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Accounts payable manager vs account payables analyst

The differences between accounts payable managers and account payables analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become an accounts payable manager, becoming an account payables analyst takes usually requires 4-6 years. Additionally, an accounts payable manager has an average salary of $69,808, which is higher than the $54,356 average annual salary of an account payables analyst.

The top three skills for an accounts payable manager include customer service, reconciliations and purchase orders. The most important skills for an account payables analyst are customer service, data entry, and purchase orders.

Accounts payable manager vs account payables analyst overview

Accounts Payable ManagerAccount Payables Analyst
Yearly salary$69,808$54,356
Hourly rate$33.56$26.13
Growth rate17%-5%
Number of jobs53,38473,985
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 63%
Average age4651
Years of experience86

What does an accounts payable manager do?

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.

What does an account payables analyst do?

An accounts payable analyst is primarily responsible for managing and processing invoices and payments, ensuring accuracy and timeliness. They are also responsible for coordinating with various departments to obtain and acquire data and invoices, submitting payments to external vendors and suppliers, identifying errors and inconsistencies, and providing corrective measures. One may also perform clerical tasks such as producing progress reports and presentations, managing schedules, addressing issues and concerns through calls and correspondence, and resolving them promptly and efficiently.

Accounts payable manager vs account payables analyst salary

Accounts payable managers and account payables analysts have different pay scales, as shown below.

Accounts Payable ManagerAccount Payables Analyst
Average salary$69,808$54,356
Salary rangeBetween $51,000 And $95,000Between $39,000 And $74,000
Highest paying CityBeaverton, ORSan Francisco, CA
Highest paying stateOregonNew York
Best paying companyMicrosoftSMTC
Best paying industryFinanceEnergy

Differences between accounts payable manager and account payables analyst education

There are a few differences between an accounts payable manager and an account payables analyst in terms of educational background:

Accounts Payable ManagerAccount Payables Analyst
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 63%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounts payable manager vs account payables analyst demographics

Here are the differences between accounts payable managers' and account payables analysts' demographics:

Accounts Payable ManagerAccount Payables Analyst
Average age4651
Gender ratioMale, 24.0% Female, 76.0%Male, 26.3% Female, 73.7%
Race ratioBlack 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%Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage11%7%

Differences between accounts payable manager and account payables analyst duties and responsibilities

Accounts payable manager example responsibilities.

  • Manage bi-weekly payroll, bonuses, pay cards, PTO.
  • Collect, enter & manage the quality of information require to produce accurate information report to IRS.
  • Authorize all AP payment invoices, manage deposits and cash management functions, while providing overall complete payroll oversight.
  • Refine the 'pro forma invoice' system process to manage prepayments of client invoices enhancing efficiency and adding value.
  • Assist in computer software upgrade to integrate all accounting functions including pricing, AP, AR, GL and inventory.
  • Ensure timely and efficient processing of authorize AP invoices and cash disbursements, as well as AR invoices and cash receipts.
  • Show more

Account payables analyst example responsibilities.

  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Perform month end close activities such as account reconciliations and journal entries resulting in accurate financial statement reporting.
  • Perform validation in ERP to ensure invoices not already paid.
  • Maintain fixed assets in ERP system to report the correct depreciation monthly.
  • Request current vendors to switch payment type from check to ACH and enroll in e-Invoicing for faster and more efficient processing.
  • Coordinate ACH implementation/conversion to electronic payment system.
  • Show more

Accounts payable manager vs account payables analyst skills

Common accounts payable manager skills
  • Customer Service, 7%
  • Reconciliations, 6%
  • Purchase Orders, 5%
  • Vendor Invoices, 5%
  • Financial Statements, 4%
  • Payroll, 4%
Common account payables analyst skills
  • Customer Service, 11%
  • Data Entry, 6%
  • Purchase Orders, 5%
  • Reconciliations, 5%
  • Vendor Invoices, 5%
  • Expense Reports, 4%

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