Accounts Payable Manager Salary

Slightly less than two-thirds of Accounts Payable Managers in the United States have been in the field for more than 10 years. Pay can fall anywhere from $35K to $82K per year, but median earnings come to around $57K annually. In the world of Accounts Payable Managers, total cash compensation can vary between $35K and $82K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $11K and $15K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by career duration. A strong majority report receiving medical coverage from their employers and a majority collect dental insurance. Most Accounts Payable Managers like their work and job satisfaction is high. Female Accounts Payable Managers far outnumber their male contemporaries among survey respondents. The numbers in this rundown were provided by PayScale's salary survey participants.
Read More
$40,535 - $83,991
$41K
$57K
$84K
MEDIAN: $57,066
10%
50%
90%

Add this chart to your site: 640px    300px

$14.17 - $25.59
$14
$19
$26
MEDIAN: $18.97
10%
50%
90%

Add this chart to your site: 640px    300px

$0$83K
Salary $40,535 - $83,991
Bonus $765 - $10,439
Profit Sharing $486.05 - $15,000
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).
)
$35,010 - $83,235
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 1,291
Hourly Data $0$38
Hourly Rate $14.17 - $25.59
Overtime $20.78 - $38.01
Annual Data $0$83K
Bonus $765 - $10,439
Profit Sharing $486.05 - $15,000
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).
)
$35,010 - $83,235
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 497

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.

Read More...

Accounts Payable Manager Tasks

  • Oversee management of financial data and procedures related to expenses generated by company, including processing of invoices, cutting of checks, etc.
  • Analyze AP initiatives for adherence to industry standards and best practices, and pinpoint opportunities for growth and improvement.
  • Manage accounts payable processes and/or team.

Common Career Paths for Accounts Payable Manager


Add this chart to your site:   640px 640px    300px 300px


As Accounts Payable Managers transition into upper-level roles such as Financial Controller, they may see a strong upturn in salary. Financial Controllers earn $77K on average per year. An Accounting Manager role is the most common promotion for Accounts Payable Managers moving up the ladder, and pay for the position tends to be around the $61K mark. Another typical, albeit less common, transition for Accounts Payable Managers is an Accounts Receivable Manager position, where earnings are usually $43K.

Accounts Payable Manager Job Listings

Popular Skills for Accounts Payable Manager


Survey respondents exploit a significant toolbox of skills in their work. Most notably, facility with SAP SAP Financial Accounting and Controlling, People Management, and ADP Payroll System are correlated to pay that is significantly above average, leading to increases of 27 percent, 10 percent, and 4 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Quickbooks, Payroll Administration, and Accounts Receivable. Those educated in Accounts Payable tend to be well versed in Accounting.

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 $43,000 based on 429 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 $52,000 based on 523 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 $56,000 based on 743 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 $56,000 based on 470 salaries.

Pay Difference by Location

National Average: $52,396

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

Home to some of the best pay for Accounts Payable Managers, San Francisco offers exceptional salaries, 40 percent above the national average. Accounts Payable Managers can also look forward to large paychecks in cities like New York (+21 percent), Seattle (+14 percent), San Diego (+14 percent), and Los Angeles (+13 percent). The smallest paychecks in the market, 16 percent south of the national average, can be found in Austin. Not at the bottom but still paying below the median are employers in Baltimore and St. Louis (15 percent lower and 9 percent lower, respectively).

Accounts Payable Manager Reviews

Q: What is it like working as an Accounts Payable Manager?

Accounts Payable Manager in Redding:
"Feel underpaid."
Pros: Nice people to work for understanding and the have alot of close gatherings and it feels like a family.
Cons: To much stress and not enough pay.

Accounts Payable Manager in Austin:
"Stressful, Corporate culture, heavy work load."
Pros: There is flexibility within management.
Cons: It is stressful, there are constant issues within new software, I don't receive follow ups on issues.

Related Job Salaries

Key Stats for Accounts Payable Manager

Gender

Female
87 %
Male
13 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 348 votes.
Less than 1 year
1%
1-4 years
17%
5-9 years
21%
10-19 years
34%
20 years or more
28%

Experience Affects Accounts Payable Manager Salaries

▲7%

▲6%

▼0%

National Average
$52,000

▼17%

Skills That Affect Accounts Payable Manager Salaries

SAP SAP Financial Accounting and Controlling (SAP FICO)
▲27%


ADP Payroll System
▲4%




National Average
$52,000

Microsoft Excel
▼1%

Accounting
▼1%

Accounts Payable
▼2%



▼7%



▼15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 348 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
21%
10-19 years
34%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 67%
vision benefits
Vision: 55%
no benefits
None: 17%