Home > Salary > India > Account Payable Specialist
An accounts payable specialist is responsible for managing and processing all incoming invoices and payments for an organization. They ensure that all invoices are accurate, properly coded, and approved before making payments to vendors or suppliers. This includes reconciling invoices with purchase orders and resolving any discrepancies or issues that may arise. Additionally, they maintain vendor records, track expenses, and prepare financial reports related to accounts payable activities. Attention to detail, strong organizational skills, and proficiency in accounting software are essential for success in this role.
Estimated Yearly Salary: 1,408,355 INR
Estimated Monthly Salary: 117,363 INR
Estimated Weekly Salary: 27,084 INR per week
Estimated Hourly Salary: 677 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 113,430 INR
Estimated Weekly Salary: 26,176 INR per week
Estimated Hourly Salary: 654 INR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 15,682 USD
Estimated Monthly Salary: 1,307 USD
Estimated Weekly Salary: 302 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,408,355 INR
Estimated Monthly Salary: 117,363 INR
Estimated Weekly Salary: 27,084 INR per week
Estimated Hourly Salary: 677 INR per hour
By working as Account Payable Specialist a person can save up to 412 USD per month or 4,940 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Account Payable Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Account Payable Specialist salary in India
Average Yearly Salary of Account Payable Specialist in India is approximately 1,408,355 INR (15,682 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Account Payable Specialist do?
An accounts payable specialist is responsible for managing and processing all incoming invoices and payments for an organization. They ensure that all invoices are accurate, properly coded, and approved before making payments to vendors or suppliers. This includes reconciling invoices with purchase orders and resolving any discrepancies or issues that may arise. Additionally, they maintain vendor records, track expenses, and prepare financial reports related to accounts payable activities. Attention to detail, strong organizational skills, and proficiency in accounting software are essential for success in this role.
Skills: Account Payable, Finance, Accounting, Invoicing, Payment Processing, Vendor Management
Job industry: Finance
Job industry: Finance
How much does Account Payable Specialist make?
Salary details
How much does Account Payable Specialist make?Estimated Yearly Salary: 1,408,355 INR
Estimated Monthly Salary: 117,363 INR
Estimated Weekly Salary: 27,084 INR per week
Estimated Hourly Salary: 677 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,361,160 INREstimated Monthly Salary: 113,430 INR
Estimated Weekly Salary: 26,176 INR per week
Estimated Hourly Salary: 654 INR per hour
Last revision of data: 2024-01-06Account Payable Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 15,682 USD
Estimated Monthly Salary: 1,307 USD
Estimated Weekly Salary: 302 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Account Payable Specialist job salary compared to average salary in India.
Comparison shows that a person working as Account Payable Specialist in India earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Account Payable Specialist job salary compared to average salary in India.
Comparison shows that a person working as Account Payable Specialist in India earns on average:
0.76 times the average salary (or 76% of average salary).
Is Account Payable Specialist a well paid job?
No, our data shows that Account Payable Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Account Payable Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Account Payable Specialist?
High salary for Account Payable Specialist would be somewhere between 1,549,191 INR and 2,042,115 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Account Payable Specialist in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 1,408,355 INR
Estimated Monthly Salary: 117,363 INR
Estimated Weekly Salary: 27,084 INR per week
Estimated Hourly Salary: 677 INR per hour
By working as Account Payable Specialist a person can save up to 412 USD per month or 4,940 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Account Payable Specialist
Pakistan is 1,108 USD
China is 8,981 USD
Nepal is 5,135 USD
Bangladesh is 1,973 USD
Afghanistan is 4,209 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
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7. Urologist
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Data as of 2025Random salary:
Cartoonist (1,207,530 INR per year, pre-tax.)
Office helper (790,380 INR per year, pre-tax.)
Radiology scheduler (1,273,410 INR per year, pre-tax.)
Quality assurance coordinator (1,193,805 INR per year, pre-tax.)
Javascript developer (3,388,954 INR per year, pre-tax.)
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