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The differences between accounts receivable managers and accounts payable clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become an accounts receivable manager, becoming an accounts payable clerk takes usually requires 4-6 years. Additionally, an accounts receivable manager has an average salary of $69,403, which is higher than the $38,333 average annual salary of an accounts payable clerk.
The top three skills for an accounts receivable manager include customer service, accounts receivables and financial reports. The most important skills for an accounts payable clerk are customer service, data entry, and purchase orders.
| Accounts Receivable Manager | Accounts Payable Clerk | |
| Yearly salary | $69,403 | $38,333 |
| Hourly rate | $33.37 | $18.43 |
| Growth rate | 17% | -5% |
| Number of jobs | 53,859 | 89,564 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 46% |
| Average age | 46 | 51 |
| Years of experience | 8 | 6 |
An accounts receivable manager is responsible for overseeing the financial matters in a business or company, focusing on the generated sales and income. Moreover, they are also responsible for maintaining an accurate and efficient collection of payments, conducting research and analysis, and supervising the workforce, striving to meet all the goals within the allotted time. As a manager in the department, it is also vital to lead fellow skilled professionals and implement the policies and regulations of the company or organization.
An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.
Accounts receivable managers and accounts payable clerks have different pay scales, as shown below.
| Accounts Receivable Manager | Accounts Payable Clerk | |
| Average salary | $69,403 | $38,333 |
| Salary range | Between $42,000 And $114,000 | Between $30,000 And $48,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | Massachusetts |
| Best paying company | Meta | Jane Street |
| Best paying industry | Technology | Technology |
There are a few differences between an accounts receivable manager and an accounts payable clerk in terms of educational background:
| Accounts Receivable Manager | Accounts Payable Clerk | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 46% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts receivable managers' and accounts payable clerks' demographics:
| Accounts Receivable Manager | Accounts Payable Clerk | |
| Average age | 46 | 51 |
| Gender ratio | Male, 25.0% Female, 75.0% | Male, 17.2% Female, 82.8% |
| Race ratio | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 7.6% White, 65.1% American Indian and Alaska Native, 0.3% | Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 11% | 7% |