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Accounts Payable Manager Salary

With slightly less than three-fifths of Accounts Payable Managers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $32K to $77K per year and averages out to $52K per year. Cash earnings for Accounts Payable Managers — including $8K in bonuses and $9K in profit sharing proceeds near the top of the pay scale — generally stretch from $32K to $77K depending on individual performance. Geography and years of experience each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and a majority collect dental insurance. The majority of Accounts Payable Managers claim high levels of job satisfaction. Women make up the vast majority of Accounts Payable Managers (87 percent) who answered the questionnaire. This report is based on answers to PayScale's salary questionnaire.
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$35,815 - $77,783
(Median)
36K
52K
65K
78K
MEDIAN: $51,653
10%
50%
75%
90%

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$12.78 - $24.26
(Median)
13
15
17
20
24
MEDIAN: $17.00
10%
25%
50%
75%
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$26K$52K$78K
Salary
$35,815 - $77,783  
   
Bonus
$0.00 - $8,119  
Profit Sharing
$524 - $8,970  
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).
)
$32,228 - $76,732  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,817
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
$12.78 - $24.26  
   
Overtime
$18.82 - $35.90  
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 - $8,119  
   
Profit Sharing
$524 - $8,970  
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).
)
$32,228 - $76,732  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 657
United States (change)

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 go on to top-notch roles like Financial Controller, where median pay is $77K annually. More often than not, Accounting Manager role is the next step for Accounts Payable Managers moving up in the field. Accounting Managers usually make $59K per year. Many other Accounts Payable Managers choose to take on an Accountant role, where salaries are typically $43K.

Accounts Payable Manager Job Listings

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Popular Skills for Accounts Payable Manager


Accounts Payable Managers report using a large range of skills on the job. Most notably, facility with People Management, ADP Payroll System, and General Ledger Accounting are correlated to pay that is significantly above average, leading to increases of 23 percent, 12 percent, and 8 percent, respectively. 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.


Accounts Payable Managers with a lot of experience do not necessarily enjoy more money. The average beginner in this position makes around $42K, but folks who have been around for five to 10 years see a markedly higher median salary of $49K. Accounts Payable Managers with one to two decades of relevant experience report an average salary of approximately $52K. People who have worked for more than 20 years report a median income no higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


For Accounts Payable Managers, working in the bustling city of Seattle has its advantages, including an above-average pay rate. Accounts Payable Managers will also find cushy salaries in New York (+24 percent), Austin (+22 percent), Denver (+22 percent), and Los Angeles (+18 percent). With compensation 7 percent below the national average, San Diego is not known for hefty paychecks and actually represents the lowest-paying market.

Related Job Salaries

Experience Affects Accounts Payable Manager Salaries




National Average
$49,000


Skills That Affect Accounts Payable Manager Salaries

People Management
up arrow 23%

ADP Payroll System
up arrow 12%



Microsoft Excel
up arrow 4%

Accounting
up arrow 4%

Microsoft Word
up arrow 4%

Accounts Payable
up arrow 3%

Microsoft Dynamics GP
up arrow 3%

National Average
$49,000





Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 594 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
34%
20 years or more
24%

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 68%
vision benefits Vision: 51% employee benefits None: 16%