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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 | Accountable Clerk | |
| Yearly salary | $39,270 | $38,120 |
| Hourly rate | $18.88 | $18.33 |
| Growth rate | -5% | -5% |
| Number of jobs | 30,845 | 81,209 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 41% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
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.
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 associates and accountable clerks have different pay scales, as shown below.
| Accounts Payable Associate | Accountable Clerk | |
| Average salary | $39,270 | $38,120 |
| Salary range | Between $31,000 And $49,000 | Between $29,000 And $49,000 |
| Highest paying City | Cambridge, MA | New Haven, CT |
| Highest paying state | Alaska | Massachusetts |
| Best paying company | Accenture | Wayne County, Michigan |
| Best paying industry | Construction | Government |
There are a few differences between an accounts payable associate and an accountable clerk in terms of educational background:
| Accounts Payable Associate | Accountable Clerk | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 41% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable associates' and accountable clerks' demographics:
| Accounts Payable Associate | Accountable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 20.6% Female, 79.4% | Male, 19.1% Female, 80.9% |
| 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, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |