How much does an Accounts Payable Specialist II make in Chicago, IL? The average Accounts Payable Specialist II salary in Chicago, IL is $62,470 as of March 26, 2024, but the range typically falls between $54,320 and $72,040. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Accounts Payable Specialist II Salary | $46,900 | Chicago,IL | March 26, 2024 |
25th Percentile Accounts Payable Specialist II Salary | $54,320 | Chicago,IL | March 26, 2024 |
50th Percentile Accounts Payable Specialist II Salary | $62,470 | Chicago,IL | March 26, 2024 |
75th Percentile Accounts Payable Specialist II Salary | $72,040 | Chicago,IL | March 26, 2024 |
90th Percentile Accounts Payable Specialist II Salary | $80,753 | Chicago,IL | March 26, 2024 |
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The Accounts Payable Specialist II maintains and reconciles accounts payable ledger to validate charges and ensure accurate and timely payments. Analyzes accounts payable transactions to ensure compliance with internal controls and accounting policies. Being an Accounts Payable Specialist II analyzes and reports buying patterns, performance indicators, and financial metrics and relays conclusions to management. Utilizes AP data to identify trends, inefficiencies, and opportunities for improvements or cost savings. In addition, Accounts Payable Specialist II communicates with vendors as needed and investigates and resolves discrepancies in billings and payments. Collaborates with adjacent departments to streamline processes and recommends improvements to accounts payable policies and procedures. May be responsible for processing payments and responding to vendor inquiries. Requires a bachelor's degree. Typically reports to a manager. Being an Accounts Payable Specialist II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as an Accounts Payable Specialist II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
4 - 7 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Accounts Payable Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Accounts Payable Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Accounts Payable Clerk I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Job Title Accounts Payable Clerk II | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Job Title Accounts Payable/Receivable Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
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Accounts Payable Specialist II Salary in popular cities: Aurora, Rockford, Joliet
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