Accounts Payable Supervisor Salary in Elgin, Illinois

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Average Salary for Accounts Payable Supervisor in Elgin, Illinois

The average salary of a(n) Accounts Payable Supervisor in Elgin, Illinois is $72,347.

The average hourly rate of a(n) Accounts Payable Supervisor in Elgin, Illinois is $34.78.

The average bonus of a(n) Accounts Payable Supervisor in Elgin, Illinois is $2,474.00.

Job Description:

Supervises and coordinates accounts payable activities of processing and payment of invoices in a timely fashion, proper matching of purchasing and receiving documents, correct distribution to general ledger expense accounts, timely and accurate payments that make full use of available discounts, and proper filing and storage of records. Plans work schedules, assigns duties, and evaluates work for accuracy, neatness, and conformance to policies. Prepares guidelines for proper coding of invoices to general ledger expense accounts and updates to inventory records. Monitors cash flow reports and checks to ensure that all discounts are taken and that accurate and timely payments are made. Reviews checks and vouchers to verify correct payments before signature by controller. Reconciles subsidiary vendors' ledger with accounts payable total and with general ledger. Prepares general ledger entries as required to correct errors. Supervises timely and accurate preparation of purchase journals and budget reports. Compiles and prepares reports and records required by management or governmental agencies. Less

Supervises and coordinates accounts payable activities of processing and payment of invoices in a timely fashion, proper matching of purchasing and receiving documents, correct distribution to general ledger expense accounts, timely and accurate payments that make full use of available... More

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