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The differences between accounts payable assistants and accounts receivable analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounts payable assistant, becoming an accounts receivable analyst takes usually requires 6-12 months. Additionally, an accounts receivable analyst has an average salary of $43,692, 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 accounts receivable analyst are customer service, reconciliations, and customer accounts.
| Accounts Payable Assistant | Accounts Receivable Analyst | |
| Yearly salary | $37,145 | $43,692 |
| Hourly rate | $17.86 | $21.01 |
| Growth rate | -5% | -8% |
| Number of jobs | 31,341 | 26,558 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 61% |
| Average age | 51 | 46 |
| Years of experience | 6 | 12 |
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.
An Accounts Receivable Analyst provides accounts receivable support through monitoring all aspects of the collection of outstanding debts owed to a company. They check missing and unresolved payment issues, monitor overdue accounts, and prepare statements for managers.
Accounts payable assistants and accounts receivable analysts have different pay scales, as shown below.
| Accounts Payable Assistant | Accounts Receivable Analyst | |
| Average salary | $37,145 | $43,692 |
| Salary range | Between $29,000 And $46,000 | Between $33,000 And $57,000 |
| Highest paying City | Santa Cruz, CA | Arlington, VA |
| Highest paying state | California | Connecticut |
| Best paying company | Emerson College | Pacific Investment Management Company LLC |
| Best paying industry | Construction | Hospitality |
There are a few differences between an accounts payable assistant and an accounts receivable analyst in terms of educational background:
| Accounts Payable Assistant | Accounts Receivable Analyst | |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 61% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between accounts payable assistants' and accounts receivable analysts' demographics:
| Accounts Payable Assistant | Accounts Receivable Analyst | |
| Average age | 51 | 46 |
| Gender ratio | Male, 15.2% Female, 84.8% | Male, 29.4% Female, 70.6% |
| 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, 14.2% Unknown, 4.0% Hispanic or Latino, 18.7% Asian, 3.5% White, 59.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 8% |