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 $34K to $79K per year and averages out to $56K per year. Including potential for bonuses and profit sharing — peaking near $10K and $15K, respectively — total cash payment to Accounts Payable Managers can bottom out near $34K or peak near $79K depending on individual performance. Geographic location and tenure each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and the greater part collect dental insurance. Most Accounts Payable Managers like their work and job satisfaction is high. Accounts Payable Managers who responded to the questionnaire are largely women, dominating at 88 percent. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$39,634 - $80,574
$40K
$56K
$81K
MEDIAN: $55,886
10%
50%
90%

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$13.99 - $25.05
$14
$19
$25
MEDIAN: $18.80
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
$39,634 - $80,574  
   
Bonus
$619 - $10,270  
Profit Sharing
$482.88 - $14,681  
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).
)
$34,461 - $78,517  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,248
© PayScale, Inc. @ www.payscale.com
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
$13.99 - $25.05  
   
Overtime
$21.29 - $37.56  
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
$619 - $10,270  
   
Profit Sharing
$482.88 - $14,681  
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).
)
$34,461 - $78,517  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 465
© PayScale, Inc. @ www.payscale.com

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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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Accounts Payable Managers may progress into high-paying roles like Financial Controller, where median compensation is $77K annually. With an annual salary of $61K, Accounting Manager is the most common role for Accounts Payable Managers to subsequently assume on their way up the ladder. Transitioning into an Accounts Receivable Manager role — which usually pays $43K — 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 report using a large range 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 28 percent, 11 percent, and 5 percent, respectively. Skills that pay less than market rate include Quickbooks, Payroll Administration, and Accounts Receivable. Most people skilled in Accounts Payable are similarly competent in 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 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. Accounts Payable Managers with one to two decades of relevant experience report an average salary of approximately $56K. Veterans who have surpassed the 20-year mark may make no more than those who are navigating the mid-career stage.

Pay Difference by Location

National Average: $51,732

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

For Accounts Payable Managers, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Accounts Payable Managers will also find cushy salaries in New York (+22 percent), Seattle (+15 percent), San Diego (+15 percent), and Los Angeles (+14 percent). The lowest-paying market is Austin, which sits 15 percent below the national average. Employers pay around 14 percent less in Baltimore and 8 percent less in St. Louis, below-median salaries for those in this field.

Related Job Salaries

Key Stats for Accounts Payable Manager

Gender

Female
88 %
Male
12 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 253 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%

▲1%

National Average
$52,000

▼16%

Skills That Affect Accounts Payable Manager Salaries

SAP SAP Financial Accounting and Controlling (SAP FICO)
▲28%



ADP Payroll System
▲5%



Accounts Payable
▼0%

Microsoft Excel
▼0%

Accounting
▼0%

National Average
$52,000



▼6%



▼13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 253 votes.

Gender

Female
88 %
Male
12 %

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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