Accounts Payable Manager Salary

With close to 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 $33K to $77K per year and averages out to $53K annually. Overall cash earnings for Accounts Payable Managers stretch from $33K on the lower end to $77K near the top, and the heftiest packages can encompass around $8K from bonuses and $9K from profit sharing. Geographic location is the biggest factor affecting pay for this group, followed by tenure. The majority of workers are highly satisfied with their job. Most report receiving medical coverage from their employers and more than half collect dental insurance. Women account for the majority of Accounts Payable Managers who took the survey — 87 percent to be exact. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$36,497 - $78,769

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$13.25 - $23.84

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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
$36,497 - $78,769  
   
Bonus
$0.00 - $8,455  
Profit Sharing
$408.51 - $9,060  
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).
)
$32,779 - $77,278  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 1,985
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
$13.25 - $23.84  
   
Overtime
$19.20 - $35.41  
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 - $8,455  
   
Profit Sharing
$408.51 - $9,060  
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).
)
$32,779 - $77,278  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 703
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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. An Accounting Manager role is the most common promotion for Accounts Payable Managers moving up the ladder, and pay for the position tends to be around the $60K mark. Another typical, albeit less common, transition for Accounts Payable Managers is an Accountant position, where earnings are usually $44K.

Accounts Payable Manager Job Listings

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Popular Skills for Accounts Payable Manager


Survey takers working as Accounts Payable Managers report using a large range of professional skills. 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 34 percent, 18 percent, and 10 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Accounts Receivable, Quickbooks, and Payroll Administration. Those proficient in Accounts Payable are, more often than not, also skilled in Accounting.

Pay by Experience Level for Accounts Payable Manager

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


The average worker who claims fewer than five years of experience earns around $42K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $49K. People with 10 to 20 years of experience make an average of about $52K in this role. For some reason, Accounts Payable Managers with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $51K.

Pay Difference by Location


For Accounts Payable Managers, busy Washington offers a higher-than-average pay rate, 41 percent above the national average. Accounts Payable Managers can also look forward to large paychecks in cities like Seattle (+25 percent), New York (+24 percent), Austin (+21 percent), and Philadelphia (+20 percent).

Related Job Salaries

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Experience Affects Accounts Payable Manager Salaries




National Average
$49,000


Skills That Affect Accounts Payable Manager Salaries

SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 34%


ADP Payroll System
up arrow 10%


Microsoft Office
up arrow 4%

Accounting
up arrow 3%

Microsoft Dynamics GP
up arrow 3%

Microsoft Excel
up arrow 2%

Accounts Payable
up arrow 1%

Microsoft Word
up arrow 1%

National Average
$49,000





Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 559 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
23%
10-19 years
35%
20 years or more
24%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 68%
vision benefits Vision: 52% employee benefits None: 15%
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