Accounts Payable Manager in Chicago, IL

Accounts Payable Manager Job Description

An accounts payable manager should have a history of reconciling accounts, managing relationships with vendors, and successfully developing and implementing accounts payable processes. Firms look for professionals with the organizational skills to track accounts payable procedures from invoices to payments. Strong verbal and written communication skills are also required to facilitate communication between vendors and other stakeholders. Top candidates will have a track record of delegating tasks and motivating the employees on their team. A bachelor’s degree in accounting, business administration, or a related field is expected.

Typical accounts payable manager duties include:

Overseeing the accounts payable process, including the processing of invoices and payments, accuracy of data entry, and timely payment of vendors

Ensuring compliance with accounting policies, procedures, and internal controls

Developing and implementing process improvements and automation to streamline accounts payable workflows

Managing the accounts payable team, including assigning work tasks and monitoring performance

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Salary for Accounts Payable Manager in Chicago, IL

83875 - 118035

25th percentile

83875

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

95465

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

118035

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Accounts Receivable Manager

86620

99125

121390

Accounts Receivable Analyst

71675

79300

89060

Accounts Receivable Specialist

64965

71370

75640

Accounts Receivable Clerk

52765

61610

68930

Accounts Payable Analyst

68930

75640

82960

Accounts Payable Specialist

61305

66795

75030

Accounts Payable Clerk

51850

58865

65575

Billing Manager/Supervisor

71675

87230

109190

Billing Specialist

52765

61305

71065

Billing Clerk

50630

57035

63135

Purchasing Manager

79910

96685

114070

Purchasing Assistant

50935

57645

67100

Inventory Analyst

57340

71675

86010

Inventory Clerk

47275

53680

65880

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