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Account payables analyst vs accounts payable technician

The differences between account payables analysts and accounts payable technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an account payables analyst, becoming an accounts payable technician takes usually requires 2-4 years. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $47,325 average annual salary of an accounts payable technician.

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 technician are FAA, A/P, and powerplant.

Account payables analyst vs accounts payable technician overview

Account Payables AnalystAccounts Payable Technician
Yearly salary$54,356$47,325
Hourly rate$26.13$22.75
Growth rate-5%6%
Number of jobs73,98523,079
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 39%
Average age5140
Years of experience64

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 technician do?

An Accounts Payable Technician performs the day-to-day processing of accounts payable transactions. They prepare and process invoices and other financial documents manually or by using specialized automated software.

Account payables analyst vs accounts payable technician salary

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

Account Payables AnalystAccounts Payable Technician
Average salary$54,356$47,325
Salary rangeBetween $39,000 And $74,000Between $33,000 And $66,000
Highest paying CitySan Francisco, CAJuneau, AK
Highest paying stateNew YorkAlaska
Best paying companySMTCBaptist Health Care
Best paying industryEnergyManufacturing

Differences between account payables analyst and accounts payable technician education

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

Account Payables AnalystAccounts Payable Technician
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 39%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaSUNY Farmingdale

Account payables analyst vs accounts payable technician demographics

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

Account Payables AnalystAccounts Payable Technician
Average age5140
Gender ratioMale, 26.3% Female, 73.7%Male, 55.0% Female, 45.0%
Race ratioBlack 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, 9.1% Unknown, 5.0% Hispanic or Latino, 23.2% Asian, 6.8% White, 55.3% American Indian and Alaska Native, 0.6%
LGBT Percentage7%2%

Differences between account payables analyst and accounts payable technician 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.
  • Show more

Accounts payable technician example responsibilities.

  • Manage the FOD prevention program to reduce costly repairs and increase the participation in FOD awareness and FOD walk downs.
  • Utilize technical data to troubleshoot maintenance issues.
  • Obtain practical experience on the Garrett TPE-331 powerplant.
  • Maintain catalog of store A/P, A/R source documents.
  • Enter all invoices into a/p software, assigns g/l account numbers & appropriate cost centers.
  • Obtain practical experience on the TFE-731 Garrett powerplant and hot section inspection experience on the Pratt and Whitney PT6.
  • Show more

Account payables analyst vs accounts payable technician 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 technician skills
  • FAA, 13%
  • A/P, 9%
  • Powerplant, 9%
  • Airframe, 8%
  • Troubleshoot, 7%
  • Hand Tools, 5%

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