Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between accounts payable clerks and accounts payable leads 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 accounts payable lead. Additionally, an accounts payable lead has an average salary of $57,175, 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 accounts payable lead are FAA, purchase orders, and vendor invoices.
| Accounts Payable Clerk | Accounts Payable Lead | |
| Yearly salary | $38,333 | $57,175 |
| Hourly rate | $18.43 | $27.49 |
| Growth rate | -5% | -5% |
| Number of jobs | 89,564 | 31,041 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 51% |
| 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.
Accounts payable leads are accounting professionals who are responsible for leading a team of professionals that manage the company's accounts payable, a short-term debt payment that needs to be paid to avoid default. These professionals are required to evaluate vendor invoices and prepare payments to pay vendors while preparing the daily expense reports. They must create the general ledger at the end of the month to reconcile closing balances. Accounts payable leads must also assist purchasing agents in resolving vendor or customer issues that pertained to inaccurate information on purchase orders.
Accounts payable clerks and accounts payable leads have different pay scales, as shown below.
| Accounts Payable Clerk | Accounts Payable Lead | |
| Average salary | $38,333 | $57,175 |
| Salary range | Between $30,000 And $48,000 | Between $41,000 And $79,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | Massachusetts | New York |
| Best paying company | Jane Street | NV Energy |
| Best paying industry | Technology | Technology |
There are a few differences between an accounts payable clerk and an accounts payable lead in terms of educational background:
| Accounts Payable Clerk | Accounts Payable Lead | |
| Most common degree | Bachelor's Degree, 46% | 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 clerks' and accounts payable leads' demographics:
| Accounts Payable Clerk | Accounts Payable Lead | |
| Average age | 51 | 51 |
| Gender ratio | Male, 17.2% Female, 82.8% | Male, 28.7% Female, 71.3% |
| 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, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |