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Accounting assistant vs accounts payable clerk

The differences between accounting assistants and accounts payable 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 accounting assistant and an accounts payable clerk. Additionally, an accounting assistant has an average salary of $39,569, which is higher than the $38,333 average annual salary of an accounts payable clerk.

The top three skills for an accounting assistant include data entry, customer service and reconciliations. The most important skills for an accounts payable clerk are customer service, data entry, and purchase orders.

Accounting assistant vs accounts payable clerk overview

Accounting AssistantAccounts Payable Clerk
Yearly salary$39,569$38,333
Hourly rate$19.02$18.43
Growth rate-5%-5%
Number of jobs63,94589,564
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 46%
Average age5151
Years of experience66

What does an accounting assistant do?

An accounting assistant is responsible for supporting the daily operations of the business' accounting department, from reviewing financial transactions to the submission of financial reports. Accounting assistants' duties include performing data entry and clerical tasks, maintaining a safe record of account statements, updating and analyzing transactions, verifying the accuracy of financial records, and managing customers and vendors' inquiries as immediate as possible. An accounting assistant must have a broad knowledge of the accounting principles and processes, as well as excellent communication and time-management skills, especially on meeting strict deadlines and doing complex tasks as needed.

What does an accounts payable clerk do?

An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.

Accounting assistant vs accounts payable clerk salary

Accounting assistants and accounts payable clerks have different pay scales, as shown below.

Accounting AssistantAccounts Payable Clerk
Average salary$39,569$38,333
Salary rangeBetween $30,000 And $50,000Between $30,000 And $48,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateNew YorkMassachusetts
Best paying companyLos Alamos National LaboratoryJane Street
Best paying industryFinanceTechnology

Differences between accounting assistant and accounts payable clerk education

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

Accounting AssistantAccounts Payable Clerk
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 46%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting assistant vs accounts payable clerk demographics

Here are the differences between accounting assistants' and accounts payable clerks' demographics:

Accounting AssistantAccounts Payable Clerk
Average age5151
Gender ratioMale, 20.1% Female, 79.9%Male, 17.2% Female, 82.8%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6%Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between accounting assistant and accounts payable clerk duties and responsibilities

Accounting assistant example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Participate in weekly, monthly, quarterly, and yearly audits to ensure SOX compliance and propose opportunities for improvement.
  • Meet with account teams to discuss job structure, new projects, client requests, billing procedures, and SOX requirements.
  • Reconcile departmental report cash against banking ACH transactions.
  • Process mortgage portfolio monthly payments and interest accruals.
  • Utilize online system for calculating payroll and family tuition payments.
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Accounts payable clerk example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Match, code, and process vendor payments via MAS90 accounting system - including check runs and ACH payments.
  • Perform duties in compliance with GAAP, company and department policies and procedures, internal controls, and Sarbanes-Oxley requirements.
  • Process division payroll in coordination with ADP payroll systems for semi-monthly and weekly union contract employees.
  • Scan and store documents daily, retrieve W2 and W9 information along with service provider agreements when or if need.
  • Print, review, research, edit, code and batch invoices for processing via the various ERP financial systems.
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Accounting assistant vs accounts payable clerk skills

Common accounting assistant skills
  • Data Entry, 13%
  • Customer Service, 11%
  • Reconciliations, 8%
  • Purchase Orders, 7%
  • Credit Card Payments, 6%
  • General Ledger Accounts, 5%
Common accounts payable clerk skills
  • Customer Service, 13%
  • Data Entry, 10%
  • Purchase Orders, 8%
  • Expense Reports, 6%
  • Vendor Invoices, 6%
  • Vendor Statements, 5%

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