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The differences between accounts payable leads and accounting 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 lead and an accounting clerk. Additionally, an accounts payable lead has an average salary of $57,175, which is higher than the $38,683 average annual salary of an accounting clerk.
The top three skills for an accounts payable lead include FAA, purchase orders and vendor invoices. The most important skills for an accounting clerk are data entry, customer service, and purchase orders.
| Accounts Payable Lead | Accounting Clerk | |
| Yearly salary | $57,175 | $38,683 |
| Hourly rate | $27.49 | $18.60 |
| Growth rate | -5% | -5% |
| Number of jobs | 31,041 | 106,969 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 49% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
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.
Accounting clerks are employees assigned to manage administrative and clerical tasks in the accounting department. Accounting clerks handle office accounting records and ensure that files are properly labeled and stored. They validate records and check whether these are updated. They also sort through documents to ensure that they are in their proper storage bins. Aside from document handling, they also help with creating and validating financial statements and bookkeeping. As such, accounting clerks should have a strong background in accounting to manage their tasks better.
Accounts payable leads and accounting clerks have different pay scales, as shown below.
| Accounts Payable Lead | Accounting Clerk | |
| Average salary | $57,175 | $38,683 |
| Salary range | Between $41,000 And $79,000 | Between $29,000 And $51,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | NV Energy | Wilson Elser Moskowitz Edelman & Dicker Llp |
| Best paying industry | Technology | Government |
There are a few differences between an accounts payable lead and an accounting clerk in terms of educational background:
| Accounts Payable Lead | Accounting Clerk | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 49% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable leads' and accounting clerks' demographics:
| Accounts Payable Lead | Accounting Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 28.7% Female, 71.3% | Male, 20.0% Female, 80.0% |
| Race ratio | 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% | Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |