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The differences between accounts payable leads and billing 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 a billing analyst takes usually requires 1-2 years. Additionally, an accounts payable lead has an average salary of $57,175, which is higher than the $51,544 average annual salary of a billing analyst.
The top three skills for an accounts payable lead include FAA, purchase orders and vendor invoices. The most important skills for a billing analyst are customer service, patients, and billing issues.
| Accounts Payable Lead | Billing Analyst | |
| Yearly salary | $57,175 | $51,544 |
| Hourly rate | $27.49 | $24.78 |
| Growth rate | -5% | -3% |
| Number of jobs | 31,041 | 30,566 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 59% |
| Average age | 51 | 46 |
| Years of experience | 6 | 2 |
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.
A billing analyst is responsible for supporting the operations of an accounting department, evaluating and issuing invoices, and analyzing the financial transactions of the company. Billing analysts assist with creating financial statements and reports, managing billing discrepancies, updating recent account statements on the company's database, and checking the accuracy of balance sheets. A billing analyst must have excellent analytical skills, as well as the knowledge of the accounting principles, performing account reconciliations, processing receivables, and tracking clients' billing statements.
Accounts payable leads and billing analysts have different pay scales, as shown below.
| Accounts Payable Lead | Billing Analyst | |
| Average salary | $57,175 | $51,544 |
| Salary range | Between $41,000 And $79,000 | Between $35,000 And $73,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | Alaska |
| Best paying company | NV Energy | Meta |
| Best paying industry | Technology | Finance |
There are a few differences between an accounts payable lead and a billing analyst in terms of educational background:
| Accounts Payable Lead | Billing Analyst | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 59% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable leads' and billing analysts' demographics:
| Accounts Payable Lead | Billing Analyst | |
| Average age | 51 | 46 |
| Gender ratio | Male, 28.7% Female, 71.3% | Male, 29.7% Female, 70.3% |
| 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, 11.3% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.3% White, 57.7% American Indian and Alaska Native, 0.9% |
| LGBT Percentage | 7% | 7% |