FAQ about Accounts Payable/Receivable Analyst I
1. Where can an Accounts Payable/Receivable Analyst I earn the most?
An Accounts Payable/Receivable 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/Receivable Analyst I earns the most in San Jose, CA, where the annual salary of an Accounts Payable/Receivable Analyst I is $71,284.
2. What is the highest pay for Accounts Payable/Receivable Analyst I?
The highest pay for Accounts Payable/Receivable Analyst I is $65,407.
3. What is the lowest pay for Accounts Payable/Receivable Analyst I?
The lowest pay for Accounts Payable/Receivable Analyst I is $45,607.
4. What are the responsibilities of Accounts Payable/Receivable Analyst I?
Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. 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.