Account payables analyst vs accounts payable lead

The differences between account payables analysts and accounts payable leads 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 payables analyst and an accounts payable lead. Additionally, an accounts payable lead has an average salary of $57,175, which is higher than the $54,356 average annual salary of an account payables analyst.

The top three skills for an account payables analyst include customer service, data entry and purchase orders. The most important skills for an accounts payable lead are FAA, purchase orders, and vendor invoices.

Account payables analyst vs accounts payable lead overview

	Account Payables Analyst	Accounts Payable Lead
Yearly salary	$54,356	$57,175
Hourly rate	$26.13	$27.49
Growth rate	-5%	-5%
Number of jobs	73,985	31,041
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 51%
Average age	51	51
Years of experience	6	6

What does an account payables analyst do?

An accounts payable analyst is primarily responsible for managing and processing invoices and payments, ensuring accuracy and timeliness. They are also responsible for coordinating with various departments to obtain and acquire data and invoices, submitting payments to external vendors and suppliers, identifying errors and inconsistencies, and providing corrective measures. One may also perform clerical tasks such as producing progress reports and presentations, managing schedules, addressing issues and concerns through calls and correspondence, and resolving them promptly and efficiently.

What does an accounts payable lead do?

Accounts payable leads are accounting professionals who are responsible for leading a team of professionals that manage the company's accounts payable, a short-term debt payment that needs to be paid to avoid default. These professionals are required to evaluate vendor invoices and prepare payments to pay vendors while preparing the daily expense reports. They must create the general ledger at the end of the month to reconcile closing balances. Accounts payable leads must also assist purchasing agents in resolving vendor or customer issues that pertained to inaccurate information on purchase orders.

Account payables analyst vs accounts payable lead salary

Account payables analysts and accounts payable leads have different pay scales, as shown below.

	Account Payables Analyst	Accounts Payable Lead
Average salary	$54,356	$57,175
Salary range	Between $39,000 And $74,000	Between $41,000 And $79,000
Highest paying City	San Francisco, CA	New York, NY
Highest paying state	New York	New York
Best paying company	SMTC	NV Energy
Best paying industry	Energy	Technology

Differences between account payables analyst and accounts payable lead education

There are a few differences between an account payables analyst and an accounts payable lead in terms of educational background:

	Account Payables Analyst	Accounts Payable Lead
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 51%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Account payables analyst vs accounts payable lead demographics

Here are the differences between account payables analysts' and accounts payable leads' demographics:

	Account Payables Analyst	Accounts Payable Lead
Average age	51	51
Gender ratio	Male, 26.3% Female, 73.7%	Male, 28.7% Female, 71.3%
Race ratio	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between account payables analyst and accounts payable lead duties and responsibilities

Account payables analyst example responsibilities.

Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
Perform month end close activities such as account reconciliations and journal entries resulting in accurate financial statement reporting.
Perform validation in ERP to ensure invoices not already paid.
Maintain fixed assets in ERP system to report the correct depreciation monthly.
Request current vendors to switch payment type from check to ACH and enroll in e-Invoicing for faster and more efficient processing.
Coordinate ACH implementation/conversion to electronic payment system.

Accounts payable lead example responsibilities.

Manage weekly payment scheduling to expedite and efficiently meet vendor payment deadlines; including check run dates, wires and ACH.
Manage payroll transactions utilizing ADP payroll software.
Process check runs: set payments within the system, verify accuracy, and print checks launch ACH payments.
Assist in the implementation of new ERP system by testing and providing information need to meet the accounts payable processes.
Process invoices, check requests, employee reimbursements, and credit memos and ensure compliance with SOX documentation and approval guidelines.
Transmit monthly payroll information for bank reconciliation.

Account payables analyst vs accounts payable lead skills

Common account payables analyst skills

Customer Service, 11%
Data Entry, 6%
Purchase Orders, 5%
Reconciliations, 5%
Vendor Invoices, 5%
Expense Reports, 4%

Common accounts payable lead skills

FAA, 7%
Purchase Orders, 7%
Vendor Invoices, 6%
Reconciliations, 6%
Data Entry, 5%
ACH, 5%

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Account Payables Analyst
Account Payables Analyst vs Accounts Payable Lead

Updated January 8, 2025

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