Accounts Receivable & Accounts Payable Specialist Jobs

Explore a wide range of Accounts Receivable & Accounts Payable Specialist jobs and discover a dynamic career at the heart of any successful business. An Accounts Receivable (AR) and Accounts Payable (AP) Specialist is a financial professional responsible for managing the complete cycle of money flowing in and out of a company. This dual-role position is critical for maintaining healthy cash flow, ensuring financial obligations are met, and safeguarding the company's financial integrity. Professionals in this field are the backbone of the accounting department, ensuring that vendors are paid accurately and on time, and that customer invoices are issued and collected promptly. The typical responsibilities for an AR & AP Specialist are comprehensive and vital. On the Accounts Payable side, this involves processing a high volume of vendor invoices, verifying their accuracy through processes like two and three-way matching (comparing invoices to purchase orders and receiving documents), and securing necessary internal approvals. Specialists execute payment runs, which can include issuing checks, and processing electronic payments via ACH or wire transfers. They are also responsible for reconciling vendor statements and maintaining meticulous records of all transactions. On the Accounts Receivable side, the role focuses on generating and sending out customer invoices, applying customer payments to the correct accounts, and diligently managing the collections process for overdue payments. A key function is regularly reconciling customer accounts and preparing detailed aging reports for management, providing a clear picture of outstanding receivables. To excel in Accounts Receivable & Accounts Payable Specialist jobs, certain skills and qualifications are universally sought after. Employers typically look for candidates with a solid understanding of basic accounting principles and proven experience in both AR and AP functions. Technical proficiency is a must, including strong competency in accounting software or Enterprise Resource Planning (ERP) systems, such as Oracle or similar platforms, and advanced skills in Microsoft Excel for data management and reporting. The nature of the work demands an exceptional eye for detail to prevent costly errors, alongside superb organizational skills to manage multiple deadlines in a fast-paced environment. Strong communication and interpersonal skills are essential for resolving discrepancies with vendors, coordinating with internal teams for approvals, and interacting with customers regarding their accounts. For those with a methodical mind and a passion for precision, Accounts Receivable & Accounts Payable Specialist jobs offer a stable, rewarding, and always-in-demand career path with opportunities for growth into senior accounting and finance roles.