What does an Accounts Payable do?
Accounts payable specialists are responsible for managing and maintaining financial records, with a particular emphasis on processing invoices and other bills. They review and reconcile invoices, obtain any necessary approvals, and initiate payment. They use a variety of AP software programs and other electronic tools to allow for fast and efficient processing and ensure accurate recordkeeping. They prepare year-end summaries, statements, and tax forms such as 1099s. They perform a range of general bookkeeping and accounting tasks.
Accounts payable specialists typically have at least a high school diploma, although additional training or education is helpful. They commonly have a background in accounting or administrative support, and ideally have experience in roles involving the processing of invoices. Proficiency with office software programs like Excel is generally expected.
Accounts Payable Salaries near United Kingdom
Average Base Pay
Accounts Payable Career Path
Learn how to become an Accounts Payable, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Years of Experience Distribution
Accounts Payable Insights
“Training was sufficient and I felt like I could ask for help when I needed it”
“Good training and development schemes and apprenticeships on offer to better yourself and progress your career.”
“If you are studying or have interest in accounting it is a great position to learn and further your career.”
“I have worked for the company for several years and have enjoyed the opportunities for personal growth within the business.”
“Little expectation of contribution outside of normal business hours (there are occasional special projects which require a weekend)”
“Honestly 23rd Group should be on the top 100 list of best places to work for!”
“ABB is one of the best company I have ever seen in my life very good work cul”
“career opportunities are narrow unless you really are looking to do AP for your whole life”
Accounts Payable Interviews
Frequently asked questions about the role and responsibilities of an Accounts Payable
When working as an Accounts Payable, the most common skills you will need to perform your job and for career success are Excellent Customer Service, ERP System, Microsoft Office Suite, Attention To Detail and Excellent Communication.
- Management Accountant
- Accounting Manager
- Cost Accountant
The most common qualifications to become an Accounts Payable is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.