Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
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 | Accounts Payable Technician | |
| Yearly salary | $70,092 | $47,325 |
| Hourly rate | $33.70 | $22.75 |
| Growth rate | -5% | 6% |
| Number of jobs | 55,415 | 23,079 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 39% |
| Average age | 51 | 40 |
| Years of experience | 6 | 4 |
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 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 leads and accounts payable technicians have different pay scales, as shown below.
| Accounts Payable Team Lead | Accounts Payable Technician | |
| Average salary | $70,092 | $47,325 |
| Salary range | Between $50,000 And $97,000 | Between $33,000 And $66,000 |
| Highest paying City | - | Juneau, AK |
| Highest paying state | - | Alaska |
| Best paying company | - | Baptist Health Care |
| Best paying industry | - | Manufacturing |
There are a few differences between an accounts payable team lead and an accounts payable technician in terms of educational background:
| Accounts Payable Team Lead | Accounts Payable Technician | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 39% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | SUNY Farmingdale |
Here are the differences between accounts payable team leads' and accounts payable technicians' demographics:
| Accounts Payable Team Lead | Accounts Payable Technician | |
| Average age | 51 | 40 |
| Gender ratio | Male, 24.4% Female, 75.6% | Male, 55.0% Female, 45.0% |
| 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, 9.1% Unknown, 5.0% Hispanic or Latino, 23.2% Asian, 6.8% White, 55.3% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 2% |