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The differences between accounts payable clerks and account payables analysts 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 clerk and an account payables analyst. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $38,333 average annual salary of an accounts payable clerk.
The top three skills for an accounts payable clerk include customer service, data entry and purchase orders. The most important skills for an account payables analyst are customer service, data entry, and purchase orders.
| Accounts Payable Clerk | Account Payables Analyst | |
| Yearly salary | $38,333 | $54,356 |
| Hourly rate | $18.43 | $26.13 |
| Growth rate | -5% | -5% |
| Number of jobs | 89,564 | 73,985 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 63% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
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.
An accounts payable analyst is primarily responsible for managing and processing invoices and payments, ensuring accuracy and timeliness. They are also responsible for coordinating with various departments to obtain and acquire data and invoices, submitting payments to external vendors and suppliers, identifying errors and inconsistencies, and providing corrective measures. One may also perform clerical tasks such as producing progress reports and presentations, managing schedules, addressing issues and concerns through calls and correspondence, and resolving them promptly and efficiently.
Accounts payable clerks and account payables analysts have different pay scales, as shown below.
| Accounts Payable Clerk | Account Payables Analyst | |
| Average salary | $38,333 | $54,356 |
| Salary range | Between $30,000 And $48,000 | Between $39,000 And $74,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | Massachusetts | New York |
| Best paying company | Jane Street | SMTC |
| Best paying industry | Technology | Energy |
There are a few differences between an accounts payable clerk and an account payables analyst in terms of educational background:
| Accounts Payable Clerk | Account Payables Analyst | |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 63% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable clerks' and account payables analysts' demographics:
| Accounts Payable Clerk | Account Payables Analyst | |
| Average age | 51 | 51 |
| Gender ratio | Male, 17.2% Female, 82.8% | Male, 26.3% Female, 73.7% |
| Race ratio | 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% | 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% |
| LGBT Percentage | 7% | 7% |