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Accounting coordinator vs accounts payable clerk

The differences between accounting coordinators 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 coordinator and an accounts payable clerk. Additionally, an accounting coordinator has an average salary of $44,639, which is higher than the $38,333 average annual salary of an accounts payable clerk.

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

Accounting coordinator vs accounts payable clerk overview

Accounting CoordinatorAccounts Payable Clerk
Yearly salary$44,639$38,333
Hourly rate$21.46$18.43
Growth rate-5%-5%
Number of jobs63,12989,564
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 46%
Average age5151
Years of experience66

What does an accounting coordinator do?

An accounting coordinator is responsible for assisting the operations of the organization's accounting department, processing financial reports, and serving as a liaison between the accounting staff and other department personnel or external parties. Accounting coordinators maintain a record of accounts payable and receivables, issuing invoices, updating account statements, resolving account discrepancies, and managing bank reconciliations. They also help with tax audits, as well as performing bookkeeping functions and other administrative tasks as needed. An accounting coordinator must have excellent analytical skills and knowledge of accounting principles and disciplines.

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 coordinator vs accounts payable clerk salary

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

Accounting CoordinatorAccounts Payable Clerk
Average salary$44,639$38,333
Salary rangeBetween $34,000 And $58,000Between $30,000 And $48,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkMassachusetts
Best paying companyCleary Gottlieb Steen & HamiltonJane Street
Best paying industryManufacturingTechnology

Differences between accounting coordinator and accounts payable clerk education

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

Accounting CoordinatorAccounts Payable Clerk
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 46%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting coordinator vs accounts payable clerk demographics

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

Accounting CoordinatorAccounts Payable Clerk
Average age5151
Gender ratioMale, 23.3% Female, 76.7%Male, 17.2% Female, 82.8%
Race ratioBlack 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%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 coordinator and accounts payable clerk duties and responsibilities

Accounting coordinator example responsibilities.

  • Train and manage employees in payroll operations, and achieve significant improvements in their productivity.
  • Manage accounting in QuickBooks, scheduling and material purchasing
  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Conduct online research, in order to acquire detail commission statements for commission ACH bank deposits and commission checks.
  • Perform complex account reconciliations and analysis to ensure proper support and documentation for balance sheet and income statement account balances.
  • Import previous day's invoices from POS system into QuickBooks using custom software correcting invoices as necessary to permit importing.
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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 coordinator vs accounts payable clerk skills

Common accounting coordinator skills
  • Customer Service, 12%
  • Reconciliations, 9%
  • Data Entry, 8%
  • Purchase Orders, 5%
  • General Ledger Accounts, 4%
  • Credit Card Payments, 4%
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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