As a Senior Accounts Payable Specialist, you will oversee payouts and review financial transactions. You may also process payment invoices, create financial reports, and coordinate with other finance staff members. You will also need to be able to discuss and resolve problems and discrepancies in finances with vendor inquiries, research invoice copies and check billing documentation. You will need to manage other financial processes as needed.
Senior Accounts Payable Specialists need to be able to manage staff, train new employees within accounting departments, delegate work as needed. Usually, senior accounts payable specialists work in an office, but due to circumstances, they may be able to work remotely.
To become a senior accounts payable specialist, you will need a bachelor's degree in accounting, business, or a financial field. You will also need experience in accounts payable as a clerk, office manager, or accounting clerk. The median salary for a senior accounts payable specialist is $50,000 per year.
There is more than meets the eye when it comes to being a senior accounts payable specialist. For example, did you know that they make an average of $24.31 an hour? That's $50,572 a year!
Between 2018 and 2028, the career is expected to grow -4% and produce -65,800 job opportunities across the U.S.
There are certain skills that many senior accounts payable specialists 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, integrity and detail oriented.
When it comes to the most important skills required to be a senior accounts payable specialist, we found that a lot of resumes listed 21.5% of senior accounts payable specialists included vendor invoices, while 6.9% of resumes included general ledger accounts, and 6.4% of resumes included expense reports. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the senior accounts payable specialist job title. But what industry to start with? Most senior accounts payable specialists actually find jobs in the manufacturing and health care industries.
If you're interested in becoming a senior accounts payable specialist, one of the first things to consider is how much education you need. We've determined that 43.4% of senior accounts payable specialists have a bachelor's degree. In terms of higher education levels, we found that 4.6% of senior accounts payable specialists have master's degrees. Even though some senior accounts payable specialists have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a senior accounts payable specialist. When we researched the most common majors for a senior accounts payable specialist, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on senior accounts payable specialist resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a senior accounts payable specialist. In fact, many senior accounts payable specialist jobs require experience in a role such as accounts payable clerk. Meanwhile, many senior accounts payable specialists also have previous career experience in roles such as accounting clerk or accounts payable supervisor.