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Accounts payable team lead vs accounts payable technician

The differences between accounts payable team leads and accounts payable technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounts payable team lead, becoming an accounts payable technician takes usually requires 2-4 years. Additionally, an accounts payable team lead has an average salary of $70,092, which is higher than the $47,325 average annual salary of an accounts payable technician.

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 technician are FAA, A/P, and powerplant.

Accounts payable team lead vs accounts payable technician overview

Accounts Payable Team LeadAccounts Payable Technician
Yearly salary$70,092$47,325
Hourly rate$33.70$22.75
Growth rate-5%6%
Number of jobs55,41523,079
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 39%
Average age5140
Years of experience64

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 technician do?

An Accounts Payable Technician performs the day-to-day processing of accounts payable transactions. They prepare and process invoices and other financial documents manually or by using specialized automated software.

Accounts payable team lead vs accounts payable technician salary

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

Accounts Payable Team LeadAccounts Payable Technician
Average salary$70,092$47,325
Salary rangeBetween $50,000 And $97,000Between $33,000 And $66,000
Highest paying City-Juneau, AK
Highest paying state-Alaska
Best paying company-Baptist Health Care
Best paying industry-Manufacturing

Differences between accounts payable team lead and accounts payable technician education

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

Accounts Payable Team LeadAccounts Payable Technician
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 39%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaSUNY Farmingdale

Accounts payable team lead vs accounts payable technician demographics

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

Accounts Payable Team LeadAccounts Payable Technician
Average age5140
Gender ratioMale, 24.4% Female, 75.6%Male, 55.0% Female, 45.0%
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, 9.1% Unknown, 5.0% Hispanic or Latino, 23.2% Asian, 6.8% White, 55.3% American Indian and Alaska Native, 0.6%
LGBT Percentage7%2%

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

Accounts payable technician example responsibilities.

  • Manage the FOD prevention program to reduce costly repairs and increase the participation in FOD awareness and FOD walk downs.
  • Utilize technical data to troubleshoot maintenance issues.
  • Obtain practical experience on the Garrett TPE-331 powerplant.
  • Maintain catalog of store A/P, A/R source documents.
  • Enter all invoices into a/p software, assigns g/l account numbers & appropriate cost centers.
  • Obtain practical experience on the TFE-731 Garrett powerplant and hot section inspection experience on the Pratt and Whitney PT6.
  • Show more

Accounts payable team lead vs accounts payable 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 accounts payable technician skills
  • FAA, 13%
  • A/P, 9%
  • Powerplant, 9%
  • Airframe, 8%
  • Troubleshoot, 7%
  • Hand Tools, 5%

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