Accountable clerk vs accounts payable lead

The differences between accountable clerks and accounts payable leads can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an accountable clerk and an accounts payable lead. Additionally, an accounts payable lead has an average salary of $57,175, which is higher than the $38,120 average annual salary of an accountable clerk.

The top three skills for an accountable clerk include data entry, financial reports and purchase orders. The most important skills for an accounts payable lead are FAA, purchase orders, and vendor invoices.

Accountable clerk vs accounts payable lead overview

	Accountable Clerk	Accounts Payable Lead
Yearly salary	$38,120	$57,175
Hourly rate	$18.33	$27.49
Growth rate	-5%	-5%
Number of jobs	81,209	31,041
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 51%
Average age	51	51
Years of experience	6	6

What does an accountable clerk do?

The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget. They mostly process payments and income, ensuring accuracy in every detail and transaction. An accountable clerk may also have clerical tasks such as producing progress reports, answering calls and correspondence, coordinating with various department personnel, and maintaining a database of information. Should there be any issues, it is essential to report to a manager right away.

What does an accounts payable lead do?

Accounts payable leads are accounting professionals who are responsible for leading a team of professionals that manage the company's accounts payable, a short-term debt payment that needs to be paid to avoid default. These professionals are required to evaluate vendor invoices and prepare payments to pay vendors while preparing the daily expense reports. They must create the general ledger at the end of the month to reconcile closing balances. Accounts payable leads must also assist purchasing agents in resolving vendor or customer issues that pertained to inaccurate information on purchase orders.

Accountable clerk vs accounts payable lead salary

Accountable clerks and accounts payable leads have different pay scales, as shown below.

	Accountable Clerk	Accounts Payable Lead
Average salary	$38,120	$57,175
Salary range	Between $29,000 And $49,000	Between $41,000 And $79,000
Highest paying City	New Haven, CT	New York, NY
Highest paying state	Massachusetts	New York
Best paying company	Wayne County, Michigan	NV Energy
Best paying industry	Government	Technology

Differences between accountable clerk and accounts payable lead education

There are a few differences between an accountable clerk and an accounts payable lead in terms of educational background:

	Accountable Clerk	Accounts Payable Lead
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 51%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Accountable clerk vs accounts payable lead demographics

Here are the differences between accountable clerks' and accounts payable leads' demographics:

	Accountable Clerk	Accounts Payable Lead
Average age	51	51
Gender ratio	Male, 19.1% Female, 80.9%	Male, 28.7% Female, 71.3%
Race ratio	Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between accountable clerk and accounts payable lead duties and responsibilities

Accountable clerk example responsibilities.

Manage the accurate and timely processing of AP invoices for multiple companies.
Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Scan incoming A/P, A/R, bank statements, mail, etc.
Review AR aging to ensure compliance.
Process, distribute, and maintain AR invoices.
Review and handle in-clearing reject items (ACH and checks) and process check adjustments.

Accounts payable lead example responsibilities.

Manage weekly payment scheduling to expedite and efficiently meet vendor payment deadlines; including check run dates, wires and ACH.
Manage payroll transactions utilizing ADP payroll software.
Process check runs: set payments within the system, verify accuracy, and print checks launch ACH payments.
Assist in the implementation of new ERP system by testing and providing information need to meet the accounts payable processes.
Process invoices, check requests, employee reimbursements, and credit memos and ensure compliance with SOX documentation and approval guidelines.
Transmit monthly payroll information for bank reconciliation.

Accountable clerk vs accounts payable lead skills

Common accountable clerk skills

Data Entry, 11%
Financial Reports, 10%
Purchase Orders, 8%
Customer Service, 8%
Process Payroll, 8%
Office Equipment, 4%

Common accounts payable lead skills

FAA, 7%
Purchase Orders, 7%
Vendor Invoices, 6%
Reconciliations, 6%
Data Entry, 5%
ACH, 5%

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Accountable Clerk
Accountable Clerk vs Accounts Payable Lead

Updated January 8, 2025

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