Post job

Accounts payable team lead vs accounts payable administrator

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 vs accounts payable administrator overview

Accounts Payable Team LeadAccounts Payable Administrator
Yearly salary$70,092$41,860
Hourly rate$33.70$20.12
Growth rate-5%-5%
Number of jobs55,41579,272
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 46%
Average age5151
Years of experience66

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 accounts payable administrator do?

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 lead vs accounts payable administrator salary

Accounts payable team leads and accounts payable administrators have different pay scales, as shown below.

Accounts Payable Team LeadAccounts Payable Administrator
Average salary$70,092$41,860
Salary rangeBetween $50,000 And $97,000Between $32,000 And $54,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Ducommun
Best paying industry-Finance

Differences between accounts payable team lead and accounts payable administrator education

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

Accounts Payable Team LeadAccounts Payable Administrator
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 46%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounts payable team lead vs accounts payable administrator demographics

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

Accounts Payable Team LeadAccounts Payable Administrator
Average age5151
Gender ratioMale, 24.4% Female, 75.6%Male, 12.7% Female, 87.3%
Race ratioBlack 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 Percentage7%7%

Differences between accounts payable team lead and accounts payable administrator 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.
  • Show more

Accounts payable administrator example responsibilities.

  • Manage payroll transactions utilizing ADP payroll software.
  • Maintain a cash flow chart of checks issue and clear, ACH payments, incoming collections, and wire transfers.
  • Solve complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
  • Set up new vendors, maintain new supplier forms and proper W8 and W9 reporting.
  • Implement standard form to vendors to complete and return along with W9 and a sample invoice.
  • Review and record vendor bills utilizing QuickBooks.
  • Show more

Accounts payable team lead vs accounts payable administrator skills

Common accounts payable team lead skills
  • Vendor Invoices, 7%
  • General Ledger, 6%
  • Reconciliations, 5%
  • Purchase Orders, 5%
  • ACH, 5%
  • Customer Service, 4%
Common accounts payable administrator skills
  • Purchase Orders, 12%
  • Data Entry, 9%
  • Vendor Invoices, 8%
  • Expense Reports, 6%
  • Credit Card, 5%
  • Vendor Statements, 5%

Browse office and administrative jobs