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Accounts Payable Manager Salary

Accounts Payable Managers in the United States tend to have a good amount of experience under their belt — approximately three in five have more than 10 years in the field. While pay runs from $33K to $77K per year, median earnings come to $52K per year. In the world of Accounts Payable Managers, overall income ranges from $33K near the bottom to $77K at the top; this can include more than $8K from bonuses and more than $9K from profit sharing in exceptional cases. Location and career duration each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and a majority earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. Accounts Payable Managers who responded to the questionnaire are largely women, dominating at 87 percent. This report is based on answers to PayScale's salary questionnaire.
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$36,223 - $78,499
(Median)
$36K
$52K
$78K
MEDIAN: $52,055
10%
50%
90%

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$13.12 - $23.94
(Median)
$13
$18
$24
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$27K$54K$81K
Salary
$36,223 - $78,499  
   
Bonus
$0.00 - $8,471  
Profit Sharing
$494.93 - $9,091  
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).
)
$32,542 - $77,149  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,887
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$13$26$39
Hourly Rate
$13.12 - $23.94  
   
Overtime
$19.14 - $35.52  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Bonus
$0.00 - $8,471  
   
Profit Sharing
$494.93 - $9,091  
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).
)
$32,542 - $77,149  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 687

Find Out Exactly What You Should Be Paid

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

  • 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 who go on to become Financial Controllers may see their salaries climb quite a bit. Median pay for Financial Controllers is $77K annually. As Accounts Payable Managers progress in their field, many go on to become Accounting Managers. In fact, this transition is more common than anything else, and pay for the position is usually $59K per year. Another common career choice for Accounts Payable Managers is to move into an Accountant role. Typically, Accountants get paid $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 People Management, ADP Payroll System, and Microsoft Office are correlated to pay that is significantly above average, leading to increases of 23 percent, 11 percent, and 5 percent, respectively. Skills that seem to negatively impact pay include Accounts Receivable, Quickbooks, and Data Entry. For most people, competency in Accounts Payable indicates knowledge of Accounting.

Pay by Experience Level for Accounts Payable Manager

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


The average worker who claims fewer than five years of experience earns around $42K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $49K. Accounts Payable Managers bring in $52K after working for 10 to 20 years. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $51K by contrast.

Pay Difference by Location


With a pay rate for Accounts Payable Managers that is 39 percent greater than the national average, Washington offers a comfortable salary for those in this profession. Accounts Payable Managers will also find cushy salaries in Seattle (+27 percent), New York (+26 percent), Austin (+23 percent), and Philadelphia (+21 percent). Those in the field find the lowest salaries in Miami, 8 percent below the national average.

Related Job Salaries

United States (change)

Experience Affects Accounts Payable Manager Salaries



National Average
$49,000



Skills That Affect Accounts Payable Manager Salaries


ADP Payroll System
up arrow 11%




Microsoft Excel
up arrow 3%

Accounting
up arrow 3%

Accounts Payable
up arrow 2%

Microsoft Word
up arrow 2%

National Average
$49,000





Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 575 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
23%
10-19 years
35%
20 years or more
25%

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 68%
vision benefits Vision: 51% employee benefits None: 15%
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