Accounts Payable Officer in Melbourne

What is Accounts Payable Officer?

The role of the Accounts Payable involves providing financial, administrative and clerical support to the organisation. Their role is to complete payments and control expenses by receiving payments, plus processing, verifying and reconciling invoices. A typical Accounts Payable job description also highlights the day-to-day management of all payment cycle activities in a timely and efficient manner.

Accounts Payable Officer job description

An Accounts Payable professional job description can feature: Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc. Reconciling processed work by verifying entries and comparing system reports to balances Maintaining historical records Paying employees by verifying expense reports and preparing pay checks Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance Preparing analyses of accounts and producing monthly reports Continuing to improve the payment process

What skills and qualifications should an Accounts Payable have?

Whilst a degree is not mandatory f or an Accounts Payable role, an understanding of basic bookkeeping and accounting skills is required. A degree in the following subjects would be beneficial f or an Accounts Payable career: Finance or Economics Business Studies Accounting Attention to detail and data entry skills are important requirements f or an Accounts Payable job description. Employees will be interacting with employers and vendors daily, so it is imperative they are always able to interact in a professional manner.

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Salary for Accounts Payable Officer in Melbourne
66675 - 86100
25th Percentile
66675
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
75600
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
86100
The applicant has above-average experience, has (nearly) all necessary skills, and may also have specialised qualifications. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Assistant Accountant 74025 82425 90825 Accountant 100275 113400 120225 Senior Accountant 112875 124950 139125 Group Accountant 117600 133875 152250 Accounts / Finance Officer 68775 75600 86100 Accounts Payable Manager 92400 105525 122325 Accounts Receivable Officer 72975 79800 91875 Accounts Receivable Manager 92925 105525 119700 Bookkeeper 77175 87675 98175 Corporate Accountant 117600 133875 152250 Cost Accountant 115500 123900 141750 Financial Accountant 98175 108150 118125 Senior Financial Accountant 122325 136500 152775 Management Accountant 105000 116550 126000 Senior Management Accountant 126000 141750 152250 Project Accountant 107625 123900 143850

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