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Branch banker vs accounts payable manager

The differences between branch bankers 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 a branch banker and an accounts payable manager. Additionally, an accounts payable manager has an average salary of $69,808, which is higher than the $33,076 average annual salary of a branch banker.

The top three skills for a branch banker include customer service, excellent interpersonal and customer relationships. The most important skills for an accounts payable manager are customer service, reconciliations, and purchase orders.

Branch banker vs accounts payable manager overview

Branch BankerAccounts Payable Manager
Yearly salary$33,076$69,808
Hourly rate$15.90$33.56
Growth rate17%17%
Number of jobs25,85353,384
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 58%
Average age4646
Years of experience88

What does a branch banker do?

A branch banker is responsible for assisting the customers in performing their financial transactions, updating their account information, and resolving bank discrepancies. Branch bankers guide the customers in handling their personal finances and recommend financial services according to the customers' needs and qualifications. They also create financial reports and identify opportunities that would generate more revenue resources by conducting data and statistical reviews. A branch banker must have excellent analytical skills, as well as extensive knowledge of the financial industry, to manage financial functions and set regulations accordingly.

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.

Branch banker vs accounts payable manager salary

Branch bankers and accounts payable managers have different pay scales, as shown below.

Branch BankerAccounts Payable Manager
Average salary$33,076$69,808
Salary rangeBetween $26,000 And $41,000Between $51,000 And $95,000
Highest paying CitySan Jose, CABeaverton, OR
Highest paying stateAlaskaOregon
Best paying companyJ.P. MorganMicrosoft
Best paying industryFinanceFinance

Differences between branch banker and accounts payable manager education

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

Branch BankerAccounts Payable Manager
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 58%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Branch banker vs accounts payable manager demographics

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

Branch BankerAccounts Payable Manager
Average age4646
Gender ratioMale, 32.2% Female, 67.8%Male, 24.0% Female, 76.0%
Race ratioBlack or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.1% White, 63.7% 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 branch banker and accounts payable manager duties and responsibilities

Branch banker example responsibilities.

  • Manage customer portfolios, service relationships, and used profiling analysis tools to identify cross-selling opportunities.
  • Have NMLS #for initiating loans.
  • Oversee entire loan process including application, origination, and closing.
  • Maintain the vault, the ATM, and associate security procedures.
  • Send and receive wire transfers, NMLS certify, handle client complaints, etc.
  • Process all teller transactions and balance individual cash drawer, branch vault, and ATM.
  • 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

Branch banker vs accounts payable manager skills

Common branch banker skills
  • Customer Service, 16%
  • Excellent Interpersonal, 15%
  • Customer Relationships, 10%
  • Financial Solutions, 8%
  • Loan Payments, 6%
  • Bank Products, 5%
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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