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Accounts receivable manager vs accounts payable manager

The differences between accounts receivable managers and accounts payable 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 receivable manager and an accounts payable manager. Additionally, an accounts payable manager has an average salary of $69,808, which is higher than the $69,403 average annual salary of an accounts receivable manager.

The top three skills for an accounts receivable manager include customer service, accounts receivables and financial reports. The most important skills for an accounts payable manager are customer service, reconciliations, and purchase orders.

Accounts receivable manager vs accounts payable manager overview

Accounts Receivable ManagerAccounts Payable Manager
Yearly salary$69,403$69,808
Hourly rate$33.37$33.56
Growth rate17%17%
Number of jobs53,85953,384
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 58%
Average age4646
Years of experience88

What does an accounts receivable manager do?

An accounts receivable manager is responsible for overseeing the financial matters in a business or company, focusing on the generated sales and income. Moreover, they are also responsible for maintaining an accurate and efficient collection of payments, conducting research and analysis, and supervising the workforce, striving to meet all the goals within the allotted time. As a manager in the department, it is also vital to lead fellow skilled professionals and implement the policies and regulations of the company or organization.

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.

Accounts receivable manager vs accounts payable manager salary

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

Accounts Receivable ManagerAccounts Payable Manager
Average salary$69,403$69,808
Salary rangeBetween $42,000 And $114,000Between $51,000 And $95,000
Highest paying CitySan Francisco, CABeaverton, OR
Highest paying stateCaliforniaOregon
Best paying companyMetaMicrosoft
Best paying industryTechnologyFinance

Differences between accounts receivable manager and accounts payable manager education

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

Accounts Receivable ManagerAccounts Payable Manager
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 58%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounts receivable manager vs accounts payable manager demographics

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

Accounts Receivable ManagerAccounts Payable Manager
Average age4646
Gender ratioMale, 25.0% Female, 75.0%Male, 24.0% Female, 76.0%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 7.6% White, 65.1% American Indian and Alaska Native, 0.3%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%
LGBT Percentage11%11%

Differences between accounts receivable manager and accounts payable manager duties and responsibilities

Accounts receivable manager example responsibilities.

  • Manage payroll activities including calculating and distributing payroll checks and making monthly withholding deposits to the IRS via EFTPS website.
  • Accomplish, results-orient professional with a strong background in TABS3 management and QuickBooks utilization.
  • Manage all accounts receivable activities including billing, customer dispute resolution, cash application collections, write-offs and month-end reconciliations.
  • Review claims hold up in EDI, and initiate pathway in working claims edits, claims follow up and appeals.
  • Run GL transfer and post daily.
  • Utilize multiple ERP systems for billing and collection purposes.
  • Show more

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.
  • Show more

Accounts receivable manager vs accounts payable manager skills

Common accounts receivable manager skills
  • Customer Service, 14%
  • Accounts Receivables, 8%
  • Financial Reports, 6%
  • Reconciliations, 5%
  • Payroll, 4%
  • Customer Accounts, 4%
Common accounts payable manager skills
  • Customer Service, 7%
  • Reconciliations, 6%
  • Purchase Orders, 5%
  • Vendor Invoices, 5%
  • Financial Statements, 4%
  • Payroll, 4%

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