Accounts receivable salary

Accounts Payable Clerk: Job Description and Responsibilities

As an Accounts Payable Clerk, a key role within the finance function, you are responsible for managing and monitoring the organization's invoices and payments. The work includes tasks such as registering supplier and customer invoices, reconciling accounts payable and receivable, and following up on payments and reminders. Accounts Payable Clerks are part of the group of finance assistants and may also involve handling other administrative tasks within finance.

Salary for Accounts Payable Clerk

The average salary for an Accounts Payable Clerk is 35 500 kronor per month. It is worth noting that there is no gender pay gap in this professional group; both genders earn an average of 35 500 kronor. An interesting change is that the average salary has increased from 34 200 kronor to 35 500 kronor from the previous year.

Hourly Wage and Salary Variances

For those working as hourly Accounts Payable Clerks, the average hourly wage is 213 kronor, based on 166 working hours per month. Salaries can vary depending on the sector and educational level. The highest salary for a woman in the private sector with a high school education is 39600 kronor, while the highest salary for a man in the same profession is 37200 kronor. In the municipal sector, the lowest salary for a man with pre-secondary education is 27800 kronor, while the lowest salary for a woman is 30300 kronor.

Education and Qualifications

To work as an Accounts Payable Clerk, a high school education with a focus on economics or equivalent experience is usually required. Many employers value accuracy, analytical skills, and good knowledge of finance and accounting systems. Further education and certificates in finance can increase your chances of employment, and some employers offer paid training to further develop your skills.

Benefits and Working Environment

Benefits for Accounts Payable Clerks may vary depending on the employer and sector. In some cases, employers may offer the opportunity to work from home, which can be an attractive benefit for many. Other potential benefits include paid training, which can help improve your professional skills and career opportunities.

Future Prospects and Job Market

The Swedish Public Employment Service's forecasts indicate that the opportunities for work as a finance assistant, including Accounts Payable Clerks, are currently limited. Over a five-year period, demand is expected to decrease compared to today, and the recruitment situation is characterized by an excess of labor. This means that competition for jobs can be tough, and it may become more important to acquire additional qualifications or experiences to increase the chances of employment.

Challenges in the Profession

Accounts Payable Clerks may face challenges such as managing large volumes of invoices and payments within tight deadlines. Good organization and the ability to work under time pressure while maintaining accuracy and quality in work are required. The ability to adapt to changing financial systems and regulations is also important.

Summary

Working as an Accounts Payable Clerk entails a stable and important role within the finance function, with an average salary of 35 500 kronor per month and an hourly wage of 213 kronor for hourly employees. Despite the expected increase in labor market competition, there are opportunities to improve your chances of employment through further education and skill development.