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Account Payable Specialist salary in Malaysia

Average Yearly Salary of Account Payable Specialist in Malaysia is approximately 62,374 MYR (12,417 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?

occupation personasAn 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


How much does Account Payable Specialist make?

Salary details
How much does Account Payable Specialist make?
Estimated Yearly Salary: 62,374 MYR
Estimated Monthly Salary: 5,198 MYR
Estimated Weekly Salary: 1,200 MYR per week
Estimated Hourly Salary: 30 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 60,080 MYR
Estimated Monthly Salary: 5,007 MYR
Estimated Weekly Salary: 1,155 MYR per week
Estimated Hourly Salary: 29 MYR per hour
Last revision of data: 2024-01-03



Account Payable Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 12,417 USD
Estimated Monthly Salary: 1,035 USD
Estimated Weekly Salary: 239 USD per week
Estimated Hourly Salary: 6 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

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.

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Salary comparison to National average

Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.

Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Account Payable Specialist job salary compared to average salary in Malaysia.
Comparison shows that a person working as Account Payable Specialist in Malaysia earns on average:
0.8 times the average salary (or 80% of average salary).

Is Account Payable Specialist a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Account Payable Specialist?

High salary for Account Payable Specialist would be somewhere between 68,611 MYR and 90,442 MYR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Account Payable Specialist in Malaysia?

Living in Malaysia the approximate monthly expenses are: 711 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: 62,374 MYR
Estimated Monthly Salary: 5,198 MYR
Estimated Weekly Salary: 1,200 MYR per week
Estimated Hourly Salary: 30 MYR per hour
By working as Account Payable Specialist a person can save up to 324 USD per month or 3,883 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 Malaysia, see costs of living in Malaysia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines.
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

Thailand is 5,070 USDdown arrow 59%
Details on Account Payable Specialist salary in Thailand
Indonesia is 7,399 USDdown arrow 40%
Details on Account Payable Specialist salary in Indonesia
Singapore is 47,108 USDup arrow 279%
Details on Account Payable Specialist salary in Singapore
Brunei is 22,001 USDup arrow 77%
Details on Account Payable Specialist salary in Brunei
Vietnam is 2,800 USDdown arrow 77%
Details on Account Payable Specialist salary in Vietnam
Philippines is 2,773 USDdown arrow 78%
Details on Account Payable Specialist salary in Philippines
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Malaysia

(927,752 MYR per year, pre-tax.)
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
(722,312 MYR per year, pre-tax.)
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
(703,305 MYR per year, pre-tax.)

Data as of 2025

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