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The differences between account associates and accounts payable clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an account associate and an accounts payable clerk. Additionally, an account associate has an average salary of $48,927, which is higher than the $38,333 average annual salary of an accounts payable clerk.
The top three skills for an account associate include customer service, work ethic and develop leads. The most important skills for an accounts payable clerk are customer service, data entry, and purchase orders.
| Account Associate | Accounts Payable Clerk | |
| Yearly salary | $48,927 | $38,333 |
| Hourly rate | $23.52 | $18.43 |
| Growth rate | -5% | -5% |
| Number of jobs | 98,235 | 89,564 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 46% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
An account associate is responsible for supporting the accounting and finance department in performing accounting operations, bookkeeping functions, and other related clerical tasks. Account associates analyze and sort financial statements accordingly, assist on payroll processing, evaluate account reconciliations and receivables, create financial reports, and updating recent account information on the database. They also handle clients' inquiries and concerns, routing calls to the appropriate accounting staff or department. An account associate must have excellent analytical and communication skills, as well as comprehensive knowledge of the accounting principles.
An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.
Account associates and accounts payable clerks have different pay scales, as shown below.
| Account Associate | Accounts Payable Clerk | |
| Average salary | $48,927 | $38,333 |
| Salary range | Between $35,000 And $67,000 | Between $30,000 And $48,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | Massachusetts |
| Best paying company | Pacific Investment Management Company LLC | Jane Street |
| Best paying industry | Finance | Technology |
There are a few differences between an account associate and an accounts payable clerk in terms of educational background:
| Account Associate | Accounts Payable Clerk | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 46% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between account associates' and accounts payable clerks' demographics:
| Account Associate | Accounts Payable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 38.9% Female, 61.1% | Male, 17.2% Female, 82.8% |
| Race ratio | Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.4% American Indian and Alaska Native, 0.6% | Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |