Salary Survey Summary Data for Accounts Payable Manager

The summary data provided is a sampling of ERI's Salary Assessor^® database. The average salary figures below are for base compensation. The Salary Assessor covers 5,700 job titles and 7,000 geographic locations. To download a demo of the Salary Assessor, please use the form to the right.

Job Description: Manages and coordinates activities required to ensure an accurate accounts payable system. Develops and recommends policy and procedure to govern the payment of company bills to the advantage of the organization in terms of cash flow and discounts. Plans, schedules, and directs the work of the accounts payable unit of an organization. A combination of over two years of directly related training and/or experience is typically required for carrying out the responsibilities for this job. The manager level is typically the second level of management and may have first level supervisors reporting to this position; however, in smaller organizations the manager may directly manage subordinate staff.: Manages the investigations of amounts due from the company for goods and services purchased. Develops and implements methods and procedures for monitoring work activities, such as preparation of records of expenditures, progress reports, etc., in order to inform management of current status or work activities. Analyzes department budget to identify budget needs and/or reductions, and may allocate operating budgets funds. Establishes policies and procedures to improve the efficiency of the accounts payable department. Interprets company policy to supervisors and employees and enforces company policy and practices. Prepares reports on the status of payables. Determines the amount of credit to be extended and recommends amount of working capital necessary to finance accounts payable. Manages maintenance of accounts payable ledger. Manages adjustment of customer claims. Conducts or participates in special studies of economic conditions in particular industries. May recruit, hire, train staff, evaluate employee performance, and recommend or initiate promotions, transfers, and disciplinary action. hide...show full description

Average Salary Data By Location

Atlanta, GA Boston, MA Charlotte, NC Chicago, IL Houston, TX Los Angeles, CA New York-Manhattan, NY Orlando, FL Philadelphia, PA Phoenix, AZ

Average Salary 70,136     Average Salary 74,580     Average Salary 68,901     Average Salary 85,715     Average Salary 80,189     Average Salary 73,894     Average Salary 76,217     Average Salary 70,988     Average Salary 80,146     Average Salary 71,180

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