The average salary for an Account Payable Associate is Rs 252,748.
MEDIAN Rs 252,748
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Rs 159k - Rs 407k
Rs 5k - Rs 59k
Rs 0 - Rs 28k
Rs 161k - Rs 433k
Your Market Worth Over Time
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Job Description for Account Payable Associate
Accounts payable associates are responsible for all aspects of recording, processing, and reconciling accounts payable invoices, which is critical for a company to maintain accurate financial records. Accounts payable associates receive invoices from all departments within the organization and enter this information into the accounts payable records. If there is a discrepancy between invoice orders and deliveries, they contact the employee who placed the order - as well as the vendors, if nece…Read more
Account Payable Associate Tasks
- Process and input invoice records into the company computer system promptly and accurately.
- Answer inquiries about payments and invoices from vendors and customers.
- Prepare reports on finances, including profits, balance sheets, and tax returns.
- Keep records of financial transactions, balance the books, and perform account reconciliation.
Popular Employer Salaries for Account Payable Associate
The top respondents for the job title Account Payable Associate are from the companies Genpact, WNS Global Services and Capgemini. Reported salaries are highest at Capgemini where the average pay is Rs 300,000. Other companies that offer high salaries for this role include Accenture, earning around Rs 253,500. Genpact pays the lowest at around Rs 180,000. WNS Global Services also pays on the lower end of the scale, paying Rs 253,020.
Account Payable Associate Job Listings
Popular Skills for Account Payable Associate
Skills that pay less than market rate include SAP Financial Accounting and Controlling (SAP FICO), Paying Invoices, Microsoft Excel, Microsoft Office and Accounts Payable.
Pay by Experience Level for Account Payable Associate
An entry-level Account Payable Associate with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of Rs 185,930 based on 18 salaries. An early career Account Payable Associate with 1-4 years of experience earns an average total compensation of Rs 253,541 based on 136 salaries. A mid-career Account Payable Associate with 5-9 years of experience earns an average total compensation of Rs 328,620 based on 22 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Account Payable Associate in their job title in Hyderabad, Andhra Pradesh earn an average of 12.7% more than the national average. These job titles also find higher than average salaries in Pune, Maharashtra (5.2% more) and Bangalore, Karnataka (1.4% more). The lowest salaries can be found in Kolkata, West Bengal (40.7% less), Gurgaon, Haryana (1.0% less) and Mumbai, Maharashtra (0.2% less).
Years of Experience
This data is based on 176 survey responses.
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