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The differences between lead portfolio 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 a lead portfolio manager and an accounts payable manager. Additionally, a lead portfolio manager has an average salary of $131,603, which is higher than the $69,808 average annual salary of an accounts payable manager.
The top three skills for a lead portfolio manager include project management, financial models and customer satisfaction. The most important skills for an accounts payable manager are customer service, reconciliations, and purchase orders.
| Lead Portfolio Manager | Accounts Payable Manager | |
| Yearly salary | $131,603 | $69,808 |
| Hourly rate | $63.27 | $33.56 |
| Growth rate | 17% | 17% |
| Number of jobs | 36,712 | 53,384 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 58% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A portfolio manager can be called a wealth manager responsible for developing and managing investment allocation for different clients. Their focus is on the critical aspect of investing money. Often, they work with individuals to assess and determine what strategy will be done for investment. They are the one who creates an investment package according to what the clients want. Also, this career provides security and protection for clients to ensure the return of investment.
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.
Lead portfolio managers and accounts payable managers have different pay scales, as shown below.
| Lead Portfolio Manager | Accounts Payable Manager | |
| Average salary | $131,603 | $69,808 |
| Salary range | Between $83,000 And $207,000 | Between $51,000 And $95,000 |
| Highest paying City | San Francisco, CA | Beaverton, OR |
| Highest paying state | Alaska | Oregon |
| Best paying company | Deutsche Bank | Microsoft |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a lead portfolio manager and an accounts payable manager in terms of educational background:
| Lead Portfolio Manager | Accounts Payable Manager | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 58% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between lead portfolio managers' and accounts payable managers' demographics:
| Lead Portfolio Manager | Accounts Payable Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 69.0% Female, 31.0% | Male, 24.0% Female, 76.0% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.1% White, 63.4% 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% |