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.
How to Become a Senior Accounts Payable Specialist
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 $26.24 an hour? That's $54,585 a year!
Between 2018 and 2028, the career is expected to grow -4% and produce -65,800 job opportunities across the U.S.
What Does a Senior Accounts Payable Specialist Do
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.
How To Become a Senior Accounts Payable Specialist
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 51.5% of senior accounts payable specialists have a bachelor's degree. In terms of higher education levels, we found that 5.2% of senior accounts payable specialists have master's degrees. Even though most 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.
Senior Accounts Payable Specialist Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a senior accounts payable specialist can determine their career goals through the career progression. For example, they could start out with a role such as accounts payable supervisor, progress to a title such as accounts payable manager and then eventually end up with the title accounts payable manager.
Average Salary for a Senior Accounts Payable Specialist
What Am I Worth?
Top Colleges for Senior Accounts Payable Specialists
1. University of Pennsylvania
Philadelphia, PA • Private
2. Northwestern University
Evanston, IL • Private
3. University of Southern California
Los Angeles, CA • Private
4. SUNY at Binghamton
Vestal, NY • Private
5. Villanova University
Villanova, PA • Private
6. San Diego State University
San Diego, CA • Private
7. Bentley University
Waltham, MA • Private
8. SUNY Farmingdale
Farmingdale, NY • Private
9. Boston University
Boston, MA • Private
10. SUNY Stony Brook
Stony Brook, NY • Private
Top Skills For a Senior Accounts Payable Specialist
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, 21.5% of senior accounts payable specialists listed vendor invoices on their resume, but soft skills such as computer skills and integrity are important as well.
Choose From 10+ Customizable Senior Accounts Payable Specialist Resume templates
Zippia allows you to choose from different easy-to-use Senior Accounts Payable Specialist templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Senior Accounts Payable Specialist resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Senior Accounts Payable Specialist Demographics
Senior Accounts Payable Specialist Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among senior accounts payable specialists, 84.8% of them are women, while 15.2% are men.
- The most common race/ethnicity among senior accounts payable specialists is White, which makes up 71.9% of all senior accounts payable specialists.
- The most common foreign language among senior accounts payable specialists is Spanish at 50.0%.
Online Courses For Senior Accounts Payable Specialist That You May Like
Subsidiary ledgers for accounts receivable & accounts payable. Special Journals - Sales journal, purchases journal...
Avoid common mistakes and pitfalls when it comes to Accounts Payable. No more fraud, incorrect payments or voided checks...
Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...
Best States For a Senior Accounts Payable Specialist
Some places are better than others when it comes to starting a career as a senior accounts payable specialist. The best states for people in this position are Delaware, Alaska, Massachusetts, and New York. Senior accounts payable specialists make the most in Delaware with an average salary of $70,921. Whereas in Alaska and Massachusetts, they would average $69,664 and $68,655, respectively. While senior accounts payable specialists would only make an average of $68,390 in New York, 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. Delaware
$70,921
Avg. Salary
2. District of Columbia
$75,877
Avg. Salary
3. New York
$68,390
Avg. Salary
How Do Senior Accounts Payable Specialist Rate Their Jobs?
3.0
3.0
Senior Accounts Payable Specialist • December 2019What do you like the most about working as Senior Accounts Payable Specialist?
learn about more about the company projects and what are the costs on these projects. Show MoreWhat do you NOT like?
The process is still too manual, not efficient. Show MoreTop Senior Accounts Payable Specialist Employers
Most Common Employers For Senior Accounts Payable Specialist
| Rank  | Company  | Average Salary  | Hourly Rate  | Job Openings  |
|---|---|---|---|---|
| 1 | Dell | $71,711 | $34.48 | 5 |
| 2 | Visa | $66,373 | $31.91 | 4 |
| 3 | United Therapeutics | $62,152 | $29.88 | 4 |
| 4 | Ernst & Young | $61,130 | $29.39 | 3 |
| 5 | Lockheed Martin | $59,890 | $28.79 | 4 |
| 6 | BAE Systems | $59,512 | $28.61 | 5 |
| 7 | Occidental Petroleum | $56,998 | $27.40 | 7 |
| 8 | Wright Medical Technology | $56,638 | $27.23 | 3 |
| 9 | ALZA Corporation | $56,615 | $27.22 | 3 |
| 10 | Robert Half | $56,496 | $27.16 | 42 |
Senior Accounts Payable Specialist Videos
