Accounts Payable Officer in Sydney

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 Sydney

67945 - 87740

25th Percentile

67945

The applicant has limited or no experience in the position and is still developing their skills.

Demand: Low

50th Percentile

77040

The applicant has an average level of experience and has most of the necessary skills.

Demand: Moderate

75th Percentile

87740

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

75435

83995

92555

Accountant

102185

115560

122515

Senior Accountant

115025

127330

141775

Group Accountant

119840

136425

155150

Accounts / Finance Officer

70085

77040

87740

Accounts Payable Manager

94160

107535

124655

Accounts Receivable Officer

74365

81320

93625

Accounts Receivable Manager

94695

107535

121980

Bookkeeper

78645

89345

100045

Corporate Accountant

119840

136425

155150

Cost Accountant

117700

126260

144450

Financial Accountant

100045

110210

120375

Senior Financial Accountant

124655

139100

155685

Management Accountant

107000

118770

128400

Senior Management Accountant

128400

144450

155150

Project Accountant

109675

126260

146590

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