Accounts payable team lead vs accounts receivable clerk

The differences between accounts payable team leads and accounts receivable clerks 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 receivable clerk. Additionally, an accounts payable team lead has an average salary of $70,092, which is higher than the $36,425 average annual salary of an accounts receivable clerk.

The top three skills for an accounts payable team lead include vendor invoices, general ledger and reconciliations. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.

Accounts payable team lead vs accounts receivable clerk overview

	Accounts Payable Team Lead	Accounts Receivable Clerk
Yearly salary	$70,092	$36,425
Hourly rate	$33.70	$17.51
Growth rate	-5%	-5%
Number of jobs	55,415	87,935
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 36%
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 accounts receivable clerk do?

An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.

Accounts payable team lead vs accounts receivable clerk salary

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

	Accounts Payable Team Lead	Accounts Receivable Clerk
Average salary	$70,092	$36,425
Salary range	Between $50,000 And $97,000	Between $29,000 And $45,000
Highest paying City	-	Boston, MA
Highest paying state	-	Massachusetts
Best paying company	-	IBM
Best paying industry	-	Finance

Differences between accounts payable team lead and accounts receivable clerk education

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

	Accounts Payable Team Lead	Accounts Receivable Clerk
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 36%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts payable team lead vs accounts receivable clerk demographics

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

	Accounts Payable Team Lead	Accounts Receivable Clerk
Average age	51	51
Gender ratio	Male, 24.4% Female, 75.6%	Male, 13.7% Female, 86.3%
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, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between accounts payable team lead and accounts receivable clerk 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.

Accounts receivable clerk example responsibilities.

Manage and monitor weekly bank deposit runs and record deposits into QuickBooks.
Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
Obtain online reports of bank transactions, including deposits, ACH, EFT and wire payments from multiple banking institutions.
Utilize QuickBooks accounting software for billing/invoices, generate statements.
Perform necessary adjustments using knowledge of Medicare and all third party insurance.
Investigate and resolve any out-of-balances including credit card discrepancies / lockbox exceptions.

Accounts payable team lead vs accounts receivable clerk 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 receivable clerk skills

Customer Service, 12%
Data Entry, 9%
Collection Calls, 8%
Financial Data, 7%
Credit Card Payments, 5%
Process Payments, 5%

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Accounts Payable Team Lead
Accounts Payable Team Lead vs Accounts Receivable Clerk

Updated January 8, 2025

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