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Accounts payable associate vs accountable clerk

The differences between accounts payable associates and accountable 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 accounts payable associate and an accountable clerk. Additionally, an accounts payable associate has an average salary of $39,270, which is higher than the $38,120 average annual salary of an accountable clerk.

The top three skills for an accounts payable associate include customer service, data entry and purchase orders. The most important skills for an accountable clerk are data entry, financial reports, and purchase orders.

Accounts payable associate vs accountable clerk overview

Accounts Payable AssociateAccountable Clerk
Yearly salary$39,270$38,120
Hourly rate$18.88$18.33
Growth rate-5%-5%
Number of jobs30,84581,209
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 41%
Average age5151
Years of experience66

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 accountable clerk do?

The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget. They mostly process payments and income, ensuring accuracy in every detail and transaction. An accountable clerk may also have clerical tasks such as producing progress reports, answering calls and correspondence, coordinating with various department personnel, and maintaining a database of information. Should there be any issues, it is essential to report to a manager right away.

Accounts payable associate vs accountable clerk salary

Accounts payable associates and accountable clerks have different pay scales, as shown below.

Accounts Payable AssociateAccountable Clerk
Average salary$39,270$38,120
Salary rangeBetween $31,000 And $49,000Between $29,000 And $49,000
Highest paying CityCambridge, MANew Haven, CT
Highest paying stateAlaskaMassachusetts
Best paying companyAccentureWayne County, Michigan
Best paying industryConstructionGovernment

Differences between accounts payable associate and accountable clerk education

There are a few differences between an accounts payable associate and an accountable clerk in terms of educational background:

Accounts Payable AssociateAccountable Clerk
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 41%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounts payable associate vs accountable clerk demographics

Here are the differences between accounts payable associates' and accountable clerks' demographics:

Accounts Payable AssociateAccountable Clerk
Average age5151
Gender ratioMale, 20.6% Female, 79.4%Male, 19.1% Female, 80.9%
Race ratioBlack 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, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between accounts payable associate and accountable clerk 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.
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Accountable clerk example responsibilities.

  • Manage the accurate and timely processing of AP invoices for multiple companies.
  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Scan incoming A/P, A/R, bank statements, mail, etc.
  • Review AR aging to ensure compliance.
  • Process, distribute, and maintain AR invoices.
  • Review and handle in-clearing reject items (ACH and checks) and process check adjustments.
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Accounts payable associate vs accountable clerk 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 accountable clerk skills
  • Data Entry, 11%
  • Financial Reports, 10%
  • Purchase Orders, 8%
  • Customer Service, 8%
  • Process Payroll, 8%
  • Office Equipment, 4%

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