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Escrow clerk vs accounts payable assistant

The differences between escrow clerks and accounts payable assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an escrow clerk and an accounts payable assistant. Additionally, an accounts payable assistant has an average salary of $37,145, which is higher than the $36,861 average annual salary of an escrow clerk.

The top three skills for an escrow clerk include escrow accounts, property taxes and insurance policies. The most important skills for an accounts payable assistant are data entry, purchase orders, and vendor invoices.

Escrow clerk vs accounts payable assistant overview

Escrow ClerkAccounts Payable Assistant
Yearly salary$36,861$37,145
Hourly rate$17.72$17.86
Growth rate-5%-5%
Number of jobs66,86831,341
Job satisfaction--
Most common degreeAssociate Degree, 35%Bachelor's Degree, 49%
Average age5151
Years of experience66

Escrow clerk vs accounts payable assistant salary

Escrow clerks and accounts payable assistants have different pay scales, as shown below.

Escrow ClerkAccounts Payable Assistant
Average salary$36,861$37,145
Salary rangeBetween $27,000 And $49,000Between $29,000 And $46,000
Highest paying City-Santa Cruz, CA
Highest paying state-California
Best paying company-Emerson College
Best paying industry-Construction

Differences between escrow clerk and accounts payable assistant education

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

Escrow ClerkAccounts Payable Assistant
Most common degreeAssociate Degree, 35%Bachelor's Degree, 49%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Escrow clerk vs accounts payable assistant demographics

Here are the differences between escrow clerks' and accounts payable assistants' demographics:

Escrow ClerkAccounts Payable Assistant
Average age5151
Gender ratioMale, 11.5% Female, 88.5%Male, 15.2% Female, 84.8%
Race ratioBlack or African American, 7.2% Unknown, 4.0% Hispanic or Latino, 15.3% Asian, 5.0% White, 67.9% 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 Percentage7%7%

Differences between escrow clerk and accounts payable assistant duties and responsibilities

Escrow clerk example responsibilities.

  • Manage escrow department for title insurance company.
  • Maintain cleanliness of the company warehouse, operate warehouse machinery and organize the warehouse to ensure proper product placement.
  • Write checks in QuickBooks, send for signature, scan, separate, and mail.
  • Manage escrow department for title insurance company.

Accounts payable assistant example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Issue weekly payments to vendors by check, ACH, domestic wire, and international wire in USD and other currencies.
  • Assist in accounts payable/receivable including check deposits, credit card payments, ACH payments, credits, check runs, etc.
  • Compose effective accounting reports summarizing accounts payable data using QuickBooks.
  • Prepare payroll for salary and hourly personnel, including necessary reports for regulatory bodies.
  • Respond to payroll accounting inquires; provide resolution, information, or direction accordingly.
  • Show more

Escrow clerk vs accounts payable assistant skills

Common escrow clerk skills
  • Escrow Accounts, 32%
  • Property Taxes, 23%
  • Insurance Policies, 14%
  • Flood Insurance, 11%
  • Tax Payments, 7%
  • HOA, 7%
Common accounts payable assistant skills
  • Data Entry, 15%
  • Purchase Orders, 10%
  • Vendor Invoices, 9%
  • Payroll, 6%
  • Vendor Statements, 5%
  • Financial Reports, 4%

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