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Accounts Payable Analyst in Detroit, MI

Accounts Payable Analyst Job Description

An accounts payable analyst manages the company’s outgoing expenses and ensures that all invoices are processed and paid promptly and accurately. Candidates usually have a bachelor’s degree in accounting or finance and at least two to four years of experience in accounts payable or a similar field. Familiarity with accounting software is preferred.

Typical accounts payable analyst duties:

Receiving and verifying expense reports and invoices from vendors and suppliersProcessing payments to vendors per company policiesReconciling payable reports each month to confirm that all amounts paid were accurateSolving payment or invoice discrepancies and documentationEnsuring credit is received for outstanding memos

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Salary for Accounts Payable Analyst in Detroit, MI
56500 - 68000
25th percentile
56500
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
62000
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
68000
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Accounts Receivable Manager 71000 81250 99500 Accounts Receivable Analyst 58750 65000 73000 Accounts Receivable Specialist 53250 58500 62000 Accounts Receivable Clerk 43250 50500 56500 Accounts Payable Manager 68750 78250 96750 Accounts Payable Specialist 50250 54750 61500 Accounts Payable Clerk 42500 48250 53750 Billing Manager/Supervisor 58750 71500 89500 Billing Specialist 43250 50250 58250 Billing Clerk 41500 46750 51750 Purchasing Manager 65500 79250 93500 Purchasing Assistant 41750 47250 55000 Inventory Analyst 47000 58750 70500 Inventory Clerk 38750 44000 54000

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