Accounts Payable Manager Salary in Indore, IN
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How much does an Accounts Payable Manager make in Indore, IN? The average Accounts Payable Manager salary in Indore, IN is ₹1,736,892 as of March 18, 2021, but the range typically falls between ₹1,251,431 and ₹2,435,470. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost an Accounts Payable Manager Salary
Mastering key skills can significantly increase your earning potential as an Accounts Payable Manager. According to Salary.com's Real-time Job Posting Data, expertise in Leadership can lead to a 4% salary raise, while strong Internal Control skills boost pay by a 2%. Even Business Administration can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Leadership
Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Internal Control
Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.
Business Administration
It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.
More Skills...
Based on recent job listings, in-demand skills in the Accounts Payable Manager field include Leadership (4%), Internal Control (2%), and Business Administration (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| ₹1,806,368 |
Leadership
₹1,806,368
|
4%
|
|
| ₹1,771,630 |
Internal Control
₹1,771,630
|
2%
|
|
| ₹1,754,261 |
Business Administration
₹1,754,261
|
1%
|
What does an Accounts Payable Manager do?
Accounts Payable Manager
Lyon, FR
Prepare accurate, timely financial statements in accordance with our established schedule and with input from the rest of accounting department.
03/03/2021
Accounts Payable Manager
Medellin, CO
Prepare detailed account reconciliations, obtain corresponding support to verify accuracy of the financial numbers and resolve any reconciling items timely.
02/26/2021
Accounts Payable Manager
Bangalore, IN
Prepare monthly and quarterly reports and responses to information requests from state licensing entities and governmental agencies when applicable.
02/16/2021
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About Indore, India
Indore /ɪnˈdɔːr/ (listen) is the most populous and the largest city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and has campuses of both the Indian Institute of Technology and the Indian Institute of Management. Located on the southern edge of Malwa Plateau, at an average altitude of 553 meters (1,814 ft) above sea level, it has the highest elevation among major cities of Central India. The city is 190 km (120 mi) west of the state capital of Bhopal. Indore had a census-...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Accounts Payable Manager Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Mumbai, IN |
Compared to national average
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| City, Country Jaipur, IN |
Compared to national average
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| City, Country Kanpur, IN |
Compared to national average
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| City, Country Lucknow, IN |
Compared to national average
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| City, Country Nagpur, IN |
Compared to national average
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| City, Country Indore, IN |
Compared to national average
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Employees with Accounts Payable Manager in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).
Similar Jobs to Accounts Payable Manager in Indore, IN
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| Job Title | Location | Salary Range in INR |
|---|---|---|
| Job Title Accounts Payable Supervisor | Location Indore, IN |
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| Job Title Accounts Payable/Receivable Analyst | Location Indore, IN |
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| Job Title Accounts Payable/Receivable Clerk II | Location Indore, IN |
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| Job Title Accounts Payable/Receivable Manager | Location Indore, IN |
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| Job Title Accounts Payable/Receivable Operations Manager | Location Indore, IN |
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Understand the base salary paid range for an Accounts Payable Manager in Indore, IN
Average Base Salary
Core compensation
1251431
2435470
The chart shows the base salary for Accounts Payable Manager in Indore ranges from ₹1,251,431 to ₹2,435,470 with the average base salary of ₹1,736,892. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Accounts Payable Manager may get paid difference by industry, location, and factors.
Accounts Payable Manager Frequently Asked Questions
Can I expect to receive a higher salary for the position of Accounts Payable Manager in Mumbai than for the same job in Nagpur in the India?
On average, an Accounts Payable Manager, working in Mumbai, India, would generally get a higher salary than those working in the city of Nagpur. The larger cities in the IN typically provide numerous opportunities for Accounts Payable Manager Jobs. Since Indore, India is an attractive place to work for many professions, Accounts Payable Manager Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
March 18, 2021
salary.com
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What is the salary range for an Accounts Payable Manager in Indore, India? What is the average hourly rate?
The average salary for an Accounts Payable Manager in Indore, India is ₹1,736,892 per year. The salary range for an Accounts Payable Manager is between ₹1,251,431 and ₹2,435,470. While we are seeing hourly wages as high as ₹1,171 and as low as ₹602, the majority of Accounts Payable Managers are currently paid an average of ₹835 in Indore, India. The average salary pay range for an Accounts Payable Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Accounts Payable Manager in Indore, India can differ based on any or all of these varying factors.
March 18, 2021
salary.com
)
Besides the base pay, what other benefits might be negotiable when considering an Accounts Payable Manager job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that an Accounts Payable Manager working in Indore, India will receive in exchange for their job. Some common items included in the total compensation of an Accounts Payable Manager working in the Indore, India are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Indore, India might also offer long-term incentives such as stock options or stock grants for Accounts Payable Managers. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
March 18, 2021
salary.com
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Last Update: March 18, 2021