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Accounts Payable Manager Salary

Roughly three in five of Accounts Payable Managers in the United States have been in the field for more than 10 years. Pay can fall anywhere from $32K to $77K per year, but median earnings come to around $52K per year. Total cash compensation to Accounts Payable Managers approaches anywhere from $32K on the lower end to $77K on the higher end; in exceptional cases, this can include more than $8K from bonuses and upwards of $9K from profit sharing. Residence and career duration each impact pay for this group, with the former having the largest influence. The vast majority of Accounts Payable Managers (87 percent) who participated in the survey are women. A large number enjoy medical while the greater part get dental coverage. Vision coverage is also available to half. Job satisfaction for Accounts Payable Managers is high. This report is based on responses to the PayScale salary survey.
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$36,195 - $78,501
(Median)
$36K
$52K
$79K
MEDIAN: $51,939
10%
50%
90%

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$13.02 - $24.06
(Median)
$13
$17
$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
$36,195 - $78,501  
   
Bonus
$0.00 - $8,372  
Profit Sharing
$511 - $9,123  
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).
)
$32,405 - $77,145  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,869
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
$13.02 - $24.06  
   
Overtime
$19.02 - $35.84  
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 - $8,372  
   
Profit Sharing
$511 - $9,123  
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).
)
$32,405 - $77,145  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 691

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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. The most common promotion for Accounts Payable Managers is Accounting Manager, a position that typically pays $59K annually. Another standard transition for Accounts Payable Managers seeking advancement is to assume an Accountant role, where pay is often $43K.

Accounts Payable Manager Job Listings

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Popular Skills for Accounts Payable Manager


Accounts Payable Managers report using a deep pool of skills on the job. Most notably, skills in People Management, ADP Payroll System, Microsoft Office, and General Ledger Accounting are correlated to pay that is above average, with boosts between 5 percent and 17 percent. Skills that are correlated to lower pay, on the other hand, include Accounts Receivable, Quickbooks, and Data Entry. Those familiar with Accounts Payable also tend to know Accounting.

Pay by Experience Level for Accounts Payable Manager

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


Relatively untried employees who have less than five years' experience make $42K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $49K. People with 10 to 20 years of experience make an average of about $52K in this role. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $51K.

Pay Difference by Location


For Accounts Payable Managers, busy Washington offers a higher-than-average pay rate, 45 percent above the national average. Accounts Payable Managers will also find cushy salaries in Seattle (+29 percent), New York (+25 percent), Austin (+22 percent), and San Antonio (+22 percent). Trailing the national average by 8 percent, Miami is the market with the smallest paychecks.

Related Job Salaries

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Experience Affects Accounts Payable Manager Salaries




National Average
$49,000


Skills That Affect Accounts Payable Manager Salaries


ADP Payroll System
up arrow 11%


General Ledger Accounting
up arrow 4%

Microsoft Dynamics GP
up arrow 4%

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 587 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
24%
10-19 years
35%
20 years or more
24%

Common Health Benefits

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