Accounts Payable Manager Salary

The majority of Accounts Payable Managers in the United States — nearly three in five — boast more than 10 years of experience in their profession. Salaries stretch from $34K to $78K per year, and the median is $54K per year. In the world of Accounts Payable Managers, total cash compensation can vary between $34K and $78K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $9K and $10K, respectively. Geographic location and career duration each impact pay for this group, with the former having the largest influence. Female Accounts Payable Managers far outnumber their male contemporaries among survey respondents. A large number report receiving medical coverage from their employers and the greater part collect dental insurance. The majority of Accounts Payable Managers claim high levels of job satisfaction. The data in this summary comes from the PayScale salary survey.
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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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At the upper end, Accounts Payable Managers who move into a Financial Controller role can end up with a hefty increase in pay. The average income for Financial Controllers is a much higher $77K per year. The most common career progression for Accounts Payable Managers leads to becoming an Accounting Manager, where average pay is $60K 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


Survey results imply that Accounts Payable Managers deploy a substantial tool kit of skills at work. 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. At the other end of the pay range are skills like Accounts Receivable, Quickbooks, and Payroll Administration. Those educated in Accounts Payable tend to be well versed in Accounting.

Pay by Experience Level for Accounts Payable Manager

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


Those in the early stages of their career can expect to make around $43K; however, individuals with five to 10 years of experience bring in $50K on average — a distinctly larger sum. People with 10 to 20 years of experience make an average of about $54K in this role. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $53K.

Pay Difference by Location

National Average: $50,530

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

For Accounts Payable Managers, working in the bustling city of Washington has its advantages, including an above-average pay rate. Accounts Payable Managers will also find cushy salaries in New York (+22 percent), Austin (+15 percent), Denver (+14 percent), and Los Angeles (+14 percent).

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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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