Accounts payable team lead vs account payables analyst

The differences between accounts payable team leads and account payables analysts 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 team lead and an account payables analyst. Additionally, an accounts payable team lead has an average salary of $70,092, which is higher than the $54,356 average annual salary of an account payables analyst.

The top three skills for an accounts payable team lead include vendor invoices, general ledger and reconciliations. The most important skills for an account payables analyst are customer service, data entry, and purchase orders.

Accounts payable team lead vs account payables analyst overview

	Accounts Payable Team Lead	Account Payables Analyst
Yearly salary	$70,092	$54,356
Hourly rate	$33.70	$26.13
Growth rate	-5%	-5%
Number of jobs	55,415	73,985
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 63%
Average age	51	51
Years of experience	6	6

What does an accounts payable team lead do?

An accounts payable team lead supervises the finance department's budgeting team. They manage the clerical side of a company's budgeting process. Their team's responsibilities include issuing invoices, managing purchase orders, tracking logistics expenses, and documenting financial transactions. They must ensure that all their team members work cohesively to complete these tasks.

What does an account payables analyst do?

An accounts payable analyst is primarily responsible for managing and processing invoices and payments, ensuring accuracy and timeliness. They are also responsible for coordinating with various departments to obtain and acquire data and invoices, submitting payments to external vendors and suppliers, identifying errors and inconsistencies, and providing corrective measures. One may also perform clerical tasks such as producing progress reports and presentations, managing schedules, addressing issues and concerns through calls and correspondence, and resolving them promptly and efficiently.

Accounts payable team lead vs account payables analyst salary

Accounts payable team leads and account payables analysts have different pay scales, as shown below.

	Accounts Payable Team Lead	Account Payables Analyst
Average salary	$70,092	$54,356
Salary range	Between $50,000 And $97,000	Between $39,000 And $74,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	New York
Best paying company	-	SMTC
Best paying industry	-	Energy

Differences between accounts payable team lead and account payables analyst education

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

	Accounts Payable Team Lead	Account Payables Analyst
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 63%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts payable team lead vs account payables analyst demographics

Here are the differences between accounts payable team leads' and account payables analysts' demographics:

	Accounts Payable Team Lead	Account Payables Analyst
Average age	51	51
Gender ratio	Male, 24.4% Female, 75.6%	Male, 26.3% Female, 73.7%
Race ratio	Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.1% American Indian and Alaska Native, 0.6%	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between accounts payable team lead and account payables analyst duties and responsibilities

Accounts payable team lead example responsibilities.

Manage annual IRS 1099 and 1042 reporting.
Handle cash items, manage vendor set ups and maintain accurate W9 information.
Manage ten RPG developers maintaining and modifying a AS400 base JDA MMS ERP system for a large retailer.
Manage payroll transactions utilizing ADP payroll software.
Manage preparation of monthly account reconciliations, journal entries, inter-company accounting and year-end audit schedules.
Verify receipts and ensure GAAP compliance for employee expense accounts.

Account payables analyst example responsibilities.

Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
Perform month end close activities such as account reconciliations and journal entries resulting in accurate financial statement reporting.
Perform validation in ERP to ensure invoices not already paid.
Maintain fixed assets in ERP system to report the correct depreciation monthly.
Request current vendors to switch payment type from check to ACH and enroll in e-Invoicing for faster and more efficient processing.
Coordinate ACH implementation/conversion to electronic payment system.

Accounts payable team lead vs account payables analyst skills

Common accounts payable team lead skills

Vendor Invoices, 7%
General Ledger, 6%
Reconciliations, 5%
Purchase Orders, 5%
ACH, 5%
Customer Service, 4%

Common account payables analyst skills

Customer Service, 11%
Data Entry, 6%
Purchase Orders, 5%
Reconciliations, 5%
Vendor Invoices, 5%
Expense Reports, 4%

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Office and Administrative Industry
Accounts Payable Team Lead
Accounts Payable Team Lead vs Account Payables Analyst

Updated January 8, 2025

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