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Accounts Payable/Receivable Manager Careers

There is more than meets the eye when it comes to being an accounts payable/receivable manager. For example, did you know that they make an average of $33.42 an hour? That's $69,517 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does an Accounts Payable/Receivable Manager Do

There are certain skills that many accounts payable/receivable managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and organizational skills.

When it comes to the most important skills required to be an accounts payable/receivable manager, we found that a lot of resumes listed 17.5% of accounts payable/receivable managers included general ledger accounts, while 12.3% of resumes included vendor invoices, and 11.5% of resumes included financial statements. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the accounts payable/receivable manager job title. But what industry to start with? Most accounts payable/receivable managers actually find jobs in the retail and hospitality industries.

How To Become an Accounts Payable/Receivable Manager

If you're interested in becoming an accounts payable/receivable manager, one of the first things to consider is how much education you need. We've determined that 40.2% of accounts payable/receivable managers have a bachelor's degree. In terms of higher education levels, we found that 4.5% of accounts payable/receivable managers have master's degrees. Even though some accounts payable/receivable managers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an accounts payable/receivable manager. When we researched the most common majors for an accounts payable/receivable manager, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on accounts payable/receivable manager resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become an accounts payable/receivable manager. In fact, many accounts payable/receivable manager jobs require experience in a role such as office manager. Meanwhile, many accounts payable/receivable managers also have previous career experience in roles such as accounts payable clerk or administrative assistant.

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Average Salary
$69,517
Average Salary
Job Growth Rate
16%
Job Growth Rate
Job Openings
16,947
Job Openings

Accounts Payable/Receivable Manager Career Paths

Top Careers Before Accounts Payable/Receivable Manager

Top Careers After Accounts Payable/Receivable Manager

Accounts Payable/Receivable Manager Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for an Accounts Payable/Receivable Manager

Accounts Payable/Receivable Managers in America make an average salary of $69,517 per year or $33 per hour. The top 10 percent makes over $92,000 per year, while the bottom 10 percent under $52,000 per year.
Average Salary
$69,517
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Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Manager, Accounts Payable and Accounts Receivable
Manager, Accounts Payable and Accounts Receivable
Nv Energy
Nv Energy
05/14/2021
05/14/2021
$108,20005/14/2021
$108,200
Accounts Payable/Receivable Manager
Accounts Payable/Receivable Manager
System One Services
System One Services
03/16/2021
03/16/2021
$39,65303/16/2021
$39,653
Accounts Payable & Accounts Receivable Manager (AP & AR Manager)
Accounts Payable & Accounts Receivable Manager (AP & AR Manager)
Randstad
Randstad
10/14/2020
10/14/2020
$75,00010/14/2020
$75,000
Manager of AP and AR
Manager of AP and AR
Robert Half
Robert Half
09/25/2020
09/25/2020
$95,00009/25/2020
$95,000
AP/AR Manager
AP/AR Manager
Randstad
Randstad
08/12/2020
08/12/2020
$70,00008/12/2020
$70,000

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Accounts Payable/Receivable Manager Demographics

Gender

female

74.7 %

male

18.9 %

unknown

6.5 %

Ethnicity

White

69.1 %

Hispanic or Latino

14.4 %

Black or African American

7.6 %

Foreign Languages Spoken

Spanish

58.1 %

German

6.5 %

French

6.5 %
See More Demographics

Accounts Payable/Receivable Manager Education

Majors

Business
31.2 %
Finance
4.3 %

Degrees

Bachelors

40.2 %

Associate

23.1 %

Certificate

18.2 %

Top Colleges for Accounts Payable/Receivable Managers

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Public

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. SUNY Farmingdale

Farmingdale, NY • Public

In-State Tuition
$8,306
Enrollment
9,394

9. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

10. SUNY Stony Brook

Stony Brook, NY • Public

In-State Tuition
$9,625
Enrollment
17,407
See More Education Info

Online Courses For Accounts Payable/Receivable Manager That You May Like

Financial Accounting Payroll
udemy
4.3
(707)

Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...

Accounting Fundamentals
ed2go

Gain a marketable new skill by learning the basics of double-entry bookkeeping, financial reporting, and more...

Payroll Accounting Introduction
udemy
4.8
(329)

This course prepares the learner with the basic knowledge needed to administer the accounting for payroll...

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Top Skills For an Accounts Payable/Receivable Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 17.5% of accounts payable/receivable managers listed general ledger accounts on their resume, but soft skills such as analytical skills and communication skills are important as well.

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Top Accounts Payable/Receivable Manager Employers

1. Robert Half International
4.5
Avg. Salary: 
$72,669
Accounts Payable/Receivable Managers Hired: 
6+
2. AT&T
4.7
Avg. Salary: 
$85,656
Accounts Payable/Receivable Managers Hired: 
3+
3. Walmart
4.8
Avg. Salary: 
$57,230
Accounts Payable/Receivable Managers Hired: 
3+
4. SELCO India
3.7
Avg. Salary: 
$57,071
Accounts Payable/Receivable Managers Hired: 
3+
5. Macy's
4.6
Avg. Salary: 
$59,053
Accounts Payable/Receivable Managers Hired: 
2+
6. Business Machine Technologies,
4.3
Avg. Salary: 
$68,113
Accounts Payable/Receivable Managers Hired: 
2+

Accounts Payable/Receivable Manager Videos

Updated October 2, 2020