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Accounts payable assistant vs account payables analyst

The differences between accounts payable assistants and account payables analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an accounts payable assistant and an account payables analyst. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $37,145 average annual salary of an accounts payable assistant.

The top three skills for an accounts payable assistant include data entry, purchase orders and vendor invoices. The most important skills for an account payables analyst are customer service, data entry, and purchase orders.

Accounts payable assistant vs account payables analyst overview

Accounts Payable AssistantAccount Payables Analyst
Yearly salary$37,145$54,356
Hourly rate$17.86$26.13
Growth rate-5%-5%
Number of jobs31,34173,985
Job satisfaction--
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 63%
Average age5151
Years of experience66

What does an accounts payable assistant do?

An accounts payable assistant is responsible for monitoring the company's billing transactions, ensuring the accurate and efficient completion of the business' financial obligations. Accounts payable assistants process invoices, resolve account discrepancies, manage bank reconciliation, create expense reports, and updating account information on the company's database. They work within a team of the accounting and finance department, assisting with tax filing and audit processes as needed. An accounts payable assistant must have excellent knowledge of the financial industry and accounting principles to perform various duties, as well as doing administrative and clerical tasks as needed.

What does an account payables analyst do?

An accounts payable analyst is primarily responsible for managing and processing invoices and payments, ensuring accuracy and timeliness. They are also responsible for coordinating with various departments to obtain and acquire data and invoices, submitting payments to external vendors and suppliers, identifying errors and inconsistencies, and providing corrective measures. One may also perform clerical tasks such as producing progress reports and presentations, managing schedules, addressing issues and concerns through calls and correspondence, and resolving them promptly and efficiently.

Accounts payable assistant vs account payables analyst salary

Accounts payable assistants and account payables analysts have different pay scales, as shown below.

Accounts Payable AssistantAccount Payables Analyst
Average salary$37,145$54,356
Salary rangeBetween $29,000 And $46,000Between $39,000 And $74,000
Highest paying CitySanta Cruz, CASan Francisco, CA
Highest paying stateCaliforniaNew York
Best paying companyEmerson CollegeSMTC
Best paying industryConstructionEnergy

Differences between accounts payable assistant and account payables analyst education

There are a few differences between an accounts payable assistant and an account payables analyst in terms of educational background:

Accounts Payable AssistantAccount Payables Analyst
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 63%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounts payable assistant vs account payables analyst demographics

Here are the differences between accounts payable assistants' and account payables analysts' demographics:

Accounts Payable AssistantAccount Payables Analyst
Average age5151
Gender ratioMale, 15.2% Female, 84.8%Male, 26.3% Female, 73.7%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between accounts payable assistant and account payables analyst duties and responsibilities

Accounts payable assistant example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Issue weekly payments to vendors by check, ACH, domestic wire, and international wire in USD and other currencies.
  • Assist in accounts payable/receivable including check deposits, credit card payments, ACH payments, credits, check runs, etc.
  • Compose effective accounting reports summarizing accounts payable data using QuickBooks.
  • Prepare payroll for salary and hourly personnel, including necessary reports for regulatory bodies.
  • Respond to payroll accounting inquires; provide resolution, information, or direction accordingly.
  • Show more

Account payables analyst example responsibilities.

  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Perform month end close activities such as account reconciliations and journal entries resulting in accurate financial statement reporting.
  • Perform validation in ERP to ensure invoices not already paid.
  • Maintain fixed assets in ERP system to report the correct depreciation monthly.
  • Request current vendors to switch payment type from check to ACH and enroll in e-Invoicing for faster and more efficient processing.
  • Coordinate ACH implementation/conversion to electronic payment system.
  • Show more

Accounts payable assistant vs account payables analyst skills

Common accounts payable assistant skills
  • Data Entry, 15%
  • Purchase Orders, 10%
  • Vendor Invoices, 9%
  • Payroll, 6%
  • Vendor Statements, 5%
  • Financial Reports, 4%
Common account payables analyst skills
  • Customer Service, 11%
  • Data Entry, 6%
  • Purchase Orders, 5%
  • Reconciliations, 5%
  • Vendor Invoices, 5%
  • Expense Reports, 4%

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