Accounts Payable (A/P) Administrator Salary
Average Accounts Payable Administrators in the United States make around $16.68 per hour. Overall cash earnings for Accounts Payable Administrators vary widely between $28K and $51K; for a few high rollers, the final number can encompass upwards of $5K each from bonuses and profit sharing proceeds. Geography and experience level each impact pay for this group, with the former having the largest influence. Although close to one-fourth lack health benefits of any kind, a fair number do enjoy medical insurance, and a little more than half get dental coverage, too. The vast majority of Accounts Payable Administrators (89 percent) who participated in the survey are women. Most Accounts Payable Administrators report high levels of job satisfaction. This report is based on responses to the PayScale salary survey.
|Salary||$29,816 - $56,671|
|Bonus||$0.00 - $5,872|
|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).)
|$28,272 - $52,262|
|Hourly Rate||$13.10 - $22.06|
|Overtime||$18.95 - $34.59|
|Bonus||$0.00 - $5,872|
|Total Pay (||$28,272 - $52,262|
Job Description for Accounts Payable (A/P) Administrator
Accounts payable (A/P) administrators (or managers) are responsible for the daily management of staff in the accounting department for a business. Their staff members can include accounts payable clerks and bookkeepers. They ensure the accuracy and timeliness of processes and payments. They are also responsible for ensuring compliance with federal and state government requirements. At times, they serve as a liaison for outside vendors, corresponding with them and responding to their inquiries.Read More...
Accounts payable managers prepare annual reporting and daily, weekly and monthly analysis and reconciliations. They may have to resolve discrepancies where they exist. They work closely with the purchasing departments, management, and the accounting departments they oversee. They typically work in an office environment on a normal Monday through Friday work week with standard business hours. They may, however, be required to work additional hours during peak accounting times, such as the end of year and tax seasons.
Accounts payable administrators may work in a wide variety of industries: They can be employed in the public or private sector, across all areas of government, as well as large and small private companies. Typically these companies require a minimum of a bachelor’s degree in accounting, business, finance, or a related field for an accounts payable manager. Several years of work experience is also usually required. Aside from those requirements, accounts payable administrators need to have a strong basis and understanding of accounting concepts, an advanced aptitude in spreadsheet software and excellent communication skills, both verbal and written. (Copyright 2017 PayScale.com)
Accounts Payable (A/P) Administrator Tasks
- Calculate the money a company owes and send payments to vendors.
- Manage a company's vendor billing system and update vendor files.
- Review invoices for accuracy and work to resolve discrepancies.
Common Career Paths for Accounts Payable (A/P) Administrator
Accounts Payable Administrators may experience a large salary bump if they progress into a role such as Accounting Manager. The latter position pays an average of $61K annually. An Accounts Payable Administrator may also move into a role as an Office Manager or a Staff Accountant.
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Popular Skills for Accounts Payable (A/P) Administrator
Survey participants wield an impressively varied skill set on the job. Most notably, skills in Payroll Administration, Microsoft Office, Paying Invoices, and General Ledger Accounting are correlated to pay that is above average. At the other end of the pay range are skills like Quickbooks and Microsoft Word. It is often found that people who know Accounts Payable are also skilled in Data Entry and Quickbooks.
Pay by Experience Level for Accounts Payable (A/P) Administrator
Pay by Experience for an Accounts Payable (A/P) Administrator has a positive trend. An entry-level Accounts Payable (A/P) Administrator with less than 5 years of experience can expect to earn an average total compensation of $34,000 based on 196 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Payable (A/P) Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 166 salaries. An experienced Accounts Payable (A/P) Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $41,000 based on 145 salaries. An Accounts Payable (A/P) Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $42,000 based on 78 salaries.
Pay Difference by Location
With a pay rate for Accounts Payable Administrators that is 33 percent greater than the national average, New York offers a comfortable salary for those in this profession. Accounts Payable Administrators will also find cushy salaries in San Francisco (+33 percent), San Jose (+30 percent), Rockford (+9 percent), and Los Angeles (+8 percent). Las Vegas is the lowest-paying area, 16 percent south of the national average. Two other places where employers offer below-median salaries are Sacramento (12 percent less) and Salt Lake City (8 percent less).
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