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The differences between senior accounts payable specialists and accounts receivable 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 senior accounts payable specialist and an accounts receivable clerk. Additionally, a senior accounts payable specialist has an average salary of $60,557, which is higher than the $36,425 average annual salary of an accounts receivable clerk.
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 receivable clerk are customer service, data entry, and collection calls.
| Senior Accounts Payable Specialist | Accounts Receivable Clerk | |
| Yearly salary | $60,557 | $36,425 |
| Hourly rate | $29.11 | $17.51 |
| Growth rate | -5% | -5% |
| Number of jobs | 31,611 | 87,935 |
| Job satisfaction | 3 | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 36% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
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.
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.
Senior accounts payable specialists and accounts receivable clerks have different pay scales, as shown below.
| Senior Accounts Payable Specialist | Accounts Receivable Clerk | |
| Average salary | $60,557 | $36,425 |
| Salary range | Between $43,000 And $83,000 | Between $29,000 And $45,000 |
| Highest paying City | Washington, DC | Boston, MA |
| Highest paying state | Delaware | Massachusetts |
| Best paying company | Pacific Investment Management Company LLC | IBM |
| Best paying industry | Finance | Finance |
There are a few differences between a senior accounts payable specialist and an accounts receivable clerk in terms of educational background:
| Senior Accounts Payable Specialist | Accounts Receivable Clerk | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 36% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior accounts payable specialists' and accounts receivable clerks' demographics:
| Senior Accounts Payable Specialist | Accounts Receivable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 15.2% Female, 84.8% | Male, 13.7% Female, 86.3% |
| 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% |