Overview
Accounts Payable Job Description
Accounts Payable professionals are responsible for managing the financial obligations of a company by ensuring that invoices are accurate, approved, and properly recorded. They play a key role in maintaining financial accuracy and supporting internal controls.
Key Responsibilities
- Invoice Management: Receive, review, and verify invoices for accuracy and compliance with company policies.
- Reconciliation: Reconcile accounts payable ledger with vendor statements and resolve discrepancies.
- Compliance: Ensure adherence to tax regulations (e.g., W-9, sales tax) and internal financial controls.
- Reporting: Generate reports on payables status, cash flow, and aging invoices for management review.
Required Skills & Qualifications
- Strong attention to detail and organizational skills
- Solid understanding of accounting principles
- Ability to manage multiple tasks and meet deadlines
- Excellent communication and problem-solving skills