Accounts payable team lead vs accountable clerk

The differences between accounts payable team leads and accountable 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 team lead and an accountable clerk. Additionally, an accounts payable team lead has an average salary of $70,092, which is higher than the $38,120 average annual salary of an accountable clerk.

The top three skills for an accounts payable team lead include vendor invoices, general ledger and reconciliations. The most important skills for an accountable clerk are data entry, financial reports, and purchase orders.

Accounts payable team lead vs accountable clerk overview

	Accounts Payable Team Lead	Accountable Clerk
Yearly salary	$70,092	$38,120
Hourly rate	$33.70	$18.33
Growth rate	-5%	-5%
Number of jobs	55,415	81,209
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 41%
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 accountable clerk do?

The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget. They mostly process payments and income, ensuring accuracy in every detail and transaction. An accountable clerk may also have clerical tasks such as producing progress reports, answering calls and correspondence, coordinating with various department personnel, and maintaining a database of information. Should there be any issues, it is essential to report to a manager right away.

Accounts payable team lead vs accountable clerk salary

Accounts payable team leads and accountable clerks have different pay scales, as shown below.

	Accounts Payable Team Lead	Accountable Clerk
Average salary	$70,092	$38,120
Salary range	Between $50,000 And $97,000	Between $29,000 And $49,000
Highest paying City	-	New Haven, CT
Highest paying state	-	Massachusetts
Best paying company	-	Wayne County, Michigan
Best paying industry	-	Government

Differences between accounts payable team lead and accountable clerk education

There are a few differences between an accounts payable team lead and an accountable clerk in terms of educational background:

	Accounts Payable Team Lead	Accountable Clerk
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 41%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts payable team lead vs accountable clerk demographics

Here are the differences between accounts payable team leads' and accountable clerks' demographics:

	Accounts Payable Team Lead	Accountable Clerk
Average age	51	51
Gender ratio	Male, 24.4% Female, 75.6%	Male, 19.1% Female, 80.9%
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, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between accounts payable team lead and accountable clerk 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.

Accountable clerk example responsibilities.

Manage the accurate and timely processing of AP invoices for multiple companies.
Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Scan incoming A/P, A/R, bank statements, mail, etc.
Review AR aging to ensure compliance.
Process, distribute, and maintain AR invoices.
Review and handle in-clearing reject items (ACH and checks) and process check adjustments.

Accounts payable team lead vs accountable clerk skills

Common accounts payable team lead skills

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

Common accountable clerk skills

Data Entry, 11%
Financial Reports, 10%
Purchase Orders, 8%
Customer Service, 8%
Process Payroll, 8%
Office Equipment, 4%

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Accounts Payable Team Lead
Accounts Payable Team Lead vs Accountable Clerk

Updated January 8, 2025

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