1. University of Pennsylvania
Philadelphia, PA • Private
In-State Tuition
$55,584
Enrollment
10,764
Accounts payable associates are in charge of managing activities for a department or an organization. They receive, process, organize, and record invoices as necessary.
A day in the life of an accounts payable associate invoices inputting data from invoices into company records. They may also generate and mail out refunds. In some organizations, the role of an accounts payable associate extends to managing paychecks. They send payroll check reports to supervisors for approval and then deliver them to the concerned employees.
Other responsibilities include organizing remittances, confirming account details, and resolving issues with transactions. The accounts payable associates may also offer guidance to accountants and help process reimbursements.
To become an accounts payable associate, you need a degree in accounting or a related field. You'll also need up to four years of accounting and accounts payable experience. Required skills include efficiency with the phone, proficiency with MS office packages, and strong organizational skills.
There are certain skills that many accounts payable associates have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, detail oriented and integrity.
If you're interested in becoming an accounts payable associate, one of the first things to consider is how much education you need. We've determined that 50.4% of accounts payable associates have a bachelor's degree. In terms of higher education levels, we found that 4.9% of accounts payable associates have master's degrees. Even though most accounts payable associates have a college degree, it's possible to become one with only a high school degree or GED.
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of accounts payable clerk you might progress to a role such as accountant eventually. Later on in your career, you could end up with the title assistant controller.
What Am I Worth?
The role of an accounts payable associate includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general accounts payable associate responsibilities:
There are several types of accounts payable associate, including:
Accounts Payable Clerks are responsible for check financial records for accuracy. A lot of the work is also known as bookkeeping. Most generally, you'll be working in an office setting, but occassionally you'll get to visit clients at their place of work. A change of scenary might be nice.
You'll probably want some postsecondary education experience under your belt if you're going to try to become an accounts payable clerk. But you'll also be able to learn some on-the-job so keep that in mind. The big takeaway here is that you'll want some basic math and computer skills so that you can perform your work effortlessly.
As keeper of the books, er sorry, we mean bookkeeper, you're in charge of all things financial records. From creating the records in the first place to checking them for accuracy, you've got a lot of math on your hands.
Speaking of math, you'll probably need some postsecondary education to become a bookkeeper. Math will be a good starting point, but you'll also want to be familiar with certain bookkeeping software and other computer skills. While it's great to have some experience and knowledge before you secure the job, you will learn a lot through on-the-job training.
The majority of your work will be in the office. But depending on where you're employed as a bookkeeper, you may have to travel to clients' sites as well. The majority of your work can be completed in solitude so no group projects here. Isn't it time they ban those types of projects anyway?
Most accountants look at numbers all day. Accounting clerks do so much more. In fact, they're in charge of making sure the financial records are kept up-to-date, as well as being responsible for typing up reports.
You might need a little training at first, especially with the accounting software programs. Those programs can be a little tricky to understand, but after a little practice, you'll get the hang of it.
It's pretty well-known that accountants have a "busy season." Well, as an accounting clerk, don't start thinking you're in the clear from that. Taxes need to be filed at the same time each year and the number of financial documents that you'll keep organized will keep you very busy for much of the year.
Mouse over a state to see the number of active accounts payable associate jobs in each state. The darker areas on the map show where accounts payable associates earn the highest salaries across all 50 states.
