With just below two-thirds of Accounts Payable Managers in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Accounts Payable Managers is $56K annually and can range from $34K on the lower end to $78K per year near the higher end. Total cash compensation to Accounts Payable Managers approaches anywhere from $34K on the lower end to $78K on the higher end; in exceptional cases, this can include more than $10K from bonuses and upwards of $7K from profit sharing. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Work is enjoyable for Accounts Payable Managers, who typically claim high levels of job satisfaction. Among survey respondents, women are more common than men; 87 percent of Accounts Payable Managers are female. Medical benefits are awarded to most, and a majority earn dental coverage. The information for this snapshot was generated by responses to the PayScale salary survey.
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$39,320 - $80,189
(Median)
$39K
$56K
$80K
MEDIAN: $55,713
10%
50%
90%

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$13.94 - $24.78
(Median)
$14
$18
$25
MEDIAN: $18.00
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$27K$54K$81K
Salary
$39,320 - $80,189  
   
Bonus
$795 - $10,183  
Profit Sharing
$481.02 - $7,149  
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).
)
$34,075 - $77,950  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,327
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$13$26$39
Hourly Rate
$13.94 - $24.78  
   
Overtime
$20.65 - $37.64  
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$26K$52K$78K
Bonus
$795 - $10,183  
   
Profit Sharing
$481.02 - $7,149  
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).
)
$34,075 - $77,950  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 472
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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

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

Common Career Paths for Accounts Payable Manager


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Accounts Payable Managers may progress into high-paying roles like Financial Controller, where median compensation is $77K annually. An Accounting Manager role is the most common promotion for Accounts Payable Managers moving up the ladder, and pay for the position tends to be around the $61K mark. Another typical, albeit less common, transition for Accounts Payable Managers is an Accountant position, where earnings are usually $44K.

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Popular Skills for Accounts Payable Manager


Survey results imply that Accounts Payable Managers deploy a substantial tool kit of skills at work. 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 29 percent, 12 percent, and 6 percent, respectively. Skills that seem to negatively impact pay include Quickbooks, Accounts Receivable, and Payroll Administration. Most people who know Accounts Payable also know Accounting.

Pay by Experience Level for Accounts Payable Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Salaries of relatively inexperienced workers fall in the neighborhood of $43K, but folks who have racked up five to 10 years see a notably higher median of $52K. Accounts Payable Managers see a median salary of $56K after reaching one to two decades on the job. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $55K on average.

Pay Difference by Location

National Average: $51,531

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

Surpassing the national average by 56 percent, Accounts Payable Managers in San Francisco receive some of the highest pay in the country. Accounts Payable Managers can also look forward to large paychecks in cities like Washington (+38 percent), New York (+27 percent), Seattle (+16 percent), and Philadelphia (+14 percent).

Related Job Salaries

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Experience Affects Accounts Payable Manager Salaries




National Average
$52,000


Skills That Affect Accounts Payable Manager Salaries

SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 29%


ADP Payroll System
up arrow 6%


General Ledger Accounting
up arrow 4%

Accounts Payable
0%

Microsoft Excel
0%

Accounting
0%

Microsoft Office
0%

National Average
$52,000

Microsoft Word
up arrow 3%

Account Management
up arrow 4%





Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 255 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
19%
10-19 years
35%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 67%
medical benefits
Vision: 52%
dental benefits
None: 17%
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