The average salary for an Accounts Payable Manager is $61,147.
Accounts Payable Manager by
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What Do Accounts Payable Managers Do?
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.
Accounts payable managers will often oversee a team of accountants to ensure th…Read more
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.
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What Are Popular Skills for Accounts Payable Managers?
Skills in Accounts Payable, Microsoft Excel, Accounting, People Management and General Ledger Accounting are correlated to pay that is above average.
What is the Pay by Experience Level for Accounts Payable Managers?
An entry-level Accounts Payable Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $49,702 based on 13 salaries. An early career Accounts Payable Manager with 1-4 years of experience earns an average total compensation of $53,924 based on 491 salaries. A mid-career Accounts Payable Manager with 5-9 years of experience earns an average total compensation of $59,821 based on 578 salaries. An experienced Accounts Payable Manager with 10-19 years of experience earns an average total compensation of $63,468 based on 981 salaries. In their late career (20 years and higher), employees earn an average total compensation of $66,047.
Pay Difference by Location
Employees with Accounts Payable Manager in their job title in New York, New York earn an average of 10.7% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (8.4% more) and Dallas, Texas (6.7% more). The lowest salaries can be found in Austin, Texas (11.9% less) and Atlanta, Georgia (0.7% less).
Years of Experience
This data is based on 2,831 survey responses.