Accounts Payable (A/P) Administrator Salary
Women account for the majority of Accounts Payable Administrators in the United States. The entire group has an average salary of $16.55 per hour. In the world of Accounts Payable Administrators, total cash compensation can vary between $28K and $52K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $5K and $5K, respectively. Geographic location and experience level each impact pay for this group, with the former having the largest influence. Work is enjoyable for Accounts Payable Administrators, who typically claim high levels of job satisfaction. While some workers in this profession — approximately one-fourth — do not have any health coverage, a fair number do receive medical benefits and more than half have dental insurance. The information for this snapshot was generated by responses to the PayScale salary survey.
|Salary||$30,087 - $54,099|
|Bonus||$0.00 - $4,596|
|Profit Sharing||$0.00 - $4,913|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$28,078 - $51,705|
|Hourly Rate||$12.72 - $22.20|
|Overtime||$17.41 - $33.95|
|Bonus||$0.00 - $4,596|
|Profit Sharing||$0.00 - $4,913|
|Total Pay (||$28,078 - $51,705|
Job Description for Accounts Payable (A/P) Administrator
Accounts payable (A/P) administrators (or managers) are responsible for the daily management of staff in the accounting department for a business. Their staff members can include accounts payable clerks and bookkeepers. They ensure the accuracy and timeliness of processes and payments. They are also responsible for ensuring compliance with federal and state government requirements. At times, they serve as a liaison for outside vendors, corresponding with them and responding to their inquiries.Read More...
Accounts payable managers prepare annual reporting and daily, weekly and monthly analysis and reconciliations. They may have to resolve discrepancies where they exist. They work closely with the purchasing departments, management, and the accounting departments they oversee. They typically work in an office environment on a normal Monday through Friday work week with standard business hours. They may, however, be required to work additional hours during peak accounting times, such as the end of year and tax seasons.
Accounts payable administrators may work in a wide variety of industries: They can be employed in the public or private sector, across all areas of government, as well as large and small private companies. Typically these companies require a minimum of a bachelor’s degree in accounting, business, finance, or a related field for an accounts payable manager. Several years of work experience is also usually required. Aside from those requirements, accounts payable administrators need to have a strong basis and understanding of accounting concepts, an advanced aptitude in spreadsheet software and excellent communication skills, both verbal and written.
Accounts Payable (A/P) Administrator Tasks
- Calculate the money a company owes and send payments to vendors.
- Manage a company's vendor billing system and update vendor files.
- Review invoices for accuracy and work to resolve discrepancies.
Common Career Paths for Accounts Payable (A/P) Administrator
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Popular Skills for Accounts Payable (A/P) Administrator
Survey takers working as Accounts Payable Administrators report using a large range of professional skills. Most notably, skills in Payroll Administration, Microsoft Office, Accounting, and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Quickbooks. Most people familiar with Accounts Payable also know Data Entry and Quickbooks.
Pay by Experience Level for Accounts Payable (A/P) Administrator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience and pay tend to be weakly linked for Accounts Payable Administrators — those with more experience do not necessarily bring in higher earnings. Those in the early stages of their career can expect to make around $34K; however, individuals with five to 10 years of experience bring in $38K on average — a distinctly larger sum. Accounts Payable Administrators claiming one to two decades of experience make an estimated median of $41K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $42K.
Pay Difference by Location
Surpassing the national average by 40 percent, Accounts Payable Administrators in San Jose receive some of the highest pay in the country. Accounts Payable Administrators will also find cushy salaries in New York (+33 percent), San Francisco (+33 percent), Rockford (+9 percent), and Los Angeles (+8 percent). With compensation 16 percent below the national average, Las Vegas is not known for hefty paychecks and actually represents the lowest-paying market. Employers also pay below the national average in Sacramento (12 percent lower) and Salt Lake City (8 percent lower).
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