Accounts Payable Manager

Accounts Payable Manager Job Description

An accounts payable manager should have a history of reconciling accounts, managing relationships with vendors, and successfully developing and implementing accounts payable processes. Firms look for professionals with the organizational skills to track accounts payable procedures from invoices to payments. Strong verbal and written communication skills are also required to facilitate communication between vendors and other stakeholders. Top candidates will have a track record of delegating tasks and motivating the employees on their team. A bachelor’s degree in accounting, business administration, or a related field is expected.

Typical accounts payable manager duties include:

Overseeing the accounts payable process, including the processing of invoices and payments, accuracy of data entry, and timely payment of vendors

Ensuring compliance with accounting policies, procedures, and internal controls

Developing and implementing process improvements and automation to streamline accounts payable workflows

Managing the accounts payable team, including assigning work tasks and monitoring performance

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Salary for Accounts Payable Manager

68750 - 96750

25th percentile

68750

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

78250

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

96750

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Accounts Receivable Manager

71000

81250

99500

Accounts Receivable Analyst

58750

65000

73000

Accounts Receivable Specialist

53250

58500

62000

Accounts Receivable Clerk

43250

50500

56500

Accounts Payable Analyst

56500

62000

68000

Accounts Payable Specialist

50250

54750

61500

Accounts Payable Clerk

42500

48250

53750

Billing Manager/Supervisor

58750

71500

89500

Billing Specialist

43250

50250

58250

Billing Clerk

41500

46750

51750

Purchasing Manager

65500

79250

93500

Purchasing Assistant

41750

47250

55000

Inventory Analyst

47000

58750

70500

Inventory Clerk

38750

44000

54000

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