Accounts Payable Manager Salary

Nearly three-fifths of Accounts Payable Managers in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $34K to $78K per year, and the average comes out to $54K annually. Total cash earnings of Accounts Payable Managers range from $34K on the low end to $78K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $9K and $10K, respectively. Residence is the biggest factor affecting pay for this group, followed by career duration. For the most part, Accounts Payable Managers enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to most, and the larger part earn dental coverage. Accounts Payable Managers who responded to the questionnaire are largely women, dominating at 88 percent. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$37,396 - $78,935
(Median)
$37K
$54K
$79K
MEDIAN: $53,908
10%
50%
90%

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$13.44 - $24.20
(Median)
$13
$18
$24
MEDIAN: $17.00
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
$37,396 - $78,935  
   
Bonus
$0.00 - $9,070  
Profit Sharing
$501 - $9,787  
Commission
$1,200  
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).
)
$33,594 - $77,705  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 2,188
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
$13.44 - $24.20  
   
Hourly Tips
$0.00  
Overtime
$19.65 - $35.80  
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
$0.00 - $9,070  
   
Commission
$1,200  
Profit Sharing
$501 - $9,787  
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).
)
$33,594 - $77,705  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 743
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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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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. With an annual salary of $60K, Accounting Manager is the most common role for Accounts Payable Managers to subsequently assume on their way up the ladder. Transitioning into an Accountant role — which usually pays $44K — is also typical for Accounts Payable Managers, though less common by comparison.

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 31 percent, 16 percent, and 8 percent, respectively. Skills that pay less than market rate include Accounts Receivable, Quickbooks, 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 for the relatively untried average out to around $43K, but survey participants with five to 10 years of experience earn a significantly higher median of $50K. After working for 10 to 20 years, Accounts Payable Managers make a median salary of $54K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $53K.

Pay Difference by Location

National Average: $50,530

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

With a pay rate for Accounts Payable Managers that is 40 percent greater than the national average, Washington offers a comfortable salary for those in this profession. Accounts Payable Managers can also look forward to large paychecks in cities like New York (+22 percent), Austin (+15 percent), Denver (+14 percent), and Los Angeles (+14 percent).

Related Job Salaries

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Experience Affects Accounts Payable Manager Salaries




National Average
$51,000


Skills That Affect Accounts Payable Manager Salaries

SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 31%


ADP Payroll System
up arrow 8%


Microsoft Office
up arrow 2%

Microsoft Excel
up arrow 1%

Accounting
up arrow 1%

Accounts Payable
0%

Microsoft Word
0%

Microsoft Dynamics GP
0%

National Average
$51,000






Job Satisfaction

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

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
22%
10-19 years
35%
20 years or more
26%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 69%
medical benefits
Vision: 53%
dental benefits
None: 15%
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