– 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; generally responding to all vendor enquiries regarding finance
– Preparing analyses of accounts and producing monthly reports