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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 | Accounts Payable Clerk | |
| Yearly salary | $44,639 | $38,333 |
| Hourly rate | $21.46 | $18.43 |
| Growth rate | -5% | -5% |
| Number of jobs | 63,129 | 89,564 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 46% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
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.
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 coordinators and accounts payable clerks have different pay scales, as shown below.
| Accounting Coordinator | Accounts Payable Clerk | |
| Average salary | $44,639 | $38,333 |
| Salary range | Between $34,000 And $58,000 | Between $30,000 And $48,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | Massachusetts |
| Best paying company | Cleary Gottlieb Steen & Hamilton | Jane Street |
| Best paying industry | Manufacturing | Technology |
There are a few differences between an accounting coordinator and an accounts payable clerk in terms of educational background:
| Accounting Coordinator | Accounts Payable Clerk | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 46% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting coordinators' and accounts payable clerks' demographics:
| Accounting Coordinator | Accounts Payable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 23.3% Female, 76.7% | Male, 17.2% Female, 82.8% |
| Race ratio | 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% | 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 Percentage | 7% | 7% |