Accounts Payable Specialist Salary in India

Accounts Payable Specialist job description

Job Title: Accounts Payable Specialist

Overview/Summary of the role:

An Accounts Payable Specialist plays a crucial role in managing a company's financial records by ensuring all the bills, expenses, and invoices are paid accurately and on time. They are responsible for managing the accounts payable process, ensuring compliance with accounting standards and company policies.

Responsibilities and Duties:

- Receiving, processing, and verifying invoices, and matching them with appropriate purchase orders and receipts.

- Entering, coding, and processing invoices into the accounting system.

- Reconciling accounts payable transactions and ensuring prompt payment to vendors.

- Resolving discrepancies in amounts or terms and conditions of invoices or purchase orders.

Accounts Payable Specialist interview questions

Interviewer: Hello, thank you for coming in today. Can you tell me a little about your background and experience in accounts payable?

Candidate: Absolutely. I have over five years of experience in accounts payable, working for a variety of companies across industries. I have experience processing invoices, reconciling accounts, and handling vendor inquiries.

Interviewer: Can you discuss your experience with accounting software? Which systems are you familiar with?

Candidate: I have experience using a variety of accounting software, including Quickbooks, SAP, and Oracle. I am comfortable learning and adapting to new systems as needed.

Interviewer: How do you prioritize your workload when faced with multiple deadlines?

Candidate: I prioritize based on urgency and importance, making sure to communicate with my supervisor or vendor if I need more time to complete a task. I also make sure to keep a detailed record of my progress to ensure I'm on track to meet my goals.

Accounts Payable Specialist Salaries by cities in India

The highest salary for Accounts Payable Specialist in India can be found in Delhi, followed by Gurgaon 2nd, and Coimbatore 3rd.