Accounts Payable Manager Salary

The majority of Accounts Payable Managers in the United States — close to three-fifths — boast more than 10 years of experience in their profession. Salaries stretch from $35K to $81K per year, and the median is $56K annually. In the world of Accounts Payable Managers, overall income ranges from $35K near the bottom to $81K at the top; this can include more than $11K from bonuses and more than $15K from profit sharing in exceptional cases. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Women make up the vast majority of Accounts Payable Managers (87 percent) who answered the questionnaire. Most report receiving medical coverage from their employers and the greater part collect dental insurance. Job satisfaction for Accounts Payable Managers is high. This report is based on answers to PayScale's salary questionnaire.
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$40,056 - $82,037
$40K
$56K
$82K
MEDIAN: $56,106
10%
50%
90%

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$14.03 - $25.32
$14
$19
$25
MEDIAN: $18.82
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$40,056 - $82,037  
   
Bonus
$805 - $10,618  
Profit Sharing
$491.32 - $14,639  
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).
)
$34,582 - $80,515  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 1,316
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$14.03 - $25.32  
   
Overtime
$21.30 - $39.07  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$805 - $10,618  
   
Profit Sharing
$491.32 - $14,639  
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).
)
$34,582 - $80,515  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 493

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United States (change)

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Job Description for Accounts Payable Manager

Accounts payable managers handle all the bills and invoices that a company must pay. As such, they must have very strong math and accounting skills. A small mistake can end up costing the company thousands of dollars, so great attention to detail is also essential. In addition, accounts payable managers must be organized and must have excellent computer skills --particularly with Excel and other accounting software.

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Accounts Payable Manager Tasks

  • Manage accounts payable processes and/or team.
  • Analyze AP initiatives for adherence to industry standards and best practices, and pinpoint opportunities for growth and improvement.
  • Oversee management of financial data and procedures related to expenses generated by company, including processing of invoices, cutting of checks, etc.

Common Career Paths for Accounts Payable Manager


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For Accounts Payable Managers, progressing to a Financial Controller role may result in a significant raise. On average, a Financial Controller can earn $77K annually. The most common career progression for Accounts Payable Managers leads to becoming an Accounting Manager, where average pay is $61K annually. However, many Accounts Payable Managers also opt to become Accounts Receivable Managers. Typically, an Accounts Receivable Manager brings home $43K.

Accounts Payable Manager Job Listings

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Popular Skills for Accounts Payable Manager


Accounts Payable Managers seem to require a rather large skill set. Most notably, facility with SAP SAP Financial Accounting and Controlling, People Management, and ADP Payroll System are correlated to pay that is significantly above average, leading to increases of 28 percent, 11 percent, and 5 percent, respectively. Skills that pay less than market rate include Quickbooks, Payroll Administration, and Accounts Receivable. Those familiar with Accounts Payable also tend to know Accounting.

Pay by Experience Level for Accounts Payable Manager

Pay by Experience for an Accounts Payable Manager has a positive trend. An entry-level Accounts Payable Manager with less than 5 years of experience can expect to earn an average total compensation of $43,000 based on 429 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Payable Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $52,000 based on 523 salaries. An experienced Accounts Payable Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $56,000 based on 743 salaries. An Accounts Payable Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $56,000 based on 470 salaries.

Pay Difference by Location

National Average: $52,021

Larger city markers indicate a job is popular in that location.

For Accounts Payable Managers, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Accounts Payable Managers can also look forward to large paychecks in cities like New York (+21 percent), Seattle (+15 percent), San Diego (+14 percent), and Los Angeles (+14 percent). Austin is the lowest-paying area, 15 percent south of the national average. Employers also pay below the national average in Baltimore (14 percent lower) and St. Louis (9 percent lower).

Related Job Salaries

Key Stats for Accounts Payable Manager

Gender

Female
87 %
Male
13 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 290 votes.
Less than 1 year
1%
1-4 years
18%
5-9 years
20%
10-19 years
33%
20 years or more
28%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Accounts Payable Manager Salaries

▲8%

▲7%

▲1%

National Average
$52,000

▼17%

Skills That Affect Accounts Payable Manager Salaries

SAP SAP Financial Accounting and Controlling (SAP FICO)
▲28%


ADP Payroll System
▲5%




Microsoft Excel
▼0%

Accounting
▼0%

National Average
$52,000

Accounts Payable
▼1%



▼7%



▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 290 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
20%
10-19 years
33%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 67%
vision benefits
Vision: 54%
no benefits
None: 17%
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