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Senior accounts payable specialist vs accounts payable supervisor

The differences between senior accounts payable specialists and accounts payable supervisors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior accounts payable specialist and an accounts payable supervisor. Additionally, a senior accounts payable specialist has an average salary of $60,557, which is higher than the $58,763 average annual salary of an accounts payable supervisor.

The top three skills for a senior accounts payable specialist include vendor statements, expense reports and purchase orders. The most important skills for an accounts payable supervisor are customer service, reconciliations, and vendor invoices.

Senior accounts payable specialist vs accounts payable supervisor overview

Senior Accounts Payable SpecialistAccounts Payable Supervisor
Yearly salary$60,557$58,763
Hourly rate$29.11$28.25
Growth rate-5%-5%
Number of jobs31,61144,207
Job satisfaction32
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 60%
Average age5147
Years of experience66

What does a senior accounts payable specialist do?

A senior accounts payable specialist is responsible for performing more complex tasks in the accounting department of an organization and assisting the junior staff in processing financial transactions. Senior accounts payable specialists manage invoice release for vendors and perform bank reconciliations. They also handle the vendors' inquiries and concerns regarding their paychecks and resolve billing discrepancies that they may have. A senior account payable specialist must have excellent knowledge of the accounting principles to generate payments accurately and maintain an organized record of the financial filing system.

What does an accounts payable supervisor do?

An accounts payable supervisor is an executive who is responsible for the timely payments of expense vouchers and vendor invoices. Accounts payable supervisors maintain the accuracy of the organization's financial records. They report to the head of the accounting department and oversee the accounts payable team. It is also part of their job to manage the company's budget reports and expense accounts. Leadership skills, strong communication, adaptability, and attention to detail are required to carry out this job.

Senior accounts payable specialist vs accounts payable supervisor salary

Senior accounts payable specialists and accounts payable supervisors have different pay scales, as shown below.

Senior Accounts Payable SpecialistAccounts Payable Supervisor
Average salary$60,557$58,763
Salary rangeBetween $43,000 And $83,000Between $43,000 And $79,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateDelawareRhode Island
Best paying companyPacific Investment Management Company LLCFUJIFILM Diosynth Biotechnologies
Best paying industryFinanceTechnology

Differences between senior accounts payable specialist and accounts payable supervisor education

There are a few differences between a senior accounts payable specialist and an accounts payable supervisor in terms of educational background:

Senior Accounts Payable SpecialistAccounts Payable Supervisor
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 60%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior accounts payable specialist vs accounts payable supervisor demographics

Here are the differences between senior accounts payable specialists' and accounts payable supervisors' demographics:

Senior Accounts Payable SpecialistAccounts Payable Supervisor
Average age5147
Gender ratioMale, 15.2% Female, 84.8%Male, 24.9% Female, 75.1%
Race ratioBlack 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, 9.9% Unknown, 4.7% Hispanic or Latino, 18.8% Asian, 5.2% White, 60.7% American Indian and Alaska Native, 0.6%
LGBT Percentage7%8%

Differences between senior accounts payable specialist and accounts payable supervisor duties and responsibilities

Senior accounts payable specialist example responsibilities.

  • Manage payroll garnishments to accurately comply with applicable state and municipal laws.
  • Prepare, process, and submit check files, wire transfers, ACH payments, and positive pay.
  • Maintain W9 forms for all vendors in the system.
  • Verify if all vendors W9's are on file.
  • Analyze and prepare the monthly/quarterly payments to IRS for FICA/FUTA taxes.
  • Train new staff on ERP software, AP policy and procedures, and customer service.
  • Show more

Accounts payable supervisor example responsibilities.

  • Manage the consolidation of multiple departments during process re-engineering, re-alignment and ERP implementation.
  • Lead year-end closing operations, process monthly, quarterly / year-end financial records, and monitor accounting reconciliations procedures.
  • Post daily transactions, cash receipts, wire transactions and EFT and ACH transactions through PeopleSoft accounts receivable module.
  • Evaluate accounting ERP system and test new system plug-ins, provide system testing evaluation reports and help with system implementation.
  • Identify opportunities for quality improvement such as working with various suppliers to set up automate invoice processing and payments via ACH.
  • Work with auditors to insure SOX compliance, update corporate travel policy, and provide training to staff for reimbursement system.
  • Show more

Senior accounts payable specialist vs accounts payable supervisor skills

Common senior accounts payable specialist skills
  • Vendor Statements, 10%
  • Expense Reports, 7%
  • Purchase Orders, 7%
  • Data Entry, 6%
  • Accruals, 5%
  • Reconciliations, 5%
Common accounts payable supervisor skills
  • Customer Service, 8%
  • Reconciliations, 6%
  • Vendor Invoices, 6%
  • Purchase Orders, 5%
  • Accruals, 4%
  • ACH, 4%

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