An Accounts Payable Manager earns an average salary of Rs 671,854 per year.

Rs 295,183 - Rs 1,319,353
Rs 300K
Rs 610K
Rs 1M
MEDIAN: Rs 613,823
10%
50%
90%
Rs 0Rs 1M
Salary Rs 295,183 - Rs 1,319,353
Bonus Rs 14,950 - Rs 150,501
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).
)
Rs 300,342 - Rs 1,365,870
  • Country: India
  • Currency: INR
  • Updated: 13 Jan 2018
  • Individuals Reporting: 203

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.

Accounts Payable Manager Job Listings

Pay by Experience Level for Accounts Payable Manager

Pay by Experience for an Accounts Payable Manager has a positive trend. An entry-level Accounts Payable Manager with less than 5 years of experience can expect to earn an average total compensation of Rs 504,000 based on 26 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Payable Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of Rs 680,000 based on 45 salaries. An experienced Accounts Payable Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 800,000 based on 39 salaries. An Accounts Payable Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of Rs 840,000 based on 14 salaries.

Pay Difference by Location

National Average: Rs 622,740

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

Related Job Salaries

Key Stats for Accounts Payable Manager

Gender

Female
10 %
Male
90 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
2%
1-4 years
12%
5-9 years
34%
10-19 years
38%
20 years or more
13%

Experience Affects Accounts Payable Manager Salaries

Late-Career
▲35%

▲28%

▲9%

National Average
Rs 623,000

Entry-Level
▼19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.

Gender

Female
10 %
Male
90 %

Years of Experience

Less than 1 year
2%
1-4 years
12%
5-9 years
34%
10-19 years
38%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 4%
vision benefits
Vision: 9%
no benefits
None: 30%