Rank | State | Number of Jobs | Average Salary |
---|---|---|---|
1 | California | 1,839 | $45,977 |
2 | Texas | 1,050 | $37,003 |
3 | Florida | 944 | $35,449 |
4 | New York | 774 | $44,082 |
5 | Illinois | 667 | $40,012 |
6 | Pennsylvania | 581 | $43,051 |
7 | Massachusetts | 473 | $46,693 |
8 | Ohio | 457 | $37,051 |
9 | Virginia | 445 | $42,104 |
10 | Georgia | 440 | $37,776 |
11 | New Jersey | 418 | $44,127 |
12 | Colorado | 369 | $40,278 |
13 | North Carolina | 357 | $34,416 |
14 | Washington | 354 | $42,661 |
15 | Minnesota | 344 | $42,672 |
16 | Arizona | 334 | $38,728 |
17 | Michigan | 334 | $39,551 |
18 | Maryland | 327 | $36,998 |
19 | Tennessee | 317 | $36,811 |
20 | Oregon | 290 | $41,455 |
21 | Missouri | 264 | $34,106 |
22 | Indiana | 261 | $36,242 |
23 | Wisconsin | 248 | $38,487 |
24 | Kentucky | 195 | $33,793 |
25 | Connecticut | 188 | $46,043 |
26 | Utah | 151 | $31,708 |
27 | Iowa | 144 | $34,941 |
28 | Alabama | 129 | $34,681 |
29 | South Carolina | 127 | $33,137 |
30 | Kansas | 125 | $35,614 |
31 | Arkansas | 117 | $36,403 |
32 | Nebraska | 104 | $34,756 |
33 | Nevada | 98 | $33,709 |
34 | Louisiana | 95 | $38,778 |
35 | Oklahoma | 87 | $35,570 |
36 | New Hampshire | 78 | $39,126 |
37 | Delaware | 72 | $37,666 |
38 | Idaho | 69 | $35,223 |
39 | Montana | 67 | $35,156 |
40 | New Mexico | 64 | $36,033 |
41 | Maine | 53 | $36,323 |
42 | Rhode Island | 51 | $43,093 |
43 | North Dakota | 43 | $40,131 |
44 | Mississippi | 38 | $31,301 |
45 | West Virginia | 36 | $27,990 |
46 | Vermont | 35 | $43,441 |
47 | Alaska | 30 | $47,076 |
48 | Hawaii | 27 | $38,226 |
49 | South Dakota | 22 | $33,536 |
50 | Wyoming | 13 | $35,248 |
Philadelphia, PA • Private
In-State Tuition
$55,584
Enrollment
10,764
Evanston, IL • Private
In-State Tuition
$54,568
Enrollment
8,451
Los Angeles, CA • Private
In-State Tuition
$56,225
Enrollment
19,548
Vestal, NY • Private
In-State Tuition
$9,808
Enrollment
13,990
Villanova, PA • Private
In-State Tuition
$53,308
Enrollment
6,819
San Diego, CA • Private
In-State Tuition
$7,488
Enrollment
30,018
Waltham, MA • Private
In-State Tuition
$49,880
Enrollment
4,177
Farmingdale, NY • Private
In-State Tuition
$8,306
Enrollment
9,394
Boston, MA • Private
In-State Tuition
$53,948
Enrollment
17,238
Stony Brook, NY • Private
In-State Tuition
$9,625
Enrollment
17,407
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.3% of accounts payable associates listed customer service on their resume, but soft skills such as computer skills and detail oriented are important as well.
Zippia allows you to choose from different easy-to-use Accounts Payable Associate templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Accounts Payable Associate resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
1. Financial Accounting Subsidiary Ledgers & Special Journals
Subsidiary ledgers for accounts receivable & accounts payable. Special Journals - Sales journal, purchases journal...
2. Accounting 101: Accounts Payable Best Practices For 2022
Avoid common mistakes and pitfalls when it comes to Accounts Payable. No more fraud, incorrect payments or voided checks...
3. Accounts Payable in SAP
Learn Accounts Payable sub-module of SAP FICO in this step-by-step training course. Become a successful SAP Consultant...
Some places are better than others when it comes to starting a career as an accounts payable associate. The best states for people in this position are Alaska, Massachusetts, Connecticut, and California. Accounts payable associates make the most in Alaska with an average salary of $47,076. Whereas in Massachusetts and Connecticut, they would average $46,693 and $46,043, respectively. While accounts payable associates would only make an average of $45,977 in California, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. Connecticut
$46,043
Avg. Salary
2. Massachusetts
$46,693
Avg. Salary
3. California
$45,977
Avg. Salary
Rank | Company | Average Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
1 | Devon Energy | $54,291 | $26.10 | 13 |
2 | UPS | $48,649 | $23.39 | 22 |
3 | Pfizer | $47,327 | $22.75 | 14 |
4 | Ralph Lauren | $43,329 | $20.83 | 16 |
5 | Lehigh Hanson | $41,930 | $20.16 | 15 |
6 | Stanley Black & Decker | $41,771 | $20.08 | 15 |
7 | Sysco | $41,599 | $20.00 | 20 |
8 | Kforce | $41,253 | $19.83 | 12 |
9 | Americold | $41,236 | $19.82 | 12 |
10 | Walmart | $40,346 | $19.40 | 18 |