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The differences between accounts payable managers and accounts payable leads 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 accounts payable lead takes usually requires 4-6 years. Additionally, an accounts payable manager has an average salary of $69,808, which is higher than the $57,175 average annual salary of an accounts payable lead.
The top three skills for an accounts payable manager include customer service, reconciliations and purchase orders. The most important skills for an accounts payable lead are FAA, purchase orders, and vendor invoices.
| Accounts Payable Manager | Accounts Payable Lead | |
| Yearly salary | $69,808 | $57,175 |
| Hourly rate | $33.56 | $27.49 |
| Growth rate | 17% | -5% |
| Number of jobs | 53,384 | 31,041 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 51% |
| Average age | 46 | 51 |
| Years of experience | 8 | 6 |
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.
Accounts payable leads are accounting professionals who are responsible for leading a team of professionals that manage the company's accounts payable, a short-term debt payment that needs to be paid to avoid default. These professionals are required to evaluate vendor invoices and prepare payments to pay vendors while preparing the daily expense reports. They must create the general ledger at the end of the month to reconcile closing balances. Accounts payable leads must also assist purchasing agents in resolving vendor or customer issues that pertained to inaccurate information on purchase orders.
Accounts payable managers and accounts payable leads have different pay scales, as shown below.
| Accounts Payable Manager | Accounts Payable Lead | |
| Average salary | $69,808 | $57,175 |
| Salary range | Between $51,000 And $95,000 | Between $41,000 And $79,000 |
| Highest paying City | Beaverton, OR | New York, NY |
| Highest paying state | Oregon | New York |
| Best paying company | Microsoft | NV Energy |
| Best paying industry | Finance | Technology |
There are a few differences between an accounts payable manager and an accounts payable lead in terms of educational background:
| Accounts Payable Manager | Accounts Payable Lead | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 51% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable managers' and accounts payable leads' demographics:
| Accounts Payable Manager | Accounts Payable Lead | |
| Average age | 46 | 51 |
| Gender ratio | Male, 24.0% Female, 76.0% | Male, 28.7% Female, 71.3% |
| Race ratio | 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% | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 11% | 7% |