Accounts Payable Specialist in Chicago, IL

Accounts Payable Specialist Job Description

Accounts payable specialists should have strong communication, problem-solving and organizational skills, as well as the ability to multitask and adjust to changing priorities. Companies expect applicants for these roles to be proficient with Microsoft Office applications, particularly Excel; familiarity with additional software is also valued. Candidates for these roles should have three to five years of relevant experience and a bachelor’s degree.

Typical accounts payable specialist duties:

Reviewing invoices for appropriate documentation and approval prior to processing

Entering and uploading invoices into accounting software

Processing invoices and check requests in an accurate and timely manner

Maintaining invoice copies, purchase orders and approvals

Researching and resolving invoice discrepancies and issues

Communicating with vendors regarding payment status, invoice requests and inquiries as needed

Providing supporting documentation for audits

Assisting with month-end closing

Researching and resolving accounts payable or accounts receivable issues with customers or vendors

Updating and reconciling the sub-ledger to the general ledger

Maintaining cash applications, account reconciliations and chargebacks

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SAP S/4HANA

Microsoft Excel

Spreadsheets

QuickBooks

Accounting Software Systems

Invoice

Accounts Payable (AP)

Vendors

Payment Processing

Check Processing

Salary for Accounts Payable Specialist in Chicago, IL

56110 - 69130

25th percentile

56110

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

63550

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

69130

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Accounts Payable Manager

81840

91140

113150

Accounts Receivable Manager

82150

94240

118420

Accounts Receivable Specialist

58280

64790

70680

Accounts Receivable Analyst

66960

74400

83700

Accounts Payable Analyst

64170

70680

78120

Accounts Receivable Clerk

50840

56730

62310

Accounts Payable Clerk

49910

55800

62310

Billing Manager/Supervisor

66030

81840

103230

Billing Coordinator/Specialist

49910

57040

66650

Billing Clerk

47740

53010

58280

Purchasing Manager – Accounting Operations

78120

94550

111600

Inventory Analyst

53940

67270

80910

Inventory Clerk

44950

51150

63240

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