Average Accounts Payable Specialist Salary

Rs 367,443
Avg. Salary
Rs 39,305
Bonus
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The average salary for an Accounts Payable Specialist is Rs 367,443.
10%
Rs 215k
10%
Rs 367k
50%
Rs 611k
90%
90%
MEDIAN Rs 367,443
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United States (change)
Salary
Rs 215k - Rs 611k
Bonus
Rs 7k - Rs 96k
Total Pay
Rs 223k - Rs 628k

Your Market Worth Over Time

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Job Description for Accounts Payable Specialist

Accounts Payable Specialist Tasks
  • Analyze, prioritize, code and pay bills and invoices, managing vendor or supplier expectations.
  • Make timely payments for internal vouchers and expenses.
  • Reconcile financial statements and forecasts, maintaining files for accounts.
  • Answer inquiries from vendors, suppliers, and employees, and research discrepancies.
  • Write and send checks, recording transactions on internal systems.

Popular Employer Salaries for Accounts Payable Specialist

The top respondents for the job title Accounts Payable Specialist are from the companies Genpact, Accenture and AXA Business Services Pvt Ltd. Reported salaries are highest at Capgemini Consulting where the average pay is Rs 450,000. Other companies that offer high salaries for this role include AXA Business Services Pvt Ltd, earning around Rs 389,744. Genpact pays the lowest at around Rs 348,171. Accenture also pays on the lower end of the scale, paying Rs 376,371.

Accounts Payable Specialist Job Listings

Popular Skills for Accounts Payable Specialist

Skills in Paying Invoices, Microsoft Excel and Vendor Relations are correlated to pay that is above average. Skills that pay less than market rate include Data Entry and Accounts Payable.

Pay by Experience Level for Accounts Payable Specialist

An early career Accounts Payable Specialist with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of Rs 307,187 based on 115 salaries. A mid-career Accounts Payable Specialist with 5-9 years of experience earns an average total compensation of Rs 410,419 based on 105 salaries. An experienced Accounts Payable Specialist with 10-19 years of experience earns an average total compensation of Rs 530,390 based on 30 salaries.
Employees with Accounts Payable Specialist in their job title in Pune, Maharashtra earn an average of 7.6% more than the national average. These job titles also find higher than average salaries in Gurgaon, Haryana (4.8% more) and Chennai, Tamil Nadu (3.4% more). The lowest salaries can be found in Hyderabad, Andhra Pradesh (8.8% less), Mumbai, Maharashtra (5.9% less) and Bangalore, Karnataka (1.4% less).

Years of Experience

This data is based on 250 survey responses.
Early Career
46.0%
Mid Career
42.0%
Experienced
12.0%

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