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The differences between account payables analysts and payroll analysts 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 a payroll analyst takes usually requires 2-4 years. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $54,217 average annual salary of a payroll analyst.
The top three skills for an account payables analyst include customer service, data entry and purchase orders. The most important skills for a payroll analyst are customer service, payroll system, and payroll data.
| Account Payables Analyst | Payroll Analyst | |
| Yearly salary | $54,356 | $54,217 |
| Hourly rate | $26.13 | $26.07 |
| Growth rate | -5% | -3% |
| Number of jobs | 73,985 | 15,555 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 60% |
| Average age | 51 | 48 |
| Years of experience | 6 | 4 |
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.
A payroll analyst is primarily in charge of overseeing a company's payroll processes and transactions, ensuring efficiency and timeliness. Their responsibilities typically revolve around coordinating with human resources for accurate and complete timesheets and employee data, managing calendars and schedules, calculating wages and deductions, and performing consistent audits. There are also instances when a payroll analyst must perform clerical tasks such as processing documents, prepare progress reports, and respond to employee inquiries. Furthermore, it is essential to report to managers should there be any issues and concerns.
Account payables analysts and payroll analysts have different pay scales, as shown below.
| Account Payables Analyst | Payroll Analyst | |
| Average salary | $54,356 | $54,217 |
| Salary range | Between $39,000 And $74,000 | Between $39,000 And $74,000 |
| Highest paying City | San Francisco, CA | Olympia, WA |
| Highest paying state | New York | Washington |
| Best paying company | SMTC | Varian Medical Systems |
| Best paying industry | Energy | Technology |
There are a few differences between an account payables analyst and a payroll analyst in terms of educational background:
| Account Payables Analyst | Payroll Analyst | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 60% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between account payables analysts' and payroll analysts' demographics:
| Account Payables Analyst | Payroll Analyst | |
| Average age | 51 | 48 |
| Gender ratio | Male, 26.3% Female, 73.7% | Male, 24.2% Female, 75.8% |
| 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, 10.1% Unknown, 6.1% Hispanic or Latino, 18.6% Asian, 6.1% White, 57.6% American Indian and Alaska Native, 1.5% |
| LGBT Percentage | 7% | 10% |