Post job

Account receivable associate vs account payables analyst

The differences between account receivable associates and account payables analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become an account receivable associate, becoming an account payables analyst takes usually requires 4-6 years. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $43,252 average annual salary of an account receivable associate.

The top three skills for an account receivable associate include customer service, data entry and patients. The most important skills for an account payables analyst are customer service, data entry, and purchase orders.

Account receivable associate vs account payables analyst overview

Account Receivable AssociateAccount Payables Analyst
Yearly salary$43,252$54,356
Hourly rate$20.79$26.13
Growth rate-8%-5%
Number of jobs79,26473,985
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 63%
Average age4651
Years of experience126

What does an account receivable associate do?

An account receivable associate is responsible for collecting and posting client payments for the company's services, recording system transactions timely, and reaching out to clients for outstanding bills. Account receivable associates settle accurate receipts for records, resolve payment discrepancies, and handle other related financial transactions. They also create comprehensive financial reports to the supervisor for review and submission to the senior management. An account receivable associate reviews contract agreements and discusses payment terms with the clients.

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.

Account receivable associate vs account payables analyst salary

Account receivable associates and account payables analysts have different pay scales, as shown below.

Account Receivable AssociateAccount Payables Analyst
Average salary$43,252$54,356
Salary rangeBetween $29,000 And $63,000Between $39,000 And $74,000
Highest paying CityWallingford, CTSan Francisco, CA
Highest paying stateConnecticutNew York
Best paying companyAlvarez & MarsalSMTC
Best paying industryTechnologyEnergy

Differences between account receivable associate and account payables analyst education

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

Account Receivable AssociateAccount Payables Analyst
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 63%
Most common majorBusinessAccounting
Most common college-University of Pennsylvania

Account receivable associate vs account payables analyst demographics

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

Account Receivable AssociateAccount Payables Analyst
Average age4651
Gender ratioMale, 23.5% Female, 76.5%Male, 26.3% Female, 73.7%
Race ratioBlack or African American, 14.3% Unknown, 4.0% Hispanic or Latino, 18.3% Asian, 3.5% White, 59.4% American Indian and Alaska Native, 0.5%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%
LGBT Percentage8%7%

Differences between account receivable associate and account payables analyst duties and responsibilities

Account receivable associate example responsibilities.

  • Manage daily credit card reconciliations and personally deliver regular cash deposits in a safe and professional manner.
  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Participate in month end close process by ensuring all assign journal entries and account reconciliations are perform timely and accurately.
  • Receive payments by credit card, ACH (automate clearing house) and electronic bank deposits.
  • Create and process ACH draft files, credit cards and manual deposits for multiple bank accounts.
  • Print and export daily EDI orders, match documents by PO number and forward to shipping department for processing.
  • Show more

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

Account receivable associate vs account payables analyst skills

Common account receivable associate skills
  • Customer Service, 19%
  • Data Entry, 8%
  • Patients, 8%
  • Good Judgment, 5%
  • Credit Card Payments, 4%
  • Cash Application, 4%
Common account payables analyst skills
  • Customer Service, 11%
  • Data Entry, 6%
  • Purchase Orders, 5%
  • Reconciliations, 5%
  • Vendor Invoices, 5%
  • Expense Reports, 4%

Browse office and administrative jobs