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Accounts payable clerk vs accounts receivable analyst

The differences between accounts payable clerks 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 clerk, 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 $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 receivable analyst are customer service, reconciliations, and customer accounts.

Accounts payable clerk vs accounts receivable analyst overview

Accounts Payable ClerkAccounts Receivable Analyst
Yearly salary$38,333$43,692
Hourly rate$18.43$21.01
Growth rate-5%-8%
Number of jobs89,56426,558
Job satisfaction--
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 61%
Average age5146
Years of experience612

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.

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 clerk vs accounts receivable analyst salary

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

Accounts Payable ClerkAccounts Receivable Analyst
Average salary$38,333$43,692
Salary rangeBetween $30,000 And $48,000Between $33,000 And $57,000
Highest paying CityWashington, DCArlington, VA
Highest paying stateMassachusettsConnecticut
Best paying companyJane StreetPacific Investment Management Company LLC
Best paying industryTechnologyHospitality

Differences between accounts payable clerk and accounts receivable analyst education

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

Accounts Payable ClerkAccounts Receivable Analyst
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 61%
Most common majorAccountingBusiness
Most common collegeUniversity of Pennsylvania-

Accounts payable clerk vs accounts receivable analyst demographics

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

Accounts Payable ClerkAccounts Receivable Analyst
Average age5146
Gender ratioMale, 17.2% Female, 82.8%Male, 29.4% Female, 70.6%
Race ratioBlack 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, 14.2% Unknown, 4.0% Hispanic or Latino, 18.7% Asian, 3.5% White, 59.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between accounts payable clerk and accounts receivable analyst duties and responsibilities

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 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.
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Accounts payable clerk vs accounts receivable analyst skills

Common accounts payable clerk skills
  • Customer Service, 13%
  • Data Entry, 10%
  • Purchase Orders, 8%
  • Expense Reports, 6%
  • Vendor Invoices, 6%
  • Vendor Statements, 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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