Salary for Account Payable Clerk In the U.S. information technology (IT) is a fast-growing field with a wide range of career opportunities including account payable clerk. Account payable clerks work in many different industries including education, healthcare, manufacturing and shipping to name just a few.
Account payable clerks are in charge of paying bills, which requires them to be organized and detail-oriented. They also need to be able to deal with a variety of people on a daily basis, including vendors, customers, and accountants.
According to the Bureau of Labor Statistics (BLS), the median wage for all accountants in 2017 was $69,260 per year, or $34.02 per hour. The average annual wage was $94,460 per year.
Salary for account payable clerk
A person working as an Accounts Payable Clerk in Nigeria typically earns around 169,000 NGN per month. Salaries range from 82,800 NGN (lowest) to 264,000 NGN (highest).
This is the average monthly salary including housing, transport, and other benefits. Accounts Payable Clerk salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Accounts Payable Clerk Salary Distribution in Nigeria
The median, the maximum, the minimum, and the range
- Salary RangeAccounts Payable Clerk salaries in Nigeria range from 82,800 NGN per month (minimum salary) to 264,000 NGN per month (maximum salary).
- Median SalaryThe median salary is 172,000 NGN per month, which means that half (50%) of people working as Accounts Payable Clerk(s) are earning less than 172,000 NGN while the other half are earning more than 172,000 NGN. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
- PercentilesClosely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Accounts Payable Clerk(s) are earning less than 115,000 NGN while 75% of them are earning more than 115,000 NGN. Also from the diagram, 75% of Accounts Payable Clerk(s) are earning less than 222,000 NGN while 25% are earning more than 222,000 NGN.
Accounts Payable Clerk Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Accounts Payable Clerk salaries by experience level and this is what we found.
An Accounts Payable Clerk with less than two years of experience makes approximately 98,200 NGN per month.
While someone with an experience level between two and five years is expected to earn 126,000 NGN per month, 29% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 174,000 NGN per month, 38% more than someone with two to five years of experience.
Additionally, Accounts Payable Clerk(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 216,000 NGN per month, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 231,000 NGN per month, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 247,000 NGN per month, 7% more than people with fifteen to twenty years of experience.
Accounts Payable Clerk average salary change by experience in Nigeria
| 0 – 2 Years | 98,200 NGN | |
| 2 – 5 Years | +29% | 126,000 NGN |
| 5 – 10 Years | +38% | 174,000 NGN |
| 10 – 15 Years | +24% | 216,000 NGN |
| 15 – 20 Years | +7% | 231,000 NGN |
| 20+ Years | +7% | 247,000 NGN |
Percentage increase and decrease are relative to the previous value
