Accounts payable associate vs account payables analyst

The differences between accounts payable associates 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 associate and an account payables analyst. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $39,270 average annual salary of an accounts payable associate.

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

Accounts payable associate vs account payables analyst overview

	Accounts Payable Associate	Account Payables Analyst
Yearly salary	$39,270	$54,356
Hourly rate	$18.88	$26.13
Growth rate	-5%	-5%
Number of jobs	30,845	73,985
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 63%
Average age	51	51
Years of experience	6	6

What does an accounts payable associate do?

An accounts payable associate is primarily responsible for processing bills and payments for a company, ensuring accuracy and timeliness. Moreover, they are also responsible for maintaining records of all transactions, liaising with external agencies, coordinating with different departments to gather data, receiving and monitoring invoices, and obtaining approval from managers or supervisors when it comes to payments as needed. An accounts payable associate may also produce financial reports and statements, create presentations, train new members of the workforce, and assist audits, all while adhering to the company's policies and regulations.

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 associate vs account payables analyst salary

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

	Accounts Payable Associate	Account Payables Analyst
Average salary	$39,270	$54,356
Salary range	Between $31,000 And $49,000	Between $39,000 And $74,000
Highest paying City	Cambridge, MA	San Francisco, CA
Highest paying state	Alaska	New York
Best paying company	Accenture	SMTC
Best paying industry	Construction	Energy

Differences between accounts payable associate and account payables analyst education

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

	Accounts Payable Associate	Account Payables Analyst
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 63%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts payable associate vs account payables analyst demographics

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

	Accounts Payable Associate	Account Payables Analyst
Average age	51	51
Gender ratio	Male, 20.6% Female, 79.4%	Male, 26.3% Female, 73.7%
Race ratio	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%	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 Percentage	7%	7%

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

Accounts payable associate example responsibilities.

Manage the PeopleSoft PO/Voucher/Receiver matching process for all business units.
Prepare A/R reports for BCBSM, Medicare, Medicaid and multiple HMO's.
Complete various seminars on Medicare and Medicaid.
Process and verify employees' expense reports to ensure compliance with GAAP and company policy.
Perform GL coding for expense invoices along with processing both ACH payments and check payments on a daily basis.
Verify which vendors need W9 to be mail to them at the beginning of the year for tax purposes.

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.

Accounts payable associate vs account payables analyst skills

Common accounts payable associate skills

Customer Service, 11%
Data Entry, 9%
Purchase Orders, 8%
Vendor Statements, 6%
Vendor Invoices, 6%
Expense Reports, 5%

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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Office and Administrative Industry
Accounts Payable Associate
Accounts Payable Associate vs Account Payables Analyst

Updated January 8, 2025

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