Accounts Payable Coordinators are employed in a variety of industries, including accounting, finance, and information technology.
The job outlook for accounts payable coordinators is positive, with employment projected to grow by 10 percent from 2016 to 2026, according to the U.S. Bureau of Labor Statistics. As businesses continue to grow, they will need more accounts payable coordinators to ensure that their finances are in order.
The median annual salary for accounts payable coordinators was $40,030 in 2016, according to the BLS.
What to Include in a Accounts Payable Coordinator Cover Letter?
Roles And Responsibilities
- Manage day-to-day activities of Accounts Payable functions, including vendor invoicing processes.
- Ensure accurate posting and coding of accounts payable transactions.
- Process vendor invoices into system.
- Perform weekly check runs and ACH payments.
- Respond to vendor inquiries in a timely manner.
- Assist with month-end close procedures, including reconciliations and journal entries.
- Provide support for internal/external audit requests.
- Assist with monthly reporting requirements, including balance sheet reconciliations.
Education & Skills
Accounts Payable Coordinator Skills:
- Strong problem solving skills.
- Ability to work under pressure and meet deadlines.
- Strong interpersonal communication and customer service skills.
- Good Financial skills.
- Computer proficiency, including the ability to effectively utilize various computer programs such as Microsoft Office and accounting software systems.
Accounts Payable Coordinator Education Requirements:
- Degree in accounting or business administration would be beneficial.
- Certification is not typically required, but professional organizations like the Association of Accounting
Administrators (AAA) offer certification programs that could help develop skills and knowledge in accounts payable.
Accounts Payable Coordinator Cover Letter Example (Text Version)
Dear [Hiring Manager’s Name],
I recently came across your job posting for an Accounts Payable Coordinator at [company name] and would love to be considered for the position.
My professional experience spans a wide range of industries, including retail and manufacturing, with a focus on accounts payable coordination and leadership.
Some highlights I’ve achieved during my career include:
- Leading team members to achieve over $2 million in cost savings by streamlining processes and reducing errors in invoices. This included training new staff on proper techniques and best practices, as well as advising senior management on process improvements.
- Developing and implementing a system that reduced accounts payable processing time by 30 percent while drastically increasing accuracy.
- Coordinating with vendors to negotiate payment terms, discounts, and special pricing agreements that saved the company over $750,000 annually.
I believe that I would be a great fit as an Accounts Payable Coordinator for [company]. My previous experience with large budgets would allow me to manage your company’s budget effectively. Additionally, my experience with high-volume processing would help ensure that your company’s finances are handled efficiently.
I look forward to discussing this position with you further. Thank you for your consideration.
Sincerely,
[Your Name]
Tips
When writing your cover letter, be sure to include specific examples of how you have excelled in accounts payable. Highlight your skills and experience in managing invoices, processing payments, and maintaining vendor relationships.
Additionally, be sure to explain why you are interested in the accounts payable coordinator position and how you would be a valuable asset to the team.
Refer to our Accounts Payable Coordinator Resume Sample for more tips on how to write your resume and accompany it with a strong cover letter.
