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Account payables analyst vs senior accounting clerk

The differences between account payables analysts and senior accounting 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 payables analyst and a senior accounting clerk. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $46,531 average annual salary of a senior accounting clerk.

The top three skills for an account payables analyst include customer service, data entry and purchase orders. The most important skills for a senior accounting clerk are data entry, general ledger accounts, and reconciliations.

Account payables analyst vs senior accounting clerk overview

Account Payables AnalystSenior Accounting Clerk
Yearly salary$54,356$46,531
Hourly rate$26.13$22.37
Growth rate-5%-5%
Number of jobs73,98582,627
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 47%
Average age5151
Years of experience66

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 senior accounting clerk do?

Senior Accounting Clerks lead in a complex set of work staff and are responsible for performing governmental fund accounting that involves reporting and financial record keeping. They are responsible for resolving discrepancies, verifying and auditing financial reports, and inputting data into their financial accounting system. They must know methods of verifying and reconciling accounting records, accounts payable and receivable, and how to familiarize themselves with their firm's financial accounting software. They must also be skilled in handling large sums of cash with integrity and making manual arithmetical calculations with speed and accuracy.

Account payables analyst vs senior accounting clerk salary

Account payables analysts and senior accounting clerks have different pay scales, as shown below.

Account Payables AnalystSenior Accounting Clerk
Average salary$54,356$46,531
Salary rangeBetween $39,000 And $74,000Between $33,000 And $64,000
Highest paying CitySan Francisco, CASan Jose, CA
Highest paying stateNew YorkCalifornia
Best paying companySMTCEncore Capital Group
Best paying industryEnergyFinance

Differences between account payables analyst and senior accounting clerk education

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

Account Payables AnalystSenior Accounting Clerk
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 47%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account payables analyst vs senior accounting clerk demographics

Here are the differences between account payables analysts' and senior accounting clerks' demographics:

Account Payables AnalystSenior Accounting Clerk
Average age5151
Gender ratioMale, 26.3% Female, 73.7%Male, 18.0% Female, 82.0%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between account payables analyst and senior accounting clerk 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

Senior accounting clerk example responsibilities.

  • Manage payroll general ledger accounts including account reconciliations and monthly accruals.
  • Implement premium accounting statistical reports of all monies collect, including return items and general accounting from bank reconciliations.
  • Process ACH payments in accordance with company deadlines.
  • Cross train on many functions within the ACH department.
  • Monitor and clear holding accounts daily using PeopleSoft; prepare journals as necessary.
  • Assist with monthly, quarterly, and yearly closing processes, including accruals.
  • Show more

Account payables analyst vs senior accounting clerk skills

Common account payables analyst skills
  • Customer Service, 11%
  • Data Entry, 6%
  • Purchase Orders, 5%
  • Reconciliations, 5%
  • Vendor Invoices, 5%
  • Expense Reports, 4%
Common senior accounting clerk skills
  • Data Entry, 10%
  • General Ledger Accounts, 9%
  • Reconciliations, 8%
  • Senior Accounting, 7%
  • Purchase Orders, 7%
  • Credit Card Payments, 5%

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