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.
Senior Accounts Payable Specialist Overview
Senior Accounts Payable Specialist Careers
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.
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.
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.
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 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.
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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.
Senior Accounts Payable Specialist Jobs You Might Like
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Average Salary for a Senior Accounts Payable Specialist
Best Paying Cities
Recently Added Salaries
Job TitleCompany  | Company | Start Date | Salary |
|---|---|---|---|
NGL Energy Partners LP SR. Accounts Payable Specialist-Centennial Energy SR. Accounts Payable Specialist-Centennial Energy | NGL Energy Partners LP NGL Energy Partners LP | 06/25/2021 06/25/2021 | $50,08806/25/2021 $50,088 |
Randstad SR. Accounts Payable Specialist SR. Accounts Payable Specialist | Randstad Randstad | 06/18/2021 06/18/2021 | $55,00006/18/2021 $55,000 |
Randstad SR. Accounts Payable Specialist SR. Accounts Payable Specialist | Randstad Randstad | 05/15/2021 05/15/2021 | $50,08805/15/2021 $50,088 |
Randstad SR. Accounts Payable Specialist SR. Accounts Payable Specialist | Randstad Randstad | 05/15/2021 05/15/2021 | $50,08805/15/2021 $50,088 |
Robert Half Senior Accounts Payable Specialist Senior Accounts Payable Specialist | Robert Half Robert Half | 05/12/2021 05/12/2021 | $93,91505/12/2021 $93,915 |
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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
Online Courses For Senior Accounts Payable Specialist That You May Like
Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...
This course prepares the learner with the basic knowledge needed to administer the accounting for payroll...
Accounts Payable Specialist Certification with Microsoft Excel 2019...
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.
- Vendor Invoices, 21.5%
- General Ledger Accounts, 6.9%
- Expense Reports, 6.4%
- Data Entry, 5.8%
- Purchase Orders, 5.6%
- Other Skills, 53.8% See All Senior Accounts Payable Specialist Skills
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, New Jersey, Massachusetts, and New York. Senior accounts payable specialists make the most in Delaware with an average salary of $70,343. Whereas in New Jersey and Massachusetts, they would average $62,841 and $62,836, respectively. While senior accounts payable specialists would only make an average of $62,773 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
$70,343
Avg. Salary
2. New York
$62,773
Avg. Salary
3. Massachusetts
$62,836
Avg. Salary
How Do Senior Accounts Payable Specialist Rate Their Jobs?
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