Accounts payable manager vs audit manager

The differences between accounts payable managers and audit 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 accounts payable manager and an audit manager. Additionally, an audit manager has an average salary of $121,419, which is higher than the $69,808 average annual salary of an accounts payable manager.

The top three skills for an accounts payable manager include customer service, reconciliations and purchase orders. The most important skills for an audit manager are CPA, internal audit, and audit reports.

Accounts payable manager vs audit manager overview

	Accounts Payable Manager	Audit Manager
Yearly salary	$69,808	$121,419
Hourly rate	$33.56	$58.37
Growth rate	17%	17%
Number of jobs	53,384	70,168
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 75%
Average age	46	46
Years of experience	8	8

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 audit manager do?

An audit manager is responsible for the complete audit process of finances in an organization. They work for banks and report directly to the audit committee. Based on findings gathered, a financial institution can gain vision into their variance and overall performance. They are also responsible for scheduling audits, initiating departmental audits, consolidation, and analysis of audit reports, and reviewing accounting procedures. Moreover, part of their tasks is to create audit finding presentations to be presented to the audit committee. It requires a high amount of accountability to be an effective audit manager.

Accounts payable manager vs audit manager salary

Accounts payable managers and audit managers have different pay scales, as shown below.

	Accounts Payable Manager	Audit Manager
Average salary	$69,808	$121,419
Salary range	Between $51,000 And $95,000	Between $82,000 And $178,000
Highest paying City	Beaverton, OR	Portland, ME
Highest paying state	Oregon	Maine
Best paying company	Microsoft	Meta
Best paying industry	Finance	Manufacturing

Differences between accounts payable manager and audit manager education

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

	Accounts Payable Manager	Audit Manager
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 75%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts payable manager vs audit manager demographics

Here are the differences between accounts payable managers' and audit managers' demographics:

	Accounts Payable Manager	Audit Manager
Average age	46	46
Gender ratio	Male, 24.0% Female, 76.0%	Male, 66.0% Female, 34.0%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between accounts payable manager and audit manager 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.

Audit manager example responsibilities.

Manage a review for a large insurance company to ensure compliance with HIPAA law.
Manage audits in all divisions and ensure all accounting transactions are perform in accordance with GAAP.
Lead ERM development, implementation, risk assessment reviews, reporting, improvement/remediation, & continuous monitoring.
Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
Manage audits of monthly closings, bank reports, cash flow, operations analysis, revenue accounting, and IPO documents.
Manage two staff accountants and Hyperion assistant/analyst.

Accounts payable manager vs audit manager skills

Common accounts payable manager skills

Customer Service, 7%
Reconciliations, 6%
Purchase Orders, 5%
Vendor Invoices, 5%
Financial Statements, 4%
Payroll, 4%

Common audit manager skills

CPA, 14%
Internal Audit, 6%
Audit Reports, 6%
Audit Engagements, 5%
Financial Services, 5%
Risk Management, 5%

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Accounts Payable Manager
Accounts Payable Manager vs Audit Manager

Updated January 8, 2025

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