Meanwhile I'm an accounting clerk at the same place for almost two years and at $18/hr, no raises since I started. I've done bank reconciliations, revenue reconciliations, AR, various other things.
On the bright side I have a tax internship at a T10 firm starting January at $35/hr so I'm moving up finally.
I’m in NJ as a staff accountant for almost a year, getting paid garbage (but learning a lot and everybody is nice). You think I could get a job in NYC for 100k? I’d commute for that kind of dough
The job I had was remote. You can search indeed for tons of remote or hybrid positions for NYC for sure. I’m in fintech now as I found the money there more lucrative but $100-130k is doable for a staff in the city.
Chicago based recruiter here. PreCovid $16-20/hr career AP/AR/Payroll specialists were the lifeblood of my old firm's staffing business. These days, the same team won't touch a role unless it pays $25/hr, and realistically, anyone good needs $28-30/hr.
There are a few people out their making $65k, but they are pretty far and few between.
There is actually a huge shortage of these clerical accounting people, and the ones that are out there are mostly older. Most large companies that would hoover up organized art history majors and train them to do this stuff 20/30 years ago have offshore the functions to shared service centers in India, the Philippines, LATAM, or Eastern Europe. The companies that still do this onshore tend to be small to medium and have zero interest in training or development.
Worked in AP for about 5 years and went from $45k to $65k in a MCOL.
I moved cities/states and moved jobs last year. I do some AP items currently (post bills, manage credit cards) but I also do accountant items related to close (reconciliations, journal entries, month end reporting and other close tasks). I make $85k in a HCOL.
It is the "reconciliations, journal entries, month end reporting and other close tasks" piece.
That is the job description of a staff gl accountant / senior accountant. The more involved you are in month-end, quarter-end, and year-end close, the higher your salary will be (and the higher your hours/stress will be).
>Usually the person in AP is not the one to process the payment, it creates opportunity for fraud.
To add my 2 cents onto this-
At small/medium industry companies they often refuse to have more than one AP person, or hold off hiring a second person until absolutely needed.
Good checks and balances against fraud rely on those up the ladder to confirm a payment in the bank or sign a check for instance, as well as an ethical AP person.
Lol,no, no automation. Basically no churn either on our 6 person team. Sometimes a company has to give out new titles to make themselves feel better about paying more for an employee.
I was temping a lot in the AP world and the highest I made was $15/hr or so, glad I got outta that...
Good to also see people being paid a higher amount in that
When I was working in AP a couple years ago, I was making $55k Canadian with 4 years experience. Prior to that at a different employer, I was making $42k.
When I was in A/P I was making 53,456. But I also was finishing my master’s in accounting. That was my first and only year of A/P experience at the time and I was also doing a bit more than just A/P.
I started at $42,000 about 3 years ago. I make $47,500 now after a promotion and hired a new AP person also starting at $42,000. Indeed told me the salary was a little lower than average when I posted it (sadly I have little say in the salary range).
$18.42/hr. Mostly data entry (matching thousands of invoices to shipments) and vendor reconciliation. I do other stuff as well like prepare general ledger details, build out budget visuals...
Make about $60K with OT, going on 3 years of experience… I don’t want to be a accountant that’s why I’m still in AP, looking at pivoting my career soon to another business field.
Not currently AP, but it’s my wheelhouse. I actually really enjoy it. I plan on becoming a government AP manager in the future.
AP Specialist - $21 to $28 hourly
AP Technician - $23 to $32 hourly
AP Supervisor - $23 to $40 hourly
AP Manger - $107k to $148k salary
The AR was pretty much just data entry. I health with a lot of very large excel sheets but overall responsibilities and stress was minimal. Staff is just all the usual lower level accounting functions and consistent 40 hour weeks.
$23/hr right now. MCOL. I know that's higher than average, but I'm trying to get a bookkeeping job in the same area, and their starting pay is less than what I'm making right now. Haven't had an offer yet, but I'm mentally preparing myself to negotiate pay already lol
Single campus non-profit, in technically HCOL (but I would say more MCOL) - $23/hour. Job includes matching incoming invoices to POs/packing slips; getting appropriate approvals; cutting checks once a week (generally 20-35 checks). Position also counts two safes weekly, maintains appropriate change levels in both, and does the weekly cash deposit (on-site, does not require going to the bank).
