Accounts Payable job description guide

Accounts Payable Salary Guide

Are you a hiring manager or changing jobs? Download the Robert Half Salary Guide and view salary benchmarking data for Accounts Payable and Finance and accounting trends.

The role of the Accounts Payable involves providing financial, administrative and clerical support to the organisation. Their role is to complete payments and control expenses by receiving payments, plus processing, verifying and reconciling invoices. A typical Accounts Payable job description also highlights the day-to-day management of all payment cycle activities in a timely and efficient manner.

Accounts Payable duties and responsibilities of the job

As a vital team member of the finance team, it’s important that an Accounts Payable job description includes:

  • Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
  • Reconciling processed work by verifying entries and comparing system reports to balances
  • Maintaining historical records
  • Paying employees by verifying expense reports and preparing pay checks
  • Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit
  • Responding to vendor enquiries regarding finance
  • Preparing analyses of accounts and producing monthly reports
  • Continuing to improve the payment process

Accounts Payable job qualifications and requirements

Whilst a degree isn’t mandatory for an Accounts Payable role, an understanding of basic bookkeeping and accounting skills is required. A degree in the following subjects would be beneficial for an Accounts Payable career:

  • Finance or Economics
  • Business Studies
  • Accounting

Attention to detail and data entry skills are important requirements for an Accounts Payable job description. Employees will be interacting with employers and vendors on a daily basis, so it is imperative they are able to interact on a professional manner at all times.

Robert Half are one of the leading accounting and finance recruitment agencies. View our latest Accounts Payable jobs here.

Assistant Finance Manager, Private Equity
Singapore
SGD70,000.00 - SGD85,000.00 / annum
Permanent
Finance Manager (US MNC)
Singapore
SGD8,000.00 - SGD9,500.00 / month
Permanent
AP Executive (1 year contract - SAP)
Singapore
SGD2,800.00 - SGD3,500.00 / month
Temporary
Regional Costing Manager
Singapore
SGD90,000.00 - SGD120,000.00 / annum
Permanent
Finance Manager, Costing
Singapore
SGD110,000.00 - SGD130,000.00 / annum
Permanent
Chief Financial Officer (SGX-listed, Manufacturing)
Singapore
SGD250,000.00 - SGD300,000.00 / annum
Permanent
Senior Finance Manager (Property Investment)
Singapore
SGD90,000.00 - SGD130,000.00 / annum
Permanent
Assistant Treasury Manager/Treasury Manager
Singapore
SGD70,000.00 - SGD85,000.00 / annum
Permanent
Trade Finance / Treasury Executive (West)
Singapore
SGD2,500.00 - SGD2,800.00 / month
Permanent
See more jobs
Success