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The differences between accounts payable associates and accounting technicians 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 accounting technician. Additionally, an accounting technician has an average salary of $41,337, 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 accounting technician are customer service, financial reports, and payroll.
| Accounts Payable Associate | Accounting Technician | |
| Yearly salary | $39,270 | $41,337 |
| Hourly rate | $18.88 | $19.87 |
| Growth rate | -5% | -5% |
| Number of jobs | 30,845 | 39,972 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 51% |
| 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.
An accounting technician is responsible for evaluating financial information procedures to support accounting and taxation tasks, verifying the accuracy of account statements for the reference of accountants. Accounting technicians manage the payroll processes, generate invoices, perform account reconciliations, analyze account receivables, prepare budget reports, and monitor the company's financial transactions. Accounting technicians should always adhere to taxation legislation, comply with accounting disciplines, and coordinate with the account management for any findings and concerns, requiring them to have excellent communication and analytical skills.
Accounts payable associates and accounting technicians have different pay scales, as shown below.
| Accounts Payable Associate | Accounting Technician | |
| Average salary | $39,270 | $41,337 |
| Salary range | Between $31,000 And $49,000 | Between $31,000 And $53,000 |
| Highest paying City | Cambridge, MA | Oakland, CA |
| Highest paying state | Alaska | California |
| Best paying company | Accenture | W. R. Berkley |
| Best paying industry | Construction | Government |
There are a few differences between an accounts payable associate and an accounting technician in terms of educational background:
| Accounts Payable Associate | Accounting Technician | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 51% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable associates' and accounting technicians' demographics:
| Accounts Payable Associate | Accounting Technician | |
| Average age | 51 | 51 |
| Gender ratio | Male, 20.6% Female, 79.4% | Male, 22.7% Female, 77.3% |
| 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% |