Accounts payable team lead vs accounting technician

The differences between accounts payable team leads and accounting technicians 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 accounting technician. Additionally, an accounts payable team lead has an average salary of $70,092, which is higher than the $41,337 average annual salary of an accounting technician.

The top three skills for an accounts payable team lead include vendor invoices, general ledger and reconciliations. The most important skills for an accounting technician are customer service, financial reports, and payroll.

Accounts payable team lead vs accounting technician overview

	Accounts Payable Team Lead	Accounting Technician
Yearly salary	$70,092	$41,337
Hourly rate	$33.70	$19.87
Growth rate	-5%	-5%
Number of jobs	55,415	39,972
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 51%
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 accounting technician do?

An accounting technician is responsible for evaluating financial information procedures to support accounting and taxation tasks, verifying the accuracy of account statements for the reference of accountants. Accounting technicians manage the payroll processes, generate invoices, perform account reconciliations, analyze account receivables, prepare budget reports, and monitor the company's financial transactions. Accounting technicians should always adhere to taxation legislation, comply with accounting disciplines, and coordinate with the account management for any findings and concerns, requiring them to have excellent communication and analytical skills.

Accounts payable team lead vs accounting technician salary

Accounts payable team leads and accounting technicians have different pay scales, as shown below.

	Accounts Payable Team Lead	Accounting Technician
Average salary	$70,092	$41,337
Salary range	Between $50,000 And $97,000	Between $31,000 And $53,000
Highest paying City	-	Oakland, CA
Highest paying state	-	California
Best paying company	-	W. R. Berkley
Best paying industry	-	Government

Differences between accounts payable team lead and accounting technician education

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

	Accounts Payable Team Lead	Accounting Technician
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 51%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts payable team lead vs accounting technician demographics

Here are the differences between accounts payable team leads' and accounting technicians' demographics:

	Accounts Payable Team Lead	Accounting Technician
Average age	51	51
Gender ratio	Male, 24.4% Female, 75.6%	Male, 22.7% Female, 77.3%
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 accounting technician 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.

Accounting technician example responsibilities.

Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
Reconcile the agency SPCC statement each month
Audit includes reviewing SPCC invoices and receipts to ensure appropriate tax exemptions are follow.
Analyze cases to determine if ICD-9 and CPT codes are covered benefits according to insurance's medical policy.
Apply GAAP following applicable federal regulations.
Maintain adherence to university accounting and GAAP standards.

Accounts payable team lead vs accounting technician skills

Common accounts payable team lead skills

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

Common accounting technician skills

Customer Service, 12%
Financial Reports, 10%
Payroll, 8%
Purchase Orders, 7%
Data Entry, 6%
Reconciliations, 5%

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Office and Administrative Industry
Accounts Payable Team Lead
Accounts Payable Team Lead vs Accounting Technician

Updated January 8, 2025

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