Account Payable Administrator information
$13.70 - $15.14
4% of jobs
$15.14 - $16.59
5% of jobs
$16.59 - $18.03
7% of jobs
$19.18 is the 25th percentile. Wages below this are outliers.
$18.03 - $19.47
10% of jobs
$19.47 - $20.91
8% of jobs
$20.91 - $22.36
13% of jobs
The median wage is $22.62 / hr.
$22.36 - $23.80
11% of jobs
$23.80 - $25.24
14% of jobs
$25.48 is the 75th percentile. Wages above this are outliers.
$25.24 - $26.68
13% of jobs
$26.68 - $28.13
8% of jobs
$28.13 - $29.57
6% of jobs
An Accounts Payable Administrator is responsible for managing and processing a company's outgoing payments. This includes reviewing and verifying invoices, ensuring timely payments to vendors, maintaining accurate financial records, and resolving any discrepancies related to accounts payable. They also work closely with other departments to ensure compliance with company policies and financial regulations. Their role is crucial for maintaining good relationships with suppliers and supporting the organization's overall financial health.
To thrive as an Account Payable Administrator, you need a solid understanding of accounting principles, attention to detail, and proficiency in managing financial transactions, typically supported by a relevant degree or diploma. Familiarity with accounting software such as SAP, QuickBooks, or Oracle, and experience with invoice processing systems are highly valuable. Strong organizational skills, effective communication, and the ability to manage time and deadlines set exceptional candidates apart. These competencies are crucial for ensuring accurate and timely payments, maintaining vendor relationships, and supporting the overall financial integrity of the organization.
Accounts Payable Administrators often encounter challenges such as managing high volumes of invoices, ensuring data accuracy, and meeting tight payment deadlines. To effectively handle these tasks, it's essential to implement strong organizational skills, attention to detail, and proficiency with accounting software. Maintaining clear communication with vendors and internal departments also helps resolve discrepancies quickly. Adopting standardized processes and staying updated with best practices can significantly reduce errors and improve workflow efficiency.
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