Accounts payable associate vs accounts receivable analyst

The differences between accounts payable associates and accounts receivable analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounts payable associate, becoming an accounts receivable analyst takes usually requires 6-12 months. Additionally, an accounts receivable analyst has an average salary of $43,692, 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 accounts receivable analyst are customer service, reconciliations, and customer accounts.

Accounts payable associate vs accounts receivable analyst overview

	Accounts Payable Associate	Accounts Receivable Analyst
Yearly salary	$39,270	$43,692
Hourly rate	$18.88	$21.01
Growth rate	-5%	-8%
Number of jobs	30,845	26,558
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 61%
Average age	51	46
Years of experience	6	12

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 receivable analyst do?

An Accounts Receivable Analyst provides accounts receivable support through monitoring all aspects of the collection of outstanding debts owed to a company. They check missing and unresolved payment issues, monitor overdue accounts, and prepare statements for managers.

Accounts payable associate vs accounts receivable analyst salary

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

	Accounts Payable Associate	Accounts Receivable Analyst
Average salary	$39,270	$43,692
Salary range	Between $31,000 And $49,000	Between $33,000 And $57,000
Highest paying City	Cambridge, MA	Arlington, VA
Highest paying state	Alaska	Connecticut
Best paying company	Accenture	Pacific Investment Management Company LLC
Best paying industry	Construction	Hospitality

Differences between accounts payable associate and accounts receivable analyst education

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

	Accounts Payable Associate	Accounts Receivable Analyst
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 61%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	-

Accounts payable associate vs accounts receivable analyst demographics

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

	Accounts Payable Associate	Accounts Receivable Analyst
Average age	51	46
Gender ratio	Male, 20.6% Female, 79.4%	Male, 29.4% Female, 70.6%
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, 14.2% Unknown, 4.0% Hispanic or Latino, 18.7% Asian, 3.5% White, 59.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	8%

Differences between accounts payable associate and accounts receivable 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.

Accounts receivable analyst example responsibilities.

Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
Perform and analyze all accounts receivable duties, including proper application of cash, check, ACH, and wire transactions.
Forecast estimate check clearing, deposits, ACH activities and other variables in order to set guidelines for daily cash position.
Verify benefits and eligibility for new patients.
Determine medical benefits base on contractual agreements assuring benefits are applied correctly for patients during claims processing.
Code invoices, research customer information, perform detail reconciliations, analyze exceptions with customer information and billing.

Accounts payable associate vs accounts receivable 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 accounts receivable analyst skills

Customer Service, 13%
Reconciliations, 8%
Customer Accounts, 7%
Pivot Tables, 4%
Patients, 4%
Financial Reports, 4%

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Office and Administrative Industry
Accounts Payable Associate
Accounts Payable Associate vs Accounts Receivable Analyst

Updated January 8, 2025

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