Accounts Payable Officer
Manage payments and expenses for an organisation as part of a finance team.
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Jobs on SEEK right now
Job growth
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Projected job growth in 5 years
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Typical salary
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What's it like to be an Accounts Payable Officer?
An Accounts Payable Officer is responsible for finalising payments and managing expenses for items sold and services provided to customers or clients. They may also manage the payment cycle for employees of the organisation.
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Tasks and duties
- Reviewing, processing, verifying and reconciling all payments and expenditures including payroll, invoices, superannuation and purchase orders.
- Preparing monthly financial reports and expense statements.
- Addressing and resolving financial queries from clients, suppliers and staff.
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Accounts Payable Officers are important members of a finance team. They work in a range of settings such as educational institutions, finance and accounting firms, building and construction companies, within the health industry and non-profit organisations.People with skills in data entry, an interest in financial matters, a keen eye for detail and excellent organisational skills are well suited to a career as an Accounts Payable Officer.
How to become an Accounts Payable Officer
- Gain experience in the field with an entry-level position or alternatively, undertake qualifications in finance or economics, accounting, business or commerce. This may be a course such as a Diploma of Accounting (FNS50217) or a Bachelor of Accounting.
- Investigate whether you also need skills in software such as MYOB and Xero.
- There are multiple opportunities for Accounts Payable Officers who wish to further their career, such as working up to senior or managerial roles or to an Assistant Accountant position.
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Is Accounts Payable Officer the right role for me?
How do Accounts Payable Officers rate their role?
Average ratings calculated from 65 Accounts Payable Officers surveyed on SEEK.
Work-life balance
4.1
Job satisfaction
3.8
Career progression opportunities
3.4
Job security
3.7
Pay / Salary
3.4
Variety of work
3.6
Job market trends for Accounts Payable Officers
Location
Projected job growth
National increase over next 5 years
2021
2026
Source: National Skills Commission. Accounting Clerks
Source: SEEK job ads and SEEK role reviews
Latest Accounts Payable Officer reviews
Latest reviews from 57 Accounts Payable Officers surveyed on SEEK.
All
Positive
Negative
May 2021
Accounts Payable can be easy and hard but learning to adapt makes it worth it
Reviewer's Qualification
Bachelor of Business
Experience
5 – 9 years
Organisation size
Medium (20-199 employees)
Specialisation
Accounts Payable
The good things
Structure in tasks, autonomy, learning new things along the way and being able to make changes/improvements
The challenges
Policies in place in most businesses differ so making sure to be able to adapt and know what you are doing and expected is a challenge. This is in terms of work being reviewed, how often payments are ...
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Nov 2018
Accounts payable is great for those that like to build on familiarity to gain company knowledge
Reviewer's Qualification
Diploma of Psychology
Experience
1 – 4 years
Organisation size
Large (200+ employees)
Specialisation
Foreign accounts
The good things
Processing and QC of data for budget
Cost control
Detail orientated data or summary for future budgets
Linking and information relevant to assets
The challenges
Integration of systems
Limitations of system work flows
Database management
Training of staff for consistency
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Source: SEEK job ads and SEEK Profile data