What is the average Accounts Payable Analyst salary for Springfield, IL?
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As of April 24, 2024, the average Accounts Payable Analyst salary in Springfield, IL is $79,747. The chart below represents localized salaries for some of our most popular Accounts Payable Analyst job titles in Springfield, IL. Salaries can vary greatly depending on numerous factors, including position, location, years of experience, and level of education. Salary.com’s team of Certified Compensation Professionals analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to compile a range of salaries for various Accounts Payable Analyst job titles in Springfield, IL. Apply your personal criteria to one of the job titles below to get your personalized salary estimate.
Accounts Payable Analyst Salaries in Springfield, IL
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Accounts Payable Analyst I | $51,499 | $24.76 | Springfield, IL | April 24, 2024 |
| Accounts Payable Analyst III | $68,165 | $32.77 | Springfield, IL | April 24, 2024 |
| Accounts Payable Analyst II | $56,494 | $27.16 | Springfield, IL | April 24, 2024 |
| Accounts Payable/Receivable Analyst II | $59,288 | $28.50 | Springfield, IL | April 24, 2024 |
| Accounts Payable/Receivable Analyst III | $71,102 | $34.18 | Springfield, IL | April 24, 2024 |
| Accounts Payable/Receivable Analyst IV | $82,187 | $39.51 | Springfield, IL | April 24, 2024 |
| Accounts Payable/Receivable Analyst I | $54,446 | $26.18 | Springfield, IL | April 24, 2024 |
| Accounts Payable Supervisor | $71,444 | $34.35 | Springfield, IL | April 24, 2024 |
| Accounts Payable Manager | $99,596 | $47.88 | Springfield, IL | April 24, 2024 |
| Accounts Payable Senior Supervisor | $83,689 | $40.24 | Springfield, IL | April 24, 2024 |
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Analyzes accounts payable transactions to ensure compliance with internal controls and accounting policies. Maintains and reconciles accounts payable ledger to validate charges and ensure accurate and timely payments. Utilizes AP data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Analyzes and reports buying patterns, performance indicators, and financial metrics and relays conclusions to management. Communicates with vendors as needed and investigates and resolves discrepancies in billings and payments. Collaborates with adjacent departments to streamline processes and recommends improvements to accounts payable policies and procedures. May be responsible for processing payments and responding to vendor inquiries. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Accounts Payable Analyst I Salaries in Springfield, ILAlternate Job Titles:Accounts Payable Specialist I, AP Analyst I, Billing and Payables Analyst I, Accounts Payable Analyst I
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Analyzes accounts payable transactions to ensure compliance with internal controls and accounting policies. Maintains and reconciles accounts payable ledger to validate charges and ensure accurate and timely payments. Utilizes AP data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Analyzes and reports buying patterns, performance indicators, and financial metrics and relays conclusions to management. Communicates with vendors as needed and investigates and resolves discrepancies in billings and payments. Collaborates with adjacent departments to streamline processes and recommends improvements to accounts payable policies and procedures. May be responsible for processing payments and responding to vendor inquiries. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Accounts Payable Analyst III Salaries in Springfield, ILAlternate Job Titles:Accounts Payable Specialist III, AP Analyst III, Billing and Payables Analyst III, Accounts Payable Analyst III
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Analyzes accounts payable transactions to ensure compliance with internal controls and accounting policies. Maintains and reconciles accounts payable ledger to validate charges and ensure accurate and timely payments. Utilizes AP data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Analyzes and reports buying patterns, performance indicators, and financial metrics and relays conclusions to management. Communicates with vendors as needed and investigates and resolves discrepancies in billings and payments. Collaborates with adjacent departments to streamline processes and recommends improvements to accounts payable policies and procedures. May be responsible for processing payments and responding to vendor inquiries. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. Accounts Payable Analyst II Salaries in Springfield, ILAlternate Job Titles:Accounts Payable Specialist II, AP Analyst II, Billing and Payables Analyst II, Accounts Payable Analyst II
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Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. Accounts Payable/Receivable Analyst II Salaries in Springfield, ILAlternate Job Titles:Accounts Payable/Receivable Specialist II, AP/AR Analyst II, Payables/Receivables/Billing Analyst II, Accounts Payable/Receivable Analyst II
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Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Accounts Payable/Receivable Analyst III Salaries in Springfield, ILAlternate Job Titles:Accounts Payable/Receivable Specialist III, AP/AR Analyst III, Payables/Receivables/Billing Analyst III, Accounts Payable/Receivable Analyst III
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Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. Accounts Payable/Receivable Analyst IV Salaries in Springfield, ILAlternate Job Titles:Accounts Payable/Receivable Specialist IV, AP/AR Analyst IV, Payables/Receivables/Billing Analyst IV, Accounts Payable/Receivable Analyst IV
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Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Accounts Payable/Receivable Analyst I Salaries in Springfield, ILAlternate Job Titles:Accounts Payable/Receivable Specialist I, AP/AR Analyst I, Payables/Receivables/Billing Analyst I, Accounts Payable/Receivable Analyst ICategories : Entry Level , Accounting , Administrative, Support, and Clerical , Banking , Financial Services
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Responsible for supervising and guiding the day-to-day operational activities of an accounts payable function. Maintains and reconciles accounts payable ledger to validate charges and ensure accurate and timely payments. Prepares and evaluates applicable accounting reports to identify trends, inefficiencies, and opportunities for cost-savings and relays the conclusions to management. Implements standard operating procedures to maintain accurate financial records and compliance with accounting policies. Investigates and resolves discrepancies in billings and payments. Requires a bachelor's degree. Typically reports to a manager. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. Accounts Payable Supervisor Salaries in Springfield, ILAlternate Job Titles:AP Operations Supervisor, Billing and Payables Supervisor, Accounts Payable SupervisorCategory : Accounting
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Manages accounts payable functions to ensure compliance with internal controls and accounting policies. Ensures timely payments of vendor invoices and expense vouchers and maintains accurate financial records and control reports. Routinely reviews applicable accounting reports to identify trends, inefficiencies, and opportunities for improvements or cost-savings. Reviews and evaluates the accounts payable register to ensure accuracy. Designs and implements standard policies and procedures to ensure accurate and compliant accounts payable records. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. Accounts Payable Manager Salaries in Springfield, ILAlternate Job Titles:AP Operations Manager, Billing and Payables Manager, Accounts Payable ManagerCategory : Accounting
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Responsible for supervising and guiding the day-to-day operational activities of an accounts payable function. Maintains and reconciles accounts payable ledger to validate charges and ensure accurate and timely payments. Prepares and evaluates applicable accounting reports to identify trends, inefficiencies, and opportunities for cost-savings and relays the conclusions to management. Implements standard operating procedures to maintain accurate financial records and compliance with accounting policies. Investigates and resolves discrepancies in billings and payments. Requires a bachelor's degree. Typically reports to a manager. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. Accounts Payable Senior Supervisor Salaries in Springfield, ILAlternate Job Titles:AP Operations Senior Supervisor, Billing and Payables Senior Supervisor, Accounts Payable Senior Supervisor