Accounts Payable (A/P) Administrator Salary
Accounts Payable Administrators in the United States pull down an average of $16.70 per hour. Including potential bonuses and profit sharing proceeds (more than $5K for each in exceptional cases) overall income bottoms out near $28K and hits $51K on the high end. Location is the biggest factor affecting pay for this group, followed by years of experience. While one-fourth report receiving no health benefits, a strong majority do receive medical coverage, and just over a half have dental, as well. Female Accounts Payable Administrators far outnumber their male contemporaries among survey respondents. Job satisfaction is reported as high by the vast majority of workers. The data in this summary comes from the PayScale salary survey.
|Salary||$29,936 - $54,199|
|Bonus||$0.00 - $4,949|
|Profit Sharing||$0.00 - $4,932|
|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 - $51,172|
|Hourly Rate||$12.72 - $22.05|
|Overtime||$17.31 - $33.32|
|Bonus||$0.00 - $4,949|
|Profit Sharing||$0.00 - $4,932|
|Total Pay (||$28,078 - $51,172|
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
Accounts Payable Administrators' salaries may rise greatly for those who assume a higher-end position such as an Accounting Manager. The average Accounting Manager brings home $61K per year. Accounts Payable Administrators most often move into positions as Office Managers or Staff Accountants; those groups report median salaries that are $1K higher and $7K higher, respectively.
Popular Skills for Accounts Payable (A/P) Administrator
Accounts Payable Administrators seem to require a rather large skill set. Most notably, skills in Payroll Administration, Microsoft Office, Paying Invoices, and General Ledger Accounting are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Quickbooks. The majority of those who know Accounts Payable also know Data Entry and Quickbooks.
Pay by Experience Level for Accounts Payable (A/P) Administrator
Pay by Experience for an Accounts Payable (A/P) Administrator has a positive trend. An entry-level Accounts Payable (A/P) Administrator with less than 5 years of experience can expect to earn an average total compensation of $34,000 based on 196 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Payable (A/P) Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 166 salaries. An experienced Accounts Payable (A/P) Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $41,000 based on 145 salaries. An Accounts Payable (A/P) Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $42,000 based on 78 salaries.
Pay Difference by Location
For Accounts Payable Administrators, working in the bustling city of New York has its advantages, including an above-average pay rate. Accounts Payable Administrators can also look forward to large paychecks in cities like San Francisco (+33 percent), San Jose (+31 percent), Rockford (+9 percent), and Los Angeles (+9 percent). The lowest-paying market is Las Vegas, which sits 15 percent below the national average. Employers in Sacramento and Salt Lake City also lean toward paying below-median salaries (12 percent lower and 8 percent lower, respectively).
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