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Accounts payable associate vs accounts payable clerk

The differences between accounts payable associates and accounts payable 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 accounts payable clerk. Additionally, an accounts payable associate has an average salary of $39,270, which is higher than the $38,333 average annual salary of an accounts payable clerk.

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

Accounts payable associate vs accounts payable clerk overview

Accounts Payable AssociateAccounts Payable Clerk
Yearly salary$39,270$38,333
Hourly rate$18.88$18.43
Growth rate-5%-5%
Number of jobs30,84589,564
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 46%
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 accounts payable clerk do?

An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.

Accounts payable associate vs accounts payable clerk salary

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

Accounts Payable AssociateAccounts Payable Clerk
Average salary$39,270$38,333
Salary rangeBetween $31,000 And $49,000Between $30,000 And $48,000
Highest paying CityCambridge, MAWashington, DC
Highest paying stateAlaskaMassachusetts
Best paying companyAccentureJane Street
Best paying industryConstructionTechnology

Differences between accounts payable associate and accounts payable clerk education

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

Accounts Payable AssociateAccounts Payable Clerk
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 46%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounts payable associate vs accounts payable clerk demographics

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

Accounts Payable AssociateAccounts Payable Clerk
Average age5151
Gender ratioMale, 20.6% Female, 79.4%Male, 17.2% Female, 82.8%
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, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between accounts payable associate and accounts payable 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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Accounts payable clerk example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Match, code, and process vendor payments via MAS90 accounting system - including check runs and ACH payments.
  • Perform duties in compliance with GAAP, company and department policies and procedures, internal controls, and Sarbanes-Oxley requirements.
  • Process division payroll in coordination with ADP payroll systems for semi-monthly and weekly union contract employees.
  • Scan and store documents daily, retrieve W2 and W9 information along with service provider agreements when or if need.
  • Print, review, research, edit, code and batch invoices for processing via the various ERP financial systems.
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Accounts payable associate vs accounts payable 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 accounts payable clerk skills
  • Customer Service, 13%
  • Data Entry, 10%
  • Purchase Orders, 8%
  • Expense Reports, 6%
  • Vendor Invoices, 6%
  • Vendor Statements, 5%

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