What is a Senior Accounts Payable Associate Job?
A senior accounts payable associate job is a finance-related position that is responsible for handling the financial transactions of a company. This role specifically focuses on managing the accounts payable process, which involves recording and tracking expenses, processing invoices, and ensuring payments are made on time.
What do Senior Accounts Payable Associates Usually Do in This Position?
In this position, senior accounts payable associates have a range of responsibilities. They are responsible for managing the accounts payable process, which includes verifying and processing vendor invoices, reconciling accounts, and processing payments. They also work closely with other departments within the company, such as procurement and accounting, to ensure that financial transactions are accurate and timely. Additionally, they may be responsible for maintaining vendor relationships, resolving payment issues, and tracking expenses.
Top 5 Skills for the Position
- Attention to detail
- Strong analytical skills
- Excellent communication skills
- Proficiency in accounting software and tools
- Ability to work independently and in a team environment
How to Become a Senior Accounts Payable Associate
To become a senior accounts payable associate, you typically need to have a bachelor's degree in finance, accounting, or a related field. Some employers may also require professional certifications, such as a Certified Accounts Payable Associate (CAPA) or Certified Payroll Professional (CPP). Additionally, relevant work experience in accounting or finance is often preferred.
Average Salary
According to Glassdoor, the national average salary for a senior accounts payable associate is around $56,000 per year. However, this can vary based on factors such as location, industry, and years of experience.
Roles and Types
Senior accounts payable associates can work in a variety of industries, including healthcare, finance, and retail. They may also work in different types of organizations, such as non-profits, government agencies, or private companies. Within the role itself, there may be opportunities for advancement to positions such as accounts payable manager or financial analyst.
Locations with the Most Popular Jobs in the USA
According to ZipRecruiter, the top cities in the United States for senior accounts payable associate jobs are New York, Los Angeles, Chicago, Houston, and Atlanta. However, there are opportunities for this position in many other cities and regions as well.
What are the Typical Tools Used?
Senior accounts payable associates typically use a variety of accounting software and tools to perform their duties. This may include software such as QuickBooks, SAP, or Oracle. Additionally, they may use tools such as spreadsheets, databases, and financial reporting software.
In Conclusion
Overall, a senior accounts payable associate job is a vital role within a company's finance department. It requires a combination of technical skills, attention to detail, and strong communication skills to effectively manage the accounts payable process. With the right education, experience, and qualifications, this can be a rewarding and lucrative career path.