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Accounts payable assistant vs accounts receivable analyst

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 vs accounts receivable analyst overview

Accounts Payable AssistantAccounts Receivable Analyst
Yearly salary$37,145$43,692
Hourly rate$17.86$21.01
Growth rate-5%-8%
Number of jobs31,34126,558
Job satisfaction--
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 61%
Average age5146
Years of experience612

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 accounts receivable analyst do?

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 assistant vs accounts receivable analyst salary

Accounts payable assistants and accounts receivable analysts have different pay scales, as shown below.

Accounts Payable AssistantAccounts Receivable Analyst
Average salary$37,145$43,692
Salary rangeBetween $29,000 And $46,000Between $33,000 And $57,000
Highest paying CitySanta Cruz, CAArlington, VA
Highest paying stateCaliforniaConnecticut
Best paying companyEmerson CollegePacific Investment Management Company LLC
Best paying industryConstructionHospitality

Differences between accounts payable assistant and accounts receivable analyst education

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

Accounts Payable AssistantAccounts Receivable Analyst
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 61%
Most common majorAccountingBusiness
Most common collegeUniversity of Pennsylvania-

Accounts payable assistant vs accounts receivable analyst demographics

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

Accounts Payable AssistantAccounts Receivable Analyst
Average age5146
Gender ratioMale, 15.2% Female, 84.8%Male, 29.4% Female, 70.6%
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, 14.2% Unknown, 4.0% Hispanic or Latino, 18.7% Asian, 3.5% White, 59.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between accounts payable assistant and accounts receivable 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

Accounts receivable analyst example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Perform and analyze all accounts receivable duties, including proper application of cash, check, ACH, and wire transactions.
  • Forecast estimate check clearing, deposits, ACH activities and other variables in order to set guidelines for daily cash position.
  • Verify benefits and eligibility for new patients.
  • Determine medical benefits base on contractual agreements assuring benefits are applied correctly for patients during claims processing.
  • Code invoices, research customer information, perform detail reconciliations, analyze exceptions with customer information and billing.
  • Show more

Accounts payable assistant vs accounts receivable 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 accounts receivable analyst skills
  • Customer Service, 13%
  • Reconciliations, 8%
  • Customer Accounts, 7%
  • Pivot Tables, 4%
  • Patients, 4%
  • Financial Reports, 4%

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