FAQ about Accounts Payable Analyst I
1. Where can an Accounts Payable Analyst I earn the most?
An Accounts Payable Analyst I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, an Accounts Payable Analyst I earns the most in San Jose, CA, where the annual salary of an Accounts Payable Analyst I is $69,771.
2. What is the highest pay for Accounts Payable Analyst I?
The highest pay for Accounts Payable Analyst I is $62,678.
3. What is the lowest pay for Accounts Payable Analyst I?
The lowest pay for Accounts Payable Analyst I is $45,925.
4. What are the responsibilities of 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. 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. 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. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.