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The differences between accounts payable technicians and accounts payable leads can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an accounts payable technician, becoming an accounts payable lead takes usually requires 4-6 years. Additionally, an accounts payable lead has an average salary of $57,175, which is higher than the $47,325 average annual salary of an accounts payable technician.
The top three skills for an accounts payable technician include FAA, A/P and powerplant. The most important skills for an accounts payable lead are FAA, purchase orders, and vendor invoices.
| Accounts Payable Technician | Accounts Payable Lead | |
| Yearly salary | $47,325 | $57,175 |
| Hourly rate | $22.75 | $27.49 |
| Growth rate | 6% | -5% |
| Number of jobs | 23,079 | 31,041 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 39% | Bachelor's Degree, 51% |
| Average age | 40 | 51 |
| Years of experience | 4 | 6 |
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 leads are accounting professionals who are responsible for leading a team of professionals that manage the company's accounts payable, a short-term debt payment that needs to be paid to avoid default. These professionals are required to evaluate vendor invoices and prepare payments to pay vendors while preparing the daily expense reports. They must create the general ledger at the end of the month to reconcile closing balances. Accounts payable leads must also assist purchasing agents in resolving vendor or customer issues that pertained to inaccurate information on purchase orders.
Accounts payable technicians and accounts payable leads have different pay scales, as shown below.
| Accounts Payable Technician | Accounts Payable Lead | |
| Average salary | $47,325 | $57,175 |
| Salary range | Between $33,000 And $66,000 | Between $41,000 And $79,000 |
| Highest paying City | Juneau, AK | New York, NY |
| Highest paying state | Alaska | New York |
| Best paying company | Baptist Health Care | NV Energy |
| Best paying industry | Manufacturing | Technology |
There are a few differences between an accounts payable technician and an accounts payable lead in terms of educational background:
| Accounts Payable Technician | Accounts Payable Lead | |
| Most common degree | Bachelor's Degree, 39% | Bachelor's Degree, 51% |
| Most common major | Accounting | Accounting |
| Most common college | SUNY Farmingdale | University of Pennsylvania |
Here are the differences between accounts payable technicians' and accounts payable leads' demographics:
| Accounts Payable Technician | Accounts Payable Lead | |
| Average age | 40 | 51 |
| Gender ratio | Male, 55.0% Female, 45.0% | Male, 28.7% Female, 71.3% |
| Race ratio | 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% | 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 | 2% | 7% |