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The differences between accounting clerks lead and accounts receivable 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 clerk lead and an accounts receivable clerk. Additionally, an accounting clerk lead has an average salary of $70,816, which is higher than the $36,425 average annual salary of an accounts receivable clerk.
The top three skills for an accounting clerk lead include general ledger, HR and GAAP. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.
| Accounting Clerk Lead | Accounts Receivable Clerk | |
| Yearly salary | $70,816 | $36,425 |
| Hourly rate | $34.05 | $17.51 |
| Growth rate | -5% | -5% |
| Number of jobs | 100,886 | 87,935 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 36% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
Accounting Clerk Leads are professionals who are responsible for leading a team of junior-level clerks to maintain a record of a wide range of financial transactions for an organization. These clerks are required to settle and update general ledger accounts by reviewing the month-end process. They are required to develop and implement accounting policies and procedures by following the generally accepted accounting principles (GAAP) to ensure external financial statements and internal management reports. Accounting clerk leads must also coordinate all accounting activities related to internal controls.
An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.
Accounting clerks lead and accounts receivable clerks have different pay scales, as shown below.
| Accounting Clerk Lead | Accounts Receivable Clerk | |
| Average salary | $70,816 | $36,425 |
| Salary range | Between $42,000 And $118,000 | Between $29,000 And $45,000 |
| Highest paying City | San Francisco, CA | Boston, MA |
| Highest paying state | California | Massachusetts |
| Best paying company | Square | IBM |
| Best paying industry | Manufacturing | Finance |
There are a few differences between an accounting clerk lead and an accounts receivable clerk in terms of educational background:
| Accounting Clerk Lead | Accounts Receivable Clerk | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 36% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting clerks lead' and accounts receivable clerks' demographics:
| Accounting Clerk Lead | Accounts Receivable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 26.1% Female, 73.9% | Male, 13.7% Female, 86.3% |
| Race ratio | Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.4% 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% |