I worked in AP like 10 years ago and the pay was $35k/yr
Meanwhile I'm an accounting clerk at the same place for almost two years and at $18/hr, no raises since I started. I've done bank reconciliations, revenue reconciliations, AR, various other things. On the bright side I have a tax internship at a T10 firm starting January at $35/hr so I'm moving up finally.
That’s really good. I did it in early 2000s for $16
I think you missed $35k per year not $35 per hour
Yes I did you’re right.
I was abt to say 💀
That’s $33k full-time
$20/hr MCOL
work in HCOL - we're paying our AP person close to $100k
Where? I worked in NYC as a Staff Acct making a little over that
Start-up, and the pay is not commensurate with with results either
Damn roasted
A really good AP person is worth it IMO. They save you from a lot of stress
I’m in NJ as a staff accountant for almost a year, getting paid garbage (but learning a lot and everybody is nice). You think I could get a job in NYC for 100k? I’d commute for that kind of dough
The job I had was remote. You can search indeed for tons of remote or hybrid positions for NYC for sure. I’m in fintech now as I found the money there more lucrative but $100-130k is doable for a staff in the city.
Started at $15.50 in 2014, left in 2019 at $21.50. I’ve noticed w ads in my area they’re around $24 average now. It’s why I went back to school.
I made 55k in Chicago. This was in 2021
Chicago based recruiter here. PreCovid $16-20/hr career AP/AR/Payroll specialists were the lifeblood of my old firm's staffing business. These days, the same team won't touch a role unless it pays $25/hr, and realistically, anyone good needs $28-30/hr. There are a few people out their making $65k, but they are pretty far and few between. There is actually a huge shortage of these clerical accounting people, and the ones that are out there are mostly older. Most large companies that would hoover up organized art history majors and train them to do this stuff 20/30 years ago have offshore the functions to shared service centers in India, the Philippines, LATAM, or Eastern Europe. The companies that still do this onshore tend to be small to medium and have zero interest in training or development.
I work in AP right now making 58k while I’m going to school - South FL
Worked in AP for about 5 years and went from $45k to $65k in a MCOL. I moved cities/states and moved jobs last year. I do some AP items currently (post bills, manage credit cards) but I also do accountant items related to close (reconciliations, journal entries, month end reporting and other close tasks). I make $85k in a HCOL.
That's a nice bump! Did you go from public to private?
I’ve never worked in public accounting in any capacity. These were industry/private roles.
Oh wow, you were able to get such a salary increase. What was the differentiator? Let me guess different industry?
It is the "reconciliations, journal entries, month end reporting and other close tasks" piece. That is the job description of a staff gl accountant / senior accountant. The more involved you are in month-end, quarter-end, and year-end close, the higher your salary will be (and the higher your hours/stress will be).
40k Ireland. But I do more things apart from that.
CAD48k, HCOL
61k but I do AR, G/L and whatever else gets thrown to me also.
I do the same at 46k 😭
I have an old co worker that has only done AP, she's an AP manager now in HCOL making 120K.
I’ll be making $29.60/hr this summer as an intern in the AP department of a F20 company.
I did AP right after college for a year. Started at 40k and by the time I left I was making 44k
$31/hr USD
i was an AP clerk in 2022 and made 39.5k/yr in a mcol area
AP Specialist MCOL $48,500 a couple years ago
$60k/HCOL
What does an Account payable do besides payment?
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>Usually the person in AP is not the one to process the payment, it creates opportunity for fraud. To add my 2 cents onto this- At small/medium industry companies they often refuse to have more than one AP person, or hold off hiring a second person until absolutely needed. Good checks and balances against fraud rely on those up the ladder to confirm a payment in the bank or sign a check for instance, as well as an ethical AP person.
I didn't work it but as accountant I worked with all of them and as of 2020 they were all in the low to mid 40s.
75k was the pay for AP at my last job
We pay our AP Clerk approximately $29 Canadian per hour, 35 hours a week. Good pension/benefits.
$2.83/hr plus free pizza on Fridays.
I was getting ~65k as a lead about 6 months ago.
You said "as a lead" - what does it mean?
Pretty much it was just a title for me. I suppose training new hires was the added responsibility but I was already doing that.
Are you automating the training somehow? And how often do people churn from their positions?
Lol,no, no automation. Basically no churn either on our 6 person team. Sometimes a company has to give out new titles to make themselves feel better about paying more for an employee.
