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The differences between accounts payable managers and branch 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 branch manager. Additionally, an accounts payable manager has an average salary of $69,808, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for an accounts payable manager include customer service, reconciliations and purchase orders. The most important skills for a branch manager are customer satisfaction, business development, and branch management.
| Accounts Payable Manager | Branch Manager | |
| Yearly salary | $69,808 | $56,291 |
| Hourly rate | $33.56 | $27.06 |
| Growth rate | 17% | 17% |
| Number of jobs | 53,384 | 333,883 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 65% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
Accounts payable managers and branch managers have different pay scales, as shown below.
| Accounts Payable Manager | Branch Manager | |
| Average salary | $69,808 | $56,291 |
| Salary range | Between $51,000 And $95,000 | Between $39,000 And $80,000 |
| Highest paying City | Beaverton, OR | Oakland, CA |
| Highest paying state | Oregon | Alaska |
| Best paying company | Microsoft | FNB |
| Best paying industry | Finance | Professional |
There are a few differences between an accounts payable manager and a branch manager in terms of educational background:
| Accounts Payable Manager | Branch Manager | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 65% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between accounts payable managers' and branch managers' demographics:
| Accounts Payable Manager | Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 24.0% Female, 76.0% | Male, 59.8% Female, 40.2% |
| 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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |