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Accounts receivable analyst vs account payables analyst

The differences between accounts receivable analysts and account payables analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become an accounts receivable analyst, becoming an account payables analyst takes usually requires 4-6 years. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $43,692 average annual salary of an accounts receivable analyst.

The top three skills for an accounts receivable analyst include customer service, reconciliations and customer accounts. The most important skills for an account payables analyst are customer service, data entry, and purchase orders.

Accounts receivable analyst vs account payables analyst overview

Accounts Receivable AnalystAccount Payables Analyst
Yearly salary$43,692$54,356
Hourly rate$21.01$26.13
Growth rate-8%-5%
Number of jobs26,55873,985
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 63%
Average age4651
Years of experience126

What does an accounts receivable analyst do?

An Accounts Receivable Analyst provides accounts receivable support through monitoring all aspects of the collection of outstanding debts owed to a company. They check missing and unresolved payment issues, monitor overdue accounts, and prepare statements for managers.

What does an account payables analyst do?

An accounts payable analyst is primarily responsible for managing and processing invoices and payments, ensuring accuracy and timeliness. They are also responsible for coordinating with various departments to obtain and acquire data and invoices, submitting payments to external vendors and suppliers, identifying errors and inconsistencies, and providing corrective measures. One may also perform clerical tasks such as producing progress reports and presentations, managing schedules, addressing issues and concerns through calls and correspondence, and resolving them promptly and efficiently.

Accounts receivable analyst vs account payables analyst salary

Accounts receivable analysts and account payables analysts have different pay scales, as shown below.

Accounts Receivable AnalystAccount Payables Analyst
Average salary$43,692$54,356
Salary rangeBetween $33,000 And $57,000Between $39,000 And $74,000
Highest paying CityArlington, VASan Francisco, CA
Highest paying stateConnecticutNew York
Best paying companyPacific Investment Management Company LLCSMTC
Best paying industryHospitalityEnergy

Differences between accounts receivable analyst and account payables analyst education

There are a few differences between an accounts receivable analyst and an account payables analyst in terms of educational background:

Accounts Receivable AnalystAccount Payables Analyst
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 63%
Most common majorBusinessAccounting
Most common college-University of Pennsylvania

Accounts receivable analyst vs account payables analyst demographics

Here are the differences between accounts receivable analysts' and account payables analysts' demographics:

Accounts Receivable AnalystAccount Payables Analyst
Average age4651
Gender ratioMale, 29.4% Female, 70.6%Male, 26.3% Female, 73.7%
Race ratioBlack or African American, 14.2% Unknown, 4.0% Hispanic or Latino, 18.7% Asian, 3.5% White, 59.1% American Indian and Alaska Native, 0.5%Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage8%7%

Differences between accounts receivable analyst and account payables analyst duties and responsibilities

Accounts receivable analyst example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Perform and analyze all accounts receivable duties, including proper application of cash, check, ACH, and wire transactions.
  • Forecast estimate check clearing, deposits, ACH activities and other variables in order to set guidelines for daily cash position.
  • Verify benefits and eligibility for new patients.
  • Determine medical benefits base on contractual agreements assuring benefits are applied correctly for patients during claims processing.
  • Code invoices, research customer information, perform detail reconciliations, analyze exceptions with customer information and billing.
  • Show more

Account payables analyst example responsibilities.

  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Perform month end close activities such as account reconciliations and journal entries resulting in accurate financial statement reporting.
  • Perform validation in ERP to ensure invoices not already paid.
  • Maintain fixed assets in ERP system to report the correct depreciation monthly.
  • Request current vendors to switch payment type from check to ACH and enroll in e-Invoicing for faster and more efficient processing.
  • Coordinate ACH implementation/conversion to electronic payment system.
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Accounts receivable analyst vs account payables analyst skills

Common accounts receivable analyst skills
  • Customer Service, 13%
  • Reconciliations, 8%
  • Customer Accounts, 7%
  • Pivot Tables, 4%
  • Patients, 4%
  • Financial Reports, 4%
Common account payables analyst skills
  • Customer Service, 11%
  • Data Entry, 6%
  • Purchase Orders, 5%
  • Reconciliations, 5%
  • Vendor Invoices, 5%
  • Expense Reports, 4%

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