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Accounts Payable Administrator: Key Skills, Qualifications and Career Path

Learn about the key skills, qualifications, and career path for a Accounts Payable Administrator

On this page

– What is a Accounts Payable Administrator?

– Skills

– Qualifications & Education

– Career Path

– FAQ

What is a Accounts Payable Administrator?

An Accounts Payable Administrator is a financial professional responsible for managing all outgoing payments and bills for their company, ensuring that they are processed timely and accurately. They also handle tasks like invoice processing, daily bookkeeping records, and financial reporting which are crucial to manage a company's expenses effectively.

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Skills

Proficient in financial software and systems
Strong attention to detail and accuracy in data entry
Knowledge of accounting principles and practices
Excellent organizational and time management skills
Ability to work independently and meet deadlines
Effective communication and interpersonal skills
Analytical and problem-solving abilities
Familiarity with tax regulations and compliance
Ability to handle confidential information with discretion
Strong numerical and mathematical skills

Qualifications & Education

No formal entry requirements
Some employers may require GCSEs/S grades (including maths)
Some employers may require a relevant vocational qualification at an appropriate level

Career Path

Accounts Payable Administrator

Accounts Payable Manager

Finance Manager

Chief Financial Officer

Accounts Payable Supervisor

Finance Analyst

Financial Controller

Accounts Receivable Administrator

Credit Controller

Credit Manager

Payroll Administrator

Payroll Manager

Human Resources Manager

Bookkeeper

Accountant

Chartered Accountant

Frequently Asked Questions

Is Accounts Payable a skilled job?

Yes, Accounts Payable is considered a skilled job.

What does an Accounts Payable administrator do?

An Accounts Payable administrator in the UK is responsible for calculating the amount of money a company owes and making payments to vendors. They also manage the vendor billing system and update vendor files. Additionally, they review invoices for accuracy and work to resolve any discrepancies.

What is the job description of Accounts Payable reconciliation?

The job description of Accounts Payable reconciliation involves processing payments, verifying invoices, and reconciling all expenses to ensure accurate tracking of outgoing funds for the organization.

What skills do you need to be an Accounts Payable administrator?

The most important skills to have as an Accounts Payable Administrator in the UK are high volume processing, invoicing, accounts payable knowledge, reconciling accounts, accuracy in data entry, compliance with financial regulations, and vendor management.