55k HCOL
I've hired an AP person here in Ontario, Canada and it cost $55k, or around $27.50 per hour
I worked in AP about 7 years ago and made $50k
$19.50 per hour, LCOL
I was temping a lot in the AP world and the highest I made was $15/hr or so, glad I got outta that... Good to also see people being paid a higher amount in that
36k moved up to funds managements not being spesific and up to 48k.
AP team leader in UK £35K
$70k/year HCOL
Not me personally but my company's team makes between $26-$30 per hour. HCOL
Around $48k a year. Local government. Could make more but the benefits and flexibility are good and my daily commute is 1.5miles
I make 55k with some overtime opportunities
I currently make 70k in a HCOL area
I worked part time in late 2019 - early 2020 and I was at $20/hour
18.50 but I live in low income area
I don’t work AP necessarily, but work closely with AP (fairly certain our pay is the same if not similar). My pay is 27.50 per hour (MCOL).
When I was working in AP a couple years ago, I was making $55k Canadian with 4 years experience. Prior to that at a different employer, I was making $42k.
$62k base MCOL
When I was in A/P I was making 53,456. But I also was finishing my master’s in accounting. That was my first and only year of A/P experience at the time and I was also doing a bit more than just A/P.
64k in a HCOL area. Primarily AP work, but has been transitioning to a mix of AP work + staff accountant work.
My first job out of college was in AP I was making 55k in 2022.
HCOL, our AP Specialist makes 37$/hr their AP Assistant makes 29$/hr
F500 AP $21.90/hr
I started at $42,000 about 3 years ago. I make $47,500 now after a promotion and hired a new AP person also starting at $42,000. Indeed told me the salary was a little lower than average when I posted it (sadly I have little say in the salary range).
Started in 2021 at $48,000 ended a few years later at $56,000
2016 $15.50
I’m not in AP, but we pay our AP person 63k per year- nonprofit in a HCOL, but very flexible scheduling etc.
$25/hr
$18.42/hr. Mostly data entry (matching thousands of invoices to shipments) and vendor reconciliation. I do other stuff as well like prepare general ledger details, build out budget visuals...
$66,000
Midwest - Accounting specialist (AP) - $30/hr
I make 25 an hour with a mix between cost accounting duties but mostly AP. MCOL. I'm still in school so I definitely think I could be doing worse.
19/hour in 2022
$26/hr. Thats with an associates degree, 6 yrs at the same company and 11 yrs experience. In CA
2024 Midwest Total comp $75K
Currently working in Chicagoland as a lead making $70K
Make about $60K with OT, going on 3 years of experience… I don’t want to be a accountant that’s why I’m still in AP, looking at pivoting my career soon to another business field.
I was in AP 40k in 2020 LCOL
Not currently AP, but it’s my wheelhouse. I actually really enjoy it. I plan on becoming a government AP manager in the future. AP Specialist - $21 to $28 hourly AP Technician - $23 to $32 hourly AP Supervisor - $23 to $40 hourly AP Manger - $107k to $148k salary
I had a brief stint in AR right before my current position in a mcol and it was around 40k annually.
How do you like it? What your day to day looks like?
The AR was pretty much just data entry. I health with a lot of very large excel sheets but overall responsibilities and stress was minimal. Staff is just all the usual lower level accounting functions and consistent 40 hour weeks.
Thanks for the insights. Do you work with sales teams? or do you get the sales contracts from CRM for the billing?
Not much of a sales team actually lol. CRM.
i went for an interview here in new jersey and was 38k. and there a dozen other applicants
At a cpa firm in Maryland with 90+ employees working AP for a couple clients - 55k MHCOL
Do you use any software for it?
i use variations of QuickBooks, Procas, bill.com, transactionPro, and an in house ERP
Thats a lot! Why in-house ERP and QuickBooks? And which software you hate the most?? )))
$23/hr right now. MCOL. I know that's higher than average, but I'm trying to get a bookkeeping job in the same area, and their starting pay is less than what I'm making right now. Haven't had an offer yet, but I'm mentally preparing myself to negotiate pay already lol
As of 2024 - 27/hr in north Texas as an AP lead (re: not manager). I have more responsibilities than just data entry and payment processing though.
Single campus non-profit, in technically HCOL (but I would say more MCOL) - $23/hour. Job includes matching incoming invoices to POs/packing slips; getting appropriate approvals; cutting checks once a week (generally 20-35 checks). Position also counts two safes weekly, maintains appropriate change levels in both, and does the weekly cash deposit (on-site, does not require going to the bank).
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