OUR SERVICES: BILLING
Accounts Payable Clerk
What does an Accounts Payable Clerk do?
An Accounts Payable Clerk is responsible for handling various tasks related to the accounts payable process within an organization. This includes processing invoices from vendors, managing payments and communication with vendors, verifying and processing employee expense reports, reconciling accounts payable transactions, and ensuring adherence to financial regulations and internal controls. Their role is essential in maintaining accurate financial records, managing vendor relationships, and contributing to efficient financial operations.
Tier 1 |
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1 to 2 years of experience |
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Tier 2 |
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3 to 5 years of experience |
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Tier 3 |
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> 5 years of experience |
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ABOUT THE ROLE
Roles and Responsibilities
- Expertise in bookkeeping, including bank reconciliations and accounts payable and receivable.
- Strong understanding of financial statements and their use in analyzing business performance, including balance sheets, income statements, and cash flow statements
- Excellent knowledge of accounting standards, principles, and procedures
- Preparing a trial balance for the accountants
- Preparing financial reports by collecting, analyzing, and summarizing accounting for information
- Supporting the clients with a consultative mindset
Day-to-Day Duties
- General Ledger/ Balance Sheet Reconciliations
- Running payroll and generating invoices
- Journal entries and general ledger accounting.
- Proficiency with QuickBooks, Excel, and other accounting software programs
- Maintaining records of financial transactions
SKILLS AND TOOLS
Tools
Education
Common Educational Backgrounds and Careers for this Role:
- Public Accounting
- Business administration
- Forensic Finance
- Bookkeeping
- Financial Management
- Associate’s Degree
- Bachelor’s Degree
- Business Management
- Mathematics
- Economics
CANDIDATES TESTS
Tests & Evaluations for Candidates
QuickBooks
QuickBooks Online (UK and US version) test to hire8/10
Bookkeepers, accountants, financial clerks, financial managers, business and clerical administrators.
GAAP
Use the Financial accounting (US GAAP) test to hire8/10
Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.
IFRS
Use the Financial accounting (IFRS) test to hire8/10
Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.