Accounts Payable Analyst I Salary in Springfield, Illinois

Accounts Payable Analyst I analyzes accounts payable transactions to ensure compliance with internal controls and accounting policies. Maintains and reconciles accounts payable ledger to validate charges and ensure accurate and timely payments. Being an Accounts Payable Analyst I utilizes AP data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Analyzes and reports buying patterns, performance indicators, and financial metrics and relays conclusions to management. Additionally, Accounts Payable Analyst I 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. The Accounts Payable Analyst I work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Accounts Payable Analyst I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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