Accounts receivable clerk vs accounts payable lead

The differences between accounts receivable clerks and accounts payable leads 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 receivable clerk and an accounts payable lead. Additionally, an accounts payable lead has an average salary of $57,175, which is higher than the $36,425 average annual salary of an accounts receivable clerk.

The top three skills for an accounts receivable clerk include customer service, data entry and collection calls. The most important skills for an accounts payable lead are FAA, purchase orders, and vendor invoices.

Accounts receivable clerk vs accounts payable lead overview

	Accounts Receivable Clerk	Accounts Payable Lead
Yearly salary	$36,425	$57,175
Hourly rate	$17.51	$27.49
Growth rate	-5%	-5%
Number of jobs	87,935	31,041
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 36%	Bachelor's Degree, 51%
Average age	51	51
Years of experience	6	6

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.

What does an accounts payable lead do?

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 receivable clerk vs accounts payable lead salary

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

	Accounts Receivable Clerk	Accounts Payable Lead
Average salary	$36,425	$57,175
Salary range	Between $29,000 And $45,000	Between $41,000 And $79,000
Highest paying City	Boston, MA	New York, NY
Highest paying state	Massachusetts	New York
Best paying company	IBM	NV Energy
Best paying industry	Finance	Technology

Differences between accounts receivable clerk and accounts payable lead education

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

	Accounts Receivable Clerk	Accounts Payable Lead
Most common degree	Bachelor's Degree, 36%	Bachelor's Degree, 51%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts receivable clerk vs accounts payable lead demographics

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

	Accounts Receivable Clerk	Accounts Payable Lead
Average age	51	51
Gender ratio	Male, 13.7% Female, 86.3%	Male, 28.7% Female, 71.3%
Race ratio	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%	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 receivable clerk and accounts payable lead duties and responsibilities

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 lead example responsibilities.

Manage weekly payment scheduling to expedite and efficiently meet vendor payment deadlines; including check run dates, wires and ACH.
Manage payroll transactions utilizing ADP payroll software.
Process check runs: set payments within the system, verify accuracy, and print checks launch ACH payments.
Assist in the implementation of new ERP system by testing and providing information need to meet the accounts payable processes.
Process invoices, check requests, employee reimbursements, and credit memos and ensure compliance with SOX documentation and approval guidelines.
Transmit monthly payroll information for bank reconciliation.

Accounts receivable clerk vs accounts payable lead skills

Common accounts receivable clerk skills

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

Common accounts payable lead skills

FAA, 7%
Purchase Orders, 7%
Vendor Invoices, 6%
Reconciliations, 6%
Data Entry, 5%
ACH, 5%

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Office and Administrative Industry
Accounts Receivable Clerk
Accounts Receivable Clerk vs Accounts Payable Lead

Updated January 8, 2025

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