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The differences between accounting managers and accounts payable managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an accounting manager and an accounts payable manager. Additionally, an accounting manager has an average salary of $84,451, which is higher than the $69,808 average annual salary of an accounts payable manager.
The top three skills for an accounting manager include reconciliations, CPA and GAAP. The most important skills for an accounts payable manager are customer service, reconciliations, and purchase orders.
| Accounting Manager | Accounts Payable Manager | |
| Yearly salary | $84,451 | $69,808 |
| Hourly rate | $40.60 | $33.56 |
| Growth rate | 17% | 17% |
| Number of jobs | 92,089 | 53,384 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 58% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An accounting manager is responsible for supervising and monitoring the overall accounting department operations. Duties of an accounting manager include reviewing account information and account statements, processing invoices, analyzing financial data, performing account reconciliations, assisting with tax processing and audit reports, and generating financial reports for presentation with the board. An accounting manager must have excellent knowledge of the accounting principles and legislation to assist the team with the company's financial goals. Accounting managers must have the outstanding analytical, critical thinking, and decision-making skills to develop the best competitive financial strategies.
An accounts payable manager is in charge of supervising a company's financial activities, particularly in all payable matters. Their primary responsibilities revolve around managing and assessing staff performances and overseeing check and payroll disbursements. They also take care of maintaining and securing records of employees, clients, and company finances, and implement company objectives while ensuring accuracy in all operations. Furthermore, as a manager, it is essential to uphold all company policies and regulations, all while leading and encouraging staff in a joint effort to accomplish goals and tasks.
Accounting managers and accounts payable managers have different pay scales, as shown below.
| Accounting Manager | Accounts Payable Manager | |
| Average salary | $84,451 | $69,808 |
| Salary range | Between $60,000 And $117,000 | Between $51,000 And $95,000 |
| Highest paying City | San Francisco, CA | Beaverton, OR |
| Highest paying state | Vermont | Oregon |
| Best paying company | Morgan Lewis | Microsoft |
| Best paying industry | Finance | Finance |
There are a few differences between an accounting manager and an accounts payable manager in terms of educational background:
| Accounting Manager | Accounts Payable Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 58% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting managers' and accounts payable managers' demographics:
| Accounting Manager | Accounts Payable Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 40.4% Female, 59.6% | Male, 24.0% Female, 76.0% |
| Race ratio | Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 10.0% White, 63.2% American Indian and Alaska Native, 0.3% | Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 8.0% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |