsoft Excel
▼18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.

Gender

Female
89 %
Male
11 %

Years of Experience

1-4 years
27%
5-9 years
18%
10-19 years
40%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 65%
vision benefits
Vision: 50%
no benefits
None: 19%