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February 2, 2007, Newsletter Issue #13: Accounts Payable Job Description
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Tip of the Week
An Accounts Payable Job Description differs according to the job industry and job responsibilities. Most Accounts Payable jobs, however, involve working with vendor accounts, paying bills, maintaining ledger accounts, and properly recording transactions. All positions involve attention to detail, good keyboard skills, software aptitude, and an aptitude for figure work. All Accounts Payable jobs deal with only one line item of the financial statements...accounts payable.
The Accounts Payable Accountant supervises the Accounts Payable Clerk. This position is responsible for reconciling the general ledger to the subledger of A/P. They make adjusting entries, as necessary. Other duties performed by the Accounts Payable Accountant may include:
Analyzing and preparing A/P aging report Auditing vendor accounts for correctness Developing subledger A/P accounts, if needed Reporting to A/P Manager Preparing A/P reports as needed Handle collection calls Liaison between company and vendors
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