Accounts Payable Manager in Minneapolis, MN

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 Minneapolis, MN

70620 - 97638

25th percentile

70620

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

78645

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

97638

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Accounts Receivable Manager

70888

81320

102185

Accounts Payable Specialist

48418

54838

59653

Accounts Receivable Specialist

50290

55908

60990

Accounts Receivable Analyst

57780

64200

72225

Accounts Payable Analyst

55373

60990

67410

Accounts Receivable Clerk

43870

48953

53768

Accounts Payable Clerk

43068

48150

53768

Billing Manager/Supervisor

56978

70620

89078

Billing Coordinator/Specialist

43068

49220

57513

Billing Clerk

41195

45743

50290

Purchasing Manager – Accounting Operations

67410

81588

96300

Inventory Analyst

46545

58048

69818

Inventory Clerk

38788

44138

54570

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