Post job

Accounts payable lead vs accounts receivable analyst

The differences between accounts payable leads 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 lead, becoming an accounts receivable analyst takes usually requires 6-12 months. Additionally, an accounts payable lead has an average salary of $57,175, which is higher than the $43,692 average annual salary of an accounts receivable analyst.

The top three skills for an accounts payable lead include FAA, purchase orders and vendor invoices. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Accounts payable lead vs accounts receivable analyst overview

Accounts Payable LeadAccounts Receivable Analyst
Yearly salary$57,175$43,692
Hourly rate$27.49$21.01
Growth rate-5%-8%
Number of jobs31,04126,558
Job satisfaction--
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 61%
Average age5146
Years of experience612

What does an accounts payable lead do?

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.

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 lead vs accounts receivable analyst salary

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

Accounts Payable LeadAccounts Receivable Analyst
Average salary$57,175$43,692
Salary rangeBetween $41,000 And $79,000Between $33,000 And $57,000
Highest paying CityNew York, NYArlington, VA
Highest paying stateNew YorkConnecticut
Best paying companyNV EnergyPacific Investment Management Company LLC
Best paying industryTechnologyHospitality

Differences between accounts payable lead and accounts receivable analyst education

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

Accounts Payable LeadAccounts Receivable Analyst
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 61%
Most common majorAccountingBusiness
Most common collegeUniversity of Pennsylvania-

Accounts payable lead vs accounts receivable analyst demographics

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

Accounts Payable LeadAccounts Receivable Analyst
Average age5146
Gender ratioMale, 28.7% Female, 71.3%Male, 29.4% Female, 70.6%
Race ratioBlack 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, 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 lead and accounts receivable analyst duties and responsibilities

Accounts payable lead example responsibilities.

  • Manage weekly payment scheduling to expedite and efficiently meet vendor payment deadlines; including check run dates, wires and ACH.
  • Manage payroll transactions utilizing ADP payroll software.
  • Process check runs: set payments within the system, verify accuracy, and print checks launch ACH payments.
  • Assist in the implementation of new ERP system by testing and providing information need to meet the accounts payable processes.
  • Process invoices, check requests, employee reimbursements, and credit memos and ensure compliance with SOX documentation and approval guidelines.
  • Transmit monthly payroll information for bank reconciliation.
  • Show more

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.
  • Show more

Accounts payable lead vs accounts receivable analyst skills

Common accounts payable lead skills
  • FAA, 7%
  • Purchase Orders, 7%
  • Vendor Invoices, 6%
  • Reconciliations, 6%
  • Data Entry, 5%
  • ACH, 5%
Common accounts receivable analyst skills
  • Customer Service, 13%
  • Reconciliations, 8%
  • Customer Accounts, 7%
  • Pivot Tables, 4%
  • Patients, 4%
  • Financial Reports, 4%

Browse office and administrative jobs