Accounts Payable Manager Salary

Accounts Payable Managers in the United States tend to be well-versed in their field, and nearly three in five have more than 10 years of experience. Average salary is expected to be around $56K annually, but may range from $34K to $78K per year. Overall cash earnings for Accounts Payable Managers stretch from $34K on the lower end to $78K near the top, and the heftiest packages can encompass around $10K from bonuses and $11K from profit sharing. Geography is the biggest factor affecting pay for this group, followed by tenure. Most report receiving medical coverage from their employers and a majority collect dental insurance. For the most part, Accounts Payable Managers enjoy their work and report high levels of job satisfaction. The vast majority of Accounts Payable Managers (87 percent) who responded to the survey are women. Respondents to the PayScale salary survey provided the data for this report.
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$39,341 - $80,382
$39K
$56K
$80K
MEDIAN: $55,636
10%
50%
90%

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$14.00 - $24.93
$14
$19
$25
MEDIAN: $18.64
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
$39,341 - $80,382  
   
Bonus
$850 - $10,277  
Profit Sharing
$483.68 - $10,993  
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).
)
$34,235 - $78,193  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 1,306
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
$14.00 - $24.93  
   
Overtime
$20.76 - $37.06  
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
$850 - $10,277  
   
Profit Sharing
$483.68 - $10,993  
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).
)
$34,235 - $78,193  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 491

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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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As Accounts Payable Managers transition into upper-level roles such as Financial Controller, they may see a strong upturn in salary. Financial Controllers earn $77K on average per year. 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 Accountants. Typically, an Accountant brings home $44K.

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, 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. At the other end of the pay range are skills like Quickbooks, Payroll Administration, and Accounts Receivable. 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.


For Accounts Payable Managers, more experience in the field does not usually mean bigger paychecks. The average worker who claims fewer than five years of experience earns around $43K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $52K. On average, Accounts Payable Managers make $55K following one to two decades on the job. Accounts Payable Managers with more than 20 years of experience report incomes that are no higher than those with 10 to 20 years on the job.

Pay Difference by Location

National Average: $51,386

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

San Francisco offers some of the highest pay in the country for Accounts Payable Managers, 43 percent above the national average. Accounts Payable Managers can also look forward to large paychecks in cities like Washington (+38 percent), New York (+24 percent), Seattle (+15 percent), and Los Angeles (+14 percent). The lowest-paying market is Baltimore, which sits 13 percent below the national average. Employers also pay below the national average in Austin (11 percent lower) and St. Louis (2 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 266 votes.
Less than 1 year
1%
1-4 years
18%
5-9 years
20%
10-19 years
34%
20 years or more
27%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Accounts Payable Manager Salaries

▲8%

▲7%

▼0%

National Average
$51,000

▼16%

Skills That Affect Accounts Payable Manager Salaries

SAP SAP Financial Accounting and Controlling (SAP FICO)
▲29%


ADP Payroll System
▲6%



▲1%


Accounts Payable
▼0%

Microsoft Excel
▼0%

National Average
$51,000



▼6%



▼15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 266 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
34%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 67%
vision benefits
Vision: 53%
dental benefits
None: 18%
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