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The differences between accounts payable team leads and accounts payable administrators 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 accounts payable administrator. Additionally, an accounts payable team lead has an average salary of $70,092, which is higher than the $41,860 average annual salary of an accounts payable administrator.
The top three skills for an accounts payable team lead include vendor invoices, general ledger and reconciliations. The most important skills for an accounts payable administrator are purchase orders, data entry, and vendor invoices.
| Accounts Payable Team Lead | Accounts Payable Administrator | |
| Yearly salary | $70,092 | $41,860 |
| Hourly rate | $33.70 | $20.12 |
| Growth rate | -5% | -5% |
| Number of jobs | 55,415 | 79,272 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 46% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
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.
An accounts payable administrator is an individual who reviews and verifies the invoices of suppliers and grants payment requests. Accounts payable administrators must prepare invoice batches and input them in the accounts payable module of the financial information system every day to ensure that payments meet weekly and monthly deadlines. When warranted, they seek clarifications or explanations from submitters and responds to inquiries from suppliers, consultants, and clients regarding the status of their payments. Accounts payable administrators must also ensure that reimbursements are properly approved.
Accounts payable team leads and accounts payable administrators have different pay scales, as shown below.
| Accounts Payable Team Lead | Accounts Payable Administrator | |
| Average salary | $70,092 | $41,860 |
| Salary range | Between $50,000 And $97,000 | Between $32,000 And $54,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | Ducommun |
| Best paying industry | - | Finance |
There are a few differences between an accounts payable team lead and an accounts payable administrator in terms of educational background:
| Accounts Payable Team Lead | Accounts Payable Administrator | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 46% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable team leads' and accounts payable administrators' demographics:
| Accounts Payable Team Lead | Accounts Payable Administrator | |
| Average age | 51 | 51 |
| Gender ratio | Male, 24.4% Female, 75.6% | Male, 12.7% Female, 87.3% |
| 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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |