Accounts Payable Specialist in Memphis, TN

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 Memphis, TN

43440 - 53520

25th percentile

43440

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

50th percentile

49200

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

75th percentile

53520

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

63360

70560

87600

Accounts Receivable Manager

63600

72960

91680

Accounts Receivable Specialist

45120

50160

54720

Accounts Receivable Analyst

51840

57600

64800

Accounts Payable Analyst

49680

54720

60480

Accounts Receivable Clerk

39360

43920

48240

Accounts Payable Clerk

38640

43200

48240

Billing Manager/Supervisor

51120

63360

79920

Billing Coordinator/Specialist

38640

44160

51600

Billing Clerk

36960

41040

45120

Purchasing Manager – Accounting Operations

60480

73200

86400

Inventory Analyst

41760

52080

62640

Inventory Clerk

34800

39600

48960

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Accounts Payable Specialist

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