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Commercial lending vice president vs accounts payable manager

The differences between commercial lending vice presidents 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 commercial lending vice president and an accounts payable manager. Additionally, a commercial lending vice president has an average salary of $94,727, which is higher than the $69,808 average annual salary of an accounts payable manager.

The top three skills for a commercial lending vice president include loan portfolio, financial statements and business development. The most important skills for an accounts payable manager are customer service, reconciliations, and purchase orders.

Commercial lending vice president vs accounts payable manager overview

Commercial Lending Vice PresidentAccounts Payable Manager
Yearly salary$94,727$69,808
Hourly rate$45.54$33.56
Growth rate17%17%
Number of jobs58,56353,384
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 58%
Average age4646
Years of experience88

What does a commercial lending vice president do?

A Commercial Lending Vice President provides customers with financial counseling and recommends bank products that fit their needs. They monitor a team of loan officers.

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.

Commercial lending vice president vs accounts payable manager salary

Commercial lending vice presidents and accounts payable managers have different pay scales, as shown below.

Commercial Lending Vice PresidentAccounts Payable Manager
Average salary$94,727$69,808
Salary rangeBetween $73,000 And $121,000Between $51,000 And $95,000
Highest paying City-Beaverton, OR
Highest paying state-Oregon
Best paying company-Microsoft
Best paying industry-Finance

Differences between commercial lending vice president and accounts payable manager education

There are a few differences between a commercial lending vice president and an accounts payable manager in terms of educational background:

Commercial Lending Vice PresidentAccounts Payable Manager
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 58%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lending vice president vs accounts payable manager demographics

Here are the differences between commercial lending vice presidents' and accounts payable managers' demographics:

Commercial Lending Vice PresidentAccounts Payable Manager
Average age4646
Gender ratioMale, 81.7% Female, 18.3%Male, 24.0% Female, 76.0%
Race ratioBlack or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 7.3% 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 commercial lending vice president and accounts payable manager duties and responsibilities

Commercial lending vice president example responsibilities.

  • Establish and manage customer relationships, credit approval/recommendation, documentation, servicing of commercial, real estate, and SBA loans.
  • Manage a loan pipeline from origination through to settlement and funding in accordance with Bankpolicies, procedures and regulatory requirements.
  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Expand commercial loan product offerings by establish bank with the SBA, enabling usage of SBA programs for loan risk mitigation.
  • Co-Manage a portfolio of $275MM with a senior relationship manager facilitating underwriting, renewals and origination.
  • Manage a loan pipeline from origination through to settlement and funding in accordance with Bankpolicies, procedures and regulatory requirements.
  • 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

Commercial lending vice president vs accounts payable manager skills

Common commercial lending vice president skills
  • Loan Portfolio, 11%
  • Financial Statements, 7%
  • Business Development, 7%
  • Real Estate Loans, 6%
  • Commercial Banking, 5%
  • Commercial Loans, 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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