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Accounts payable administrator hiring summary. Here are some key points about hiring accounts payable administrators in the United States:
Here's a step-by-step accounts payable administrator hiring guide:
An accounts payable administrator is an individual who reviews and verifies the invoices of suppliers and grants payment requests. Accounts payable administrators must prepare invoice batches and input them in the accounts payable module of the financial information system every day to ensure that payments meet weekly and monthly deadlines. When warranted, they seek clarifications or explanations from submitters and responds to inquiries from suppliers, consultants, and clients regarding the status of their payments. Accounts payable administrators must also ensure that reimbursements are properly approved.
First, determine the employments status of the accounts payable administrator you need to hire. Certain accounts payable administrator roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
Hiring the perfect accounts payable administrator also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
This list presents accounts payable administrator salaries for various positions.
| Type of Accounts Payable Administrator | Description | Hourly rate |
|---|---|---|
| Accounts Payable Administrator | Bookkeeping, accounting, and auditing clerks produce financial records for organizations. They record financial transactions, update statements, and check financial records for accuracy. | $15-25 |
| Bookkeeper | Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work... Show more | $14-25 |
| Charge Bookkeeper | A full charge bookkeeper's primary job is to manage and handle all the accounts of a small or medium-sized business. They are responsible for overseeing the accounting duties for a company, including billing customers, preparing bank statements and tax returns, and processing timesheets... Show more | $17-27 |
Including a salary range in your accounts payable administrator job description helps attract top candidates to the position. An accounts payable administrator salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for an accounts payable administrator in Iowa may be lower than in New York, and an entry-level accounts payable administrator usually earns less than a senior-level accounts payable administrator. Additionally, an accounts payable administrator with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $54,791 | $26 |
| 2 | Massachusetts | $50,199 | $24 |
| 3 | California | $50,025 | $24 |
| 4 | New Jersey | $49,400 | $24 |
| 5 | Colorado | $44,166 | $21 |
| 6 | Oregon | $43,606 | $21 |
| 7 | Pennsylvania | $43,332 | $21 |
| 8 | Virginia | $42,180 | $20 |
| 9 | Illinois | $40,913 | $20 |
| 10 | Montana | $40,848 | $20 |
| 11 | Texas | $39,590 | $19 |
| 12 | Ohio | $37,902 | $18 |
| 13 | Georgia | $36,870 | $18 |
| 14 | New Mexico | $36,762 | $18 |
| 15 | Michigan | $36,596 | $18 |
| 16 | Nevada | $36,364 | $17 |
| 17 | North Carolina | $36,296 | $17 |
| 18 | Iowa | $35,269 | $17 |
| 19 | Missouri | $34,314 | $17 |
| 20 | Florida | $34,083 | $16 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Ducommun | $58,583 | $28.16 | 3 |
| 2 | ARA | $58,239 | $28.00 | 6 |
| 3 | ITT | $56,792 | $27.30 | 1 |
| 4 | Taylor Morrison | $55,162 | $26.52 | |
| 5 | SBA Communications | $54,911 | $26.40 | 3 |
| 6 | Biamp | $54,423 | $26.16 | |
| 7 | Healthcare Services Group | $53,477 | $25.71 | 2 |
| 8 | Woodruff Construction | $53,290 | $25.62 | |
| 9 | DecisionPoint | $53,231 | $25.59 | 1 |
| 10 | Seiberlich Trane Energy Services | $52,838 | $25.40 | |
| 11 | Performance Contracting | $52,773 | $25.37 | |
| 12 | Waste Pro | $52,630 | $25.30 | 5 |
| 13 | Flatiron Constructors Inc | $51,747 | $24.88 | 3 |
| 14 | Victaulic | $51,703 | $24.86 | 3 |
| 15 | RPM xConstruction | $51,503 | $24.76 | |
| 16 | Hunter | $50,632 | $24.34 | |
| 17 | University of California-Berkeley | $50,539 | $24.30 | |
| 18 | MicroAire Surgical Instruments | $50,471 | $24.26 | |
| 19 | Lennar | $50,298 | $24.18 | 4 |
| 20 | New South Lumber Company Inc | $50,173 | $24.12 |
An accounts payable administrator job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of an accounts payable administrator job description:
There are a few common ways to find accounts payable administrators for your business:
During your first interview to recruit accounts payable administrators, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the accounts payable administrator position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Recruiting accounts payable administrators involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
Accounts payable administrators earn a median yearly salary is $41,860 a year in the US. However, if you're looking to find accounts payable administrators for hire on a contract or per-project basis, hourly rates typically range between $15 and $25.