Accounts payable team lead vs senior accounting clerk

The differences between accounts payable team leads and senior accounting 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 a senior accounting clerk. Additionally, an accounts payable team lead has an average salary of $70,092, which is higher than the $46,531 average annual salary of a senior accounting clerk.

The top three skills for an accounts payable team lead include vendor invoices, general ledger and reconciliations. The most important skills for a senior accounting clerk are data entry, general ledger accounts, and reconciliations.

Accounts payable team lead vs senior accounting clerk overview

	Accounts Payable Team Lead	Senior Accounting Clerk
Yearly salary	$70,092	$46,531
Hourly rate	$33.70	$22.37
Growth rate	-5%	-5%
Number of jobs	55,415	82,627
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 47%
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 senior accounting clerk do?

Senior Accounting Clerks lead in a complex set of work staff and are responsible for performing governmental fund accounting that involves reporting and financial record keeping. They are responsible for resolving discrepancies, verifying and auditing financial reports, and inputting data into their financial accounting system. They must know methods of verifying and reconciling accounting records, accounts payable and receivable, and how to familiarize themselves with their firm's financial accounting software. They must also be skilled in handling large sums of cash with integrity and making manual arithmetical calculations with speed and accuracy.

Accounts payable team lead vs senior accounting clerk salary

Accounts payable team leads and senior accounting clerks have different pay scales, as shown below.

	Accounts Payable Team Lead	Senior Accounting Clerk
Average salary	$70,092	$46,531
Salary range	Between $50,000 And $97,000	Between $33,000 And $64,000
Highest paying City	-	San Jose, CA
Highest paying state	-	California
Best paying company	-	Encore Capital Group
Best paying industry	-	Finance

Differences between accounts payable team lead and senior accounting clerk education

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

	Accounts Payable Team Lead	Senior Accounting Clerk
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 47%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts payable team lead vs senior accounting clerk demographics

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

	Accounts Payable Team Lead	Senior Accounting Clerk
Average age	51	51
Gender ratio	Male, 24.4% Female, 75.6%	Male, 18.0% Female, 82.0%
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, 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 senior accounting 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.

Senior accounting clerk example responsibilities.

Manage payroll general ledger accounts including account reconciliations and monthly accruals.
Implement premium accounting statistical reports of all monies collect, including return items and general accounting from bank reconciliations.
Process ACH payments in accordance with company deadlines.
Cross train on many functions within the ACH department.
Monitor and clear holding accounts daily using PeopleSoft; prepare journals as necessary.
Assist with monthly, quarterly, and yearly closing processes, including accruals.

Accounts payable team lead vs senior accounting 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 senior accounting clerk skills

Data Entry, 10%
General Ledger Accounts, 9%
Reconciliations, 8%
Senior Accounting, 7%
Purchase Orders, 7%
Credit Card Payments, 5%

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Accounts Payable Team Lead
Accounts Payable Team Lead vs Senior Accounting Clerk

Updated January 8, 2025

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