Accounts payable clerks generally work for accounting firms or organizations' accounting departments, coordinating various accounts payable functions on behalf of their organization. Their duties include, among others, performing data entry, handling customer inquiries, preparing financial statements and performing vendor maintenance. In all tasks, these clerks must maintain a high degree of accuracy.Employers often encourage accounting clerks to make process improvements to make their job more efficient, and these clerks must follow their company's procedures and guidelines, as well as generally accepted accounting principles (GAAP). They also need to follow internal audit controls and work closely with internal auditors. Accounts payable clerks must keep up to date with best practices in their field, and they may be required to train new accounts payable clerks.A high school diploma or equivalent is generally required for this position, and relevant experience is generally required or preferred as well. An associate's degree in accounting or another relevant field may be preferred. Accounts payable clerks should be proficient with basic computer programs such as the Microsoft Office suite and any necessary accounting software. These clerks should have good interpersonal and communication skills, and they should be able to meet deadlines and pay close attention to detail.

According to the available data from Google, the projected growth of the Accounts Payable Clerk position in Canada is expected to be stable in the job market. The 10-year analysis suggests a consistent demand for these professionals. While specific figures regarding the job growth are not provided, there will likely be a significant number of employment opportunities available in the near future due to the consistent need for individuals skilled in managing accounts payable functions. The role of an Accounts Payable Clerk in Canada is expected to continue to be relevant and in demand, providing potential job security and opportunities for professionals in this field.

How to Learn

As an Accounts Payable Clerk with 9+ years of experience in Canada, your main responsibilities include:<ul><li> Process and verify invoices and check requests, ensuring accuracy and adherence to company policies and procedures. Review and match invoices to purchase orders and receiving documents, resolving discrepancies when necessary.</li><li> Reconcile vendor statements and resolve any issues or discrepancies in a timely manner. Communicate with vendors to address payment inquiries, resolve disputes, and maintain positive relationships.</li><li> Prepare and process payments, such as checks, wire transfers, or electronic transfers, accurately and in accordance with payment terms. Maintain detailed records of payment transactions, including supporting documents and approvals.</li><li> Maintain accurate and up-to-date accounts payable records, including filing invoices, statements, and payment documentation.</li></ul>

Roles & Responsibilities

Average take home Salary for a Accounts Payable Clerk in Canada is around C$48823 per year

Salary Breakup

A Clerk for Accounts Payable is accountable for that the processing is accurate and timely of financial transactions that relate to the payment of suppliers and vendors. This includes confirming and reconciling invoices, matching invoices and resolving any contradictions or issues that might occur. Accounting Payable Clerk keeps meticulous records, regularly updates the financial system, and effectively communicates with departments within the organization as well as external collaborators to assure the smooth running of operation. Pay attention to details, excellent organization skills, and an ability to work under deadlines is vital to succeed in this job.

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Accounts Payable Clerk

Salary Breakup

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