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Senior accounts payable specialist vs accounts receivable supervisor

The differences between senior accounts payable specialists and accounts receivable supervisors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a senior accounts payable specialist, becoming an accounts receivable supervisor takes usually requires 6-12 months. Additionally, a senior accounts payable specialist has an average salary of $60,557, which is higher than the $59,005 average annual salary of an accounts receivable 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 receivable supervisor are customer service, patients, and reconciliations.

Senior accounts payable specialist vs accounts receivable supervisor overview

Senior Accounts Payable SpecialistAccounts Receivable Supervisor
Yearly salary$60,557$59,005
Hourly rate$29.11$28.37
Growth rate-5%-8%
Number of jobs31,61122,338
Job satisfaction3-
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 55%
Average age5146
Years of experience612

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 receivable supervisor do?

An accounts receivable supervisor is responsible for overseeing the operations and activities related to an organization's accounts receivable. Your duties will vary and typically includes processing invoices and following-up on payments, maintaining cash receipts, and resolving payment issues on time. In addition, an accounts receivable supervisor will be responsible for updating and maintaining accurate financial records and ledgers, keeping information confidential to protect the organization's value, and accomplishing accounting and organizational mission by completing relevant results.

Senior accounts payable specialist vs accounts receivable supervisor salary

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

Senior Accounts Payable SpecialistAccounts Receivable Supervisor
Average salary$60,557$59,005
Salary rangeBetween $43,000 And $83,000Between $43,000 And $79,000
Highest paying CityWashington, DCManassas, VA
Highest paying stateDelawareVirginia
Best paying companyPacific Investment Management Company LLCF5
Best paying industryFinanceTechnology

Differences between senior accounts payable specialist and accounts receivable supervisor education

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

Senior Accounts Payable SpecialistAccounts Receivable Supervisor
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 55%
Most common majorAccountingBusiness
Most common collegeUniversity of Pennsylvania-

Senior accounts payable specialist vs accounts receivable supervisor demographics

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

Senior Accounts Payable SpecialistAccounts Receivable Supervisor
Average age5146
Gender ratioMale, 15.2% Female, 84.8%Male, 24.7% Female, 75.3%
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, 13.1% Unknown, 4.1% Hispanic or Latino, 18.9% Asian, 3.8% White, 59.5% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between senior accounts payable specialist and accounts receivable 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 receivable supervisor example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Enter all tickets including demographic information as well as coding tickets with proper CPT and ICD9 codes.
  • Remain current with all medical billing coding for ICD-9, CPT, revenue codes, and HCPC's.
  • Post cash to A/R or G/L accounts (including physical checks, credit card charges and ACH deposits).
  • Create billing codes for new accounts, set up possible ACH payment and bill out invoices on web base system.
  • Assist with company acquisitions and attend Nevada Medicaid conferences.
  • Show more

Senior accounts payable specialist vs accounts receivable 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 receivable supervisor skills
  • Customer Service, 13%
  • Patients, 6%
  • Reconciliations, 5%
  • Financial Statements, 4%
  • Data Entry, 4%
  • Cash Application, 3%

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