About this position
Accounts payable staff, also known as accounts payable specialists, are responsible for ensuring that bills are paid on time and in an efficient manner. Their duties include:
- Processing invoices: Verifying and reconciling invoices, and processing due invoices for payment
- Monitoring expenses: Tracking expenses and petty cash spending, and monitoring payroll expense claims
- Recordkeeping: Maintaining records for tax purposes, and preparing financial reports
- Vendor relationships: Establishing and maintaining relationships with vendors, and ensuring favorable purchase terms
- Reconciling accounts: Reconciling account transactions with the general ledger
- Analyzing workflow: Analyzing workflow processes and comparing purchase orders, prices, and terms of payment
- Regulatory compliance: Keeping informed of regulatory requirements and best practices in accounting