Accounts Payable

Functions

• Accounts payable clerk
• Accounts payable supervisor

Description

Accounts payable professions perform duties inherent to the operating debts the company is required to pay. They check and compile invoices and reconcile supplier account statements.

Duties

> Accounts payable clerk

• File and enter invoices in the system
• Compare invoices, receiving slips and purchase orders to make sure that quantities, descriptions and prices match
• Check and reconcile supplier account statements
• Issue and send drafts and cheques
• Track credits
• Follow up problem invoices
• Be in contact with suppliers
• Control expense reports

> Accounts payable supervisors

Supervisors oversee accounts payable clerks. Several years of experience in accounts payable are required to hold this type of job.

Skills

Accounts payable professionals must be independent, organized and responsible. They must have good analytical skills and communicate easily.

Employers generally expect a high level of proficiency with office software and relevant accounting software.

The job of supervisor requires personnel supervisory skills.

Salary

• Accounts payable clerk: between $31,500 and $42,000 a year
• Accounts payable supervisor: between $48,000 and $64,000 a year