Accounts payable manager vs bank manager

The differences between accounts payable managers and bank 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 a bank manager. Additionally, a bank manager has an average salary of $96,910, 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 a bank manager are bank products, financial services, and business development.

Accounts payable manager vs bank manager overview

	Accounts Payable Manager	Bank Manager
Yearly salary	$69,808	$96,910
Hourly rate	$33.56	$46.59
Growth rate	17%	17%
Number of jobs	53,384	66,136
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 64%
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 a bank manager do?

A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.

Accounts payable manager vs bank manager salary

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

	Accounts Payable Manager	Bank Manager
Average salary	$69,808	$96,910
Salary range	Between $51,000 And $95,000	Between $65,000 And $142,000
Highest paying City	Beaverton, OR	San Francisco, CA
Highest paying state	Oregon	California
Best paying company	Microsoft	Accenture
Best paying industry	Finance	Finance

Differences between accounts payable manager and bank manager education

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

	Accounts Payable Manager	Bank Manager
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 64%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts payable manager vs bank manager demographics

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

	Accounts Payable Manager	Bank Manager
Average age	46	46
Gender ratio	Male, 24.0% Female, 76.0%	Male, 48.9% Female, 51.1%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between accounts payable manager and bank 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.

Bank manager example responsibilities.

Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
Collaborate with corporate training designers and facilitators to plan, develop and execute AML and KYC relate training.
Handle escalations in the absence of the FCM; ensure enterprise complaint tracking own resource management for the financial center.
Team up with FCM and regional recruiter in interview and hiring process.
Perform other jobs and relate projects as assigned including mentoring sales employees to exceed assign goals by Bancorp.
Monitor all banking operations according to the federal rules and regulations, including performing monthly audits, and following Bancorp standards.

Accounts payable manager vs bank manager skills

Common accounts payable manager skills

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

Common bank manager skills

Bank Products, 7%
Financial Services, 7%
Business Development, 6%
Secrecy, 6%
Bank Secrecy Act, 6%
Community Involvement, 5%

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Accounts Payable Manager
Accounts Payable Manager vs Bank Manager

Updated January 8, 2025

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