Accounts payable team lead vs bookkeeper

The differences between accounts payable team leads and bookkeepers 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 a bookkeeper. Additionally, an accounts payable team lead has an average salary of $70,092, which is higher than the $40,337 average annual salary of a bookkeeper.

The top three skills for an accounts payable team lead include vendor invoices, general ledger and reconciliations. The most important skills for a bookkeeper are payroll tax returns, customer service, and reconciliations.

Accounts payable team lead vs bookkeeper overview

	Accounts Payable Team Lead	Bookkeeper
Yearly salary	$70,092	$40,337
Hourly rate	$33.70	$19.39
Growth rate	-5%	-5%
Number of jobs	55,415	38,481
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 46%
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 a bookkeeper do?

Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.

Accounts payable team lead vs bookkeeper salary

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

	Accounts Payable Team Lead	Bookkeeper
Average salary	$70,092	$40,337
Salary range	Between $50,000 And $97,000	Between $30,000 And $52,000
Highest paying City	-	Washington, DC
Highest paying state	-	New York
Best paying company	-	NTT Data International L.L.C.
Best paying industry	-	Manufacturing

Differences between accounts payable team lead and bookkeeper education

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

	Accounts Payable Team Lead	Bookkeeper
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 46%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts payable team lead vs bookkeeper demographics

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

	Accounts Payable Team Lead	Bookkeeper
Average age	51	51
Gender ratio	Male, 24.4% Female, 75.6%	Male, 15.4% Female, 84.6%
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, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between accounts payable team lead and bookkeeper 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.

Bookkeeper example responsibilities.

Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
Perform journal entries, balance ledger, perform bank reconciliations, control inventory, coordinate proper guest accommodation.
Post and update of daily sales and purchases into QuickBooks system.
Execute monthly collection of Medicaid surplus funds from clients on a monthly basis.
Post resident receipts, Medicaid remittance, and process adjusting entries to the A/R detail.
Work closely with QC personnel for the planning of tooling and the flow process of PWB's.

Accounts payable team lead vs bookkeeper skills

Common accounts payable team lead skills

Vendor Invoices, 7%
General Ledger, 6%
Reconciliations, 5%
Purchase Orders, 5%
ACH, 5%
Customer Service, 4%

Common bookkeeper skills

Payroll Tax Returns, 12%
Customer Service, 10%
Reconciliations, 10%
Data Entry, 7%
Journal Entries, 5%
Financial Transactions, 4%

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Accounts Payable Team Lead
Accounts Payable Team Lead vs Bookkeeper

Updated January 8, 2025

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