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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 | Accounts Payable Manager | |
| Yearly salary | $69,403 | $69,808 |
| Hourly rate | $33.37 | $33.56 |
| Growth rate | 17% | 17% |
| Number of jobs | 53,859 | 53,384 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 58% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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 managers and accounts payable managers have different pay scales, as shown below.
| Accounts Receivable Manager | Accounts Payable Manager | |
| Average salary | $69,403 | $69,808 |
| Salary range | Between $42,000 And $114,000 | Between $51,000 And $95,000 |
| Highest paying City | San Francisco, CA | Beaverton, OR |
| Highest paying state | California | Oregon |
| Best paying company | Meta | Microsoft |
| Best paying industry | Technology | Finance |
There are a few differences between an accounts receivable manager and an accounts payable manager in terms of educational background:
| Accounts Receivable Manager | Accounts Payable Manager | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 58% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts receivable managers' and accounts payable managers' demographics:
| Accounts Receivable Manager | Accounts Payable Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 25.0% Female, 75.0% | Male, 24.0% Female, 76.0% |
| Race ratio | Black 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 Percentage | 11% | 11% |