Home > Salary > Singapore > Accounts Payable Specialist
An accounts payable specialist is responsible for managing and processing the company's financial obligations to vendors and suppliers. They ensure that invoices are accurate, approved, and paid on time, while also maintaining strong relationships with external parties. The specialist verifies and reconciles vendor statements, resolves any discrepancies or issues, and prepares reports for management. They also assist in month-end and year-end closing processes, ensuring all transactions are properly recorded and accounted for. Attention to detail, strong organizational skills, and proficiency in accounting software are crucial for success in this role.
Estimated Yearly Salary: 104,888 SGD
Estimated Monthly Salary: 8,741 SGD
Estimated Weekly Salary: 2,017 SGD per week
Estimated Hourly Salary: 50 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,424 SGD
Estimated Weekly Salary: 1,944 SGD per week
Estimated Hourly Salary: 49 SGD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 52,183 USD
Estimated Monthly Salary: 4,349 USD
Estimated Weekly Salary: 1,004 USD per week
Estimated Hourly Salary: 25 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 104,888 SGD
Estimated Monthly Salary: 8,741 SGD
Estimated Weekly Salary: 2,017 SGD per week
Estimated Hourly Salary: 50 SGD per hour
By working as Accounts Payable Specialist a person can save up to 1,661 USD per month or 19,927 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Accounts Payable Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Accounts Payable Specialist salary in Singapore
Average Yearly Salary of Accounts Payable Specialist in Singapore is approximately 104,888 SGD (52,183 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 Accounts Payable Specialist do?
An accounts payable specialist is responsible for managing and processing the company's financial obligations to vendors and suppliers. They ensure that invoices are accurate, approved, and paid on time, while also maintaining strong relationships with external parties. The specialist verifies and reconciles vendor statements, resolves any discrepancies or issues, and prepares reports for management. They also assist in month-end and year-end closing processes, ensuring all transactions are properly recorded and accounted for. Attention to detail, strong organizational skills, and proficiency in accounting software are crucial for success in this role.
Skills: accounts payable, financial management, invoice processing, vendor relations, reconciliation, financial reporting
Job industry: Accounting
Job industry: Accounting
How much does Accounts Payable Specialist make?
Salary details
How much does Accounts Payable Specialist make?Estimated Yearly Salary: 104,888 SGD
Estimated Monthly Salary: 8,741 SGD
Estimated Weekly Salary: 2,017 SGD per week
Estimated Hourly Salary: 50 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 101,082 SGDEstimated Monthly Salary: 8,424 SGD
Estimated Weekly Salary: 1,944 SGD per week
Estimated Hourly Salary: 49 SGD per hour
Last revision of data: 2024-01-06Accounts Payable Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 52,183 USD
Estimated Monthly Salary: 4,349 USD
Estimated Weekly Salary: 1,004 USD per week
Estimated Hourly Salary: 25 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Accounts Payable Specialist job salary compared to average salary in Singapore.
Comparison shows that a person working as Accounts Payable Specialist in Singapore earns on average:
1.1 times the average salary (or 110% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Accounts Payable Specialist job salary compared to average salary in Singapore.
Comparison shows that a person working as Accounts Payable Specialist in Singapore earns on average:
1.1 times the average salary (or 110% of average salary).
Is Accounts Payable Specialist a well paid job?
Yes, our data show that Accounts Payable Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Accounts Payable Specialist?
High salary for Accounts Payable Specialist would be somewhere between 115,377 SGD and 152,088 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Accounts Payable Specialist in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 104,888 SGD
Estimated Monthly Salary: 8,741 SGD
Estimated Weekly Salary: 2,017 SGD per week
Estimated Hourly Salary: 50 SGD per hour
By working as Accounts Payable Specialist a person can save up to 1,661 USD per month or 19,927 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Accounts Payable Specialist
Malaysia is 13,862 USD
Indonesia is 8,238 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 Singapore
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5. Neurosurgeon
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Data as of 2025Random salary:
Pbx operator (39,609 SGD per year, pre-tax.)
Chief scientist (211,530 SGD per year, pre-tax.)
Overhead crane inspector (131,407 SGD per year, pre-tax.)
Event planner (75,848 SGD per year, pre-tax.)
Air traffic controller (240,254 SGD per year, pre-tax.)
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