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The differences between risk management interns 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 risk management internship and an accounts payable manager. Additionally, an accounts payable manager has an average salary of $69,808, which is higher than the $46,800 average annual salary of a risk management internship.
The top three skills for a risk management internship include risk management, powerpoint and python. The most important skills for an accounts payable manager are customer service, reconciliations, and purchase orders.
| Risk Management Internship | Accounts Payable Manager | |
| Yearly salary | $46,800 | $69,808 |
| Hourly rate | $22.50 | $33.56 |
| Growth rate | 17% | 17% |
| Number of jobs | 120,198 | 53,384 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 58% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A risk management intern is responsible for assisting the risk management department in identifying potential risks on business functions and developing risk controls and procedures upon risk assessment. Risk management interns perform administrative duties under the supervision of tenured staff or a direct manager, such as writing risk evaluation reports, monitoring system failures, determining the risk levels, and supporting the implementation of business continuity plans. A risk management intern must have excellent communication and analytical skills, especially when conducting data analysis and reporting critical findings to the supervisor.
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.
Risk management interns and accounts payable managers have different pay scales, as shown below.
| Risk Management Internship | Accounts Payable Manager | |
| Average salary | $46,800 | $69,808 |
| Salary range | Between $25,000 And $86,000 | Between $51,000 And $95,000 |
| Highest paying City | - | Beaverton, OR |
| Highest paying state | - | Oregon |
| Best paying company | - | Microsoft |
| Best paying industry | - | Finance |
There are a few differences between a risk management internship and an accounts payable manager in terms of educational background:
| Risk Management Internship | Accounts Payable Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 58% |
| Most common major | Finance | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between risk management interns' and accounts payable managers' demographics:
| Risk Management Internship | Accounts Payable Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 56.1% Female, 43.9% | Male, 24.0% Female, 76.0% |
| Race ratio | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 11.9% Asian, 11.4% White, 64.3% 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% |