Accounts Payable Supervisor Salary
Job Description for Accounts Payable Supervisor
Accounts payable supervisors typically lead teams of staff members in accounts payable departments for their organizations, as well as facilitate monthly reports using accounting applications and software and prepare their departments for a variety of auditing processes. Problem-solving skills are important in this position, and they may need to provide support and thorough analyses to senior accountants within the organization.Read More...
Accounts payable supervisors communicate with other bank agencies, respond to inquiries, and participate in company meetings regarding strategies and procedures to increase efficiency. They typically work in an office setting during regular business hours and use a personal computer to run calculations, complete spreadsheets, and fill out tax documentation. They also write detailed reports to be presented to accounting executives and may work with accountants and other finance professionals to share project information and exchange data and projections. These supervisors must be organized and pay close attention to detail while following strict financial regulations, and they also develop strong business relationships with vendors and business representatives. They may work in a fast-paced environment to meet strict deadlines and set schedules, and Microsoft Office programs may be necessary to create a variety of documents.
A bachelor's degree in accounting, finance, or a related field is generally required for this position, and prior experience in accounting is highly beneficial. Industry certifications are also helpful.
Accounts Payable Supervisor Tasks
- Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records.
- Verify the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.
- Compute, classify, and record numerical data to keep financial records complete.
Common Career Paths for Accounts Payable Supervisor
For Accounts Payable Supervisors, progressing to an Assistant Controller role may result in a significant raise. On average, an Assistant Controller can earn $65K annually. Accounts Payable Supervisors most often move into positions as Accounts Payable Managers or Staff Accountants. Accounts Payable Managers actually earn $6K less on average, however, and Staff Accountants earn $7K less per year than Accounts Payable Supervisors do.
Accounts Payable Supervisor Job Listings
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Popular Skills for Accounts Payable Supervisor
Accounts Payable Supervisors report using a deep pool of skills on the job. Most notably, skills in SAP SAP Financial Accounting and Controlling, People Management, General Ledger Accounting, and Accounting are correlated to pay that is above average. Those listing Microsoft Outlook as a skill should be prepared for drastically lower pay. Microsoft Word and Account Management also typically command lower compensation. The majority of those who know Accounts Payable also know Microsoft Office.
Pay by Experience Level for Accounts Payable Supervisor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Salaries for the relatively untried average out to around $48K, but survey participants with five to 10 years of experience earn a significantly higher median of $51K. People with 10 to 20 years of experience make an average of about $53K in this role. Accounts Payable Supervisors who claim more than two decades of experience actually make somewhat smaller average paychecks of $52K.
Pay Difference by Location
For Accounts Payable Supervisors, San Francisco provides a pay rate that is 23 percent greater than the national average. Accounts Payable Supervisors can also look forward to large paychecks in cities like Atlanta (+21 percent), Boston (+18 percent), Dallas (+10 percent), and Chicago (+10 percent). The lowest-paying market is Austin, which sits 9 percent below the national average. A couple other locations with smaller-than-average paychecks include Phoenix (6 percent lower) and Irvine (2 percent lower).
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Key Stats for Accounts Payable Supervisor
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