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Account payables analyst vs payroll analyst

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 vs payroll analyst overview

Account Payables AnalystPayroll Analyst
Yearly salary$54,356$54,217
Hourly rate$26.13$26.07
Growth rate-5%-3%
Number of jobs73,98515,555
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 60%
Average age5148
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 a payroll analyst do?

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 analyst vs payroll analyst salary

Account payables analysts and payroll analysts have different pay scales, as shown below.

Account Payables AnalystPayroll Analyst
Average salary$54,356$54,217
Salary rangeBetween $39,000 And $74,000Between $39,000 And $74,000
Highest paying CitySan Francisco, CAOlympia, WA
Highest paying stateNew YorkWashington
Best paying companySMTCVarian Medical Systems
Best paying industryEnergyTechnology

Differences between account payables analyst and payroll analyst education

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

Account Payables AnalystPayroll Analyst
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 60%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account payables analyst vs payroll analyst demographics

Here are the differences between account payables analysts' and payroll analysts' demographics:

Account Payables AnalystPayroll Analyst
Average age5148
Gender ratioMale, 26.3% Female, 73.7%Male, 24.2% Female, 75.8%
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, 10.1% Unknown, 6.1% Hispanic or Latino, 18.6% Asian, 6.1% White, 57.6% American Indian and Alaska Native, 1.5%
LGBT Percentage7%10%

Differences between account payables analyst and payroll analyst 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

Payroll analyst example responsibilities.

  • Manage all activities relate to base pay, overtime, PTO, garnishments and payroll tax.
  • Perform monthly accounting functions including journal entries, general ledger account reconciliations, benefit and salary accruals, and headcount reconciliations.
  • Create PowerPoint slides to train new timekeepers and managers in KRONOS.
  • Lead functional tester in support of timekeeping, payroll and labor upgrades and conversion projects.
  • Support the third-party web applications like KRONOS and custom-built time entry systems to input the time data
  • Enter new hires, terminations, and employee maintenance changes into HRIS & ADP including process employee benefit elections.
  • Show more

Account payables analyst vs payroll analyst skills

Common account payables analyst skills
  • Customer Service, 11%
  • Data Entry, 6%
  • Purchase Orders, 5%
  • Reconciliations, 5%
  • Vendor Invoices, 5%
  • Expense Reports, 4%
Common payroll analyst skills
  • Customer Service, 11%
  • Payroll System, 6%
  • Payroll Data, 4%
  • Human Resources, 4%
  • Reconciliations, 4%
  • Data Entry, 3%

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