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
Accounts Payable Supervisors who transition into an Assistant Controller role may receive large pay increases as the latter position pays an average $65K per year. Many Accounts Payable Supervisors choose to become Accounts Payable Managers and Staff Accountants as their careers advance. However, folks in those positions report median salaries of $6K less and $7K less, respectively.
Accounts Payable Supervisor Job Listings
Search for more jobs:
Popular Skills for Accounts Payable Supervisor
Accounts Payable Supervisors report using a large range of skills on the job. Most notably, skills in SAP SAP Financial Accounting and Controlling, People Management, Windows Operating System General Use, 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. Those educated in Accounts Payable tend to be well versed in Microsoft Office.
Pay by Experience Level for Accounts Payable Supervisor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Workers in their first five years can expect to earn $48K, but people who have been around for five to 10 years earn a noticeably bigger sum of $51K. After working for 10 to 20 years, Accounts Payable Supervisors make a median salary of $53K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $52K.
Pay Difference by Location
For Accounts Payable Supervisors, Boston provides a pay rate that is 22 percent greater than the national average. Accounts Payable Supervisors can also look forward to large paychecks in cities like Atlanta (+18 percent), Seattle (+16 percent), Minneapolis (+12 percent), and New York (+9 percent). Austin is home to the smallest salaries in the field, lagging the national average by 9 percent. Two other places where employers offer below-median salaries are Charlotte (8 percent less) and Phoenix (5 percent less).