Finance processing clerk vs accounts payable clerk

The differences between finance processing clerks and accounts payable clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a finance processing clerk and an accounts payable clerk. Additionally, an accounts payable clerk has an average salary of $38,333, which is higher than the $36,290 average annual salary of a finance processing clerk.

The top three skills for a finance processing clerk include data entry, financial transactions and outbound calls. The most important skills for an accounts payable clerk are customer service, data entry, and purchase orders.

Finance processing clerk vs accounts payable clerk overview

	Finance Processing Clerk	Accounts Payable Clerk
Yearly salary	$36,290	$38,333
Hourly rate	$17.45	$18.43
Growth rate	-5%	-5%
Number of jobs	140,293	89,564
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 46%
Average age	51	51
Years of experience	6	6

Finance processing clerk vs accounts payable clerk salary

Finance processing clerks and accounts payable clerks have different pay scales, as shown below.

	Finance Processing Clerk	Accounts Payable Clerk
Average salary	$36,290	$38,333
Salary range	Between $28,000 And $46,000	Between $30,000 And $48,000
Highest paying City	Carlsbad, CA	Washington, DC
Highest paying state	California	Massachusetts
Best paying company	Plante & Moran PLLC.	Jane Street
Best paying industry	Government	Technology

Differences between finance processing clerk and accounts payable clerk education

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

	Finance Processing Clerk	Accounts Payable Clerk
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 46%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Finance processing clerk vs accounts payable clerk demographics

Here are the differences between finance processing clerks' and accounts payable clerks' demographics:

	Finance Processing Clerk	Accounts Payable Clerk
Average age	51	51
Gender ratio	Male, 31.8% Female, 68.2%	Male, 17.2% Female, 82.8%
Race ratio	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.8% American Indian and Alaska Native, 0.6%	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	7%	7%

Differences between finance processing clerk and accounts payable clerk duties and responsibilities

Finance processing clerk example responsibilities.

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Create various disbursements such as checks, wires and ACH's.
Execute origination process, reports and research information for certification.
Maintain cleanliness of the company warehouse, operate warehouse machinery and organize the warehouse to ensure proper product placement.
Execute general administrative and bookkeeping duties, vehicle billing, and maintain computerized bookkeeping system ADP.

Accounts payable clerk example responsibilities.

Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Match, code, and process vendor payments via MAS90 accounting system - including check runs and ACH payments.
Perform duties in compliance with GAAP, company and department policies and procedures, internal controls, and Sarbanes-Oxley requirements.
Process division payroll in coordination with ADP payroll systems for semi-monthly and weekly union contract employees.
Scan and store documents daily, retrieve W2 and W9 information along with service provider agreements when or if need.
Print, review, research, edit, code and batch invoices for processing via the various ERP financial systems.

Finance processing clerk vs accounts payable clerk skills

Common finance processing clerk skills

Data Entry, 17%
Financial Transactions, 15%
Outbound Calls, 6%
Student Loans, 6%
Title IV, 6%
External Regulations, 6%

Common accounts payable clerk skills

Customer Service, 13%
Data Entry, 10%
Purchase Orders, 8%
Expense Reports, 6%
Vendor Invoices, 6%
Vendor Statements, 5%

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Finance Processing Clerk
Finance Processing Clerk vs Accounts Payable Clerk

Updated January 8, 2025

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