What is the average Accounts Payable Analyst salary for Somerset, NJ?
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As of March 26, 2024, the average Accounts Payable Analyst salary in Somerset, NJ is $82,012. The chart below represents localized salaries for some of our most popular Accounts Payable Analyst job titles in Somerset, NJ. 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 Somerset, NJ. Apply your personal criteria to one of the job titles below to get your personalized salary estimate.
Accounts Payable Analyst Salaries in Somerset, NJ
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Accounts Payable Analyst III | $80,900 | $38.89 | Somerset, NJ | March 26, 2024 |
| Accounts Payable Analyst II | $67,051 | $32.24 | Somerset, NJ | March 26, 2024 |
| Accounts Payable Analyst I | $61,118 | $29.38 | Somerset, NJ | March 26, 2024 |
| Accounts Payable/Receivable Analyst I | $64,621 | $31.07 | Somerset, NJ | March 26, 2024 |
| Accounts Payable/Receivable Analyst III | $84,388 | $40.57 | Somerset, NJ | March 26, 2024 |
| Accounts Payable/Receivable Analyst IV | $97,545 | $46.90 | Somerset, NJ | March 26, 2024 |
| Accounts Payable/Receivable Analyst II | $70,364 | $33.83 | Somerset, NJ | March 26, 2024 |
| Accounts Payable Clerk III | $63,178 | $30.37 | Somerset, NJ | March 26, 2024 |
| Accounts Payable Clerk I | $51,511 | $24.77 | Somerset, NJ | March 26, 2024 |
| Accounts Payable Senior Supervisor | $99,331 | $47.76 | Somerset, NJ | March 26, 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 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 Somerset, NJ
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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 Somerset, NJ
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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 Somerset, NJ
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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 Somerset, NJCategories : Entry Level , Accounting , Administrative, Support, and Clerical , Banking , Financial Services
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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 Somerset, NJ
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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 Somerset, NJ
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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 Somerset, NJAlternate Job Titles:AP/AR Analyst, Payables/Receivables/Billing Analyst, Accounts Payable/Receivable Analyst II
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Supports the day-to-day operational activities of an accounts payable department. Reviews purchase orders, statements, and invoices to verify amounts owed. Records and processes payments for vendor invoices in accordance with internal accounting policies and oversees payment schedules. Maintains and reconciles accounts payable ledger to validate charges and ensure accurate and timely payments. Responds to vendor inquiries and assists with the research of any discrepancies in billings and payments. May utilize accounting software and systems to manage invoices and payments. Requires a high school diploma. Typically reports to a supervisor. Works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Typically requires 3-5 years of related experience. Accounts Payable Clerk III Salaries in Somerset, NJ
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Supports the day-to-day operational activities of an accounts payable department. Reviews purchase orders, statements, and invoices to verify amounts owed. Records and processes payments for vendor invoices in accordance with internal accounting policies and oversees payment schedules. Maintains and reconciles accounts payable ledger to validate charges and ensure accurate and timely payments. Responds to vendor inquiries and assists with the research of any discrepancies in billings and payments. May utilize accounting software and systems to manage invoices and payments. Requires a high school diploma. Typically reports to a supervisor. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. Accounts Payable Clerk I Salaries in Somerset, NJCategories : Accounting , Administrative, Support, and Clerical , Banking , Entry Level , 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 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 Somerset, NJ