What does an account processor do?

Finance clerks are financial professionals who are responsible for performing various administrative tasks such as keeping financial records, preparing bills, and delivering excellent customer service. These clerks are required to process bills, checks, receipts, and other documents to ensure that they are all properly signed and distributed. They must verify financial and other data so that they can enter those data into the database and maintain updated records. Finance clerks must also assist with account reconciliations and should report the status of accounts and discrepancies to the management.

There are some key differences in the responsibilities of each position. For example, account processor responsibilities require skills like "customer service," "customer inquiries," "customer problems," and "a/r." Meanwhile a typical finance clerk has skills in areas such as "purchase orders," "hr," "credit card," and "telephone calls." This difference in skills reveals the differences in what each career does.

A billing and insurance coordinator is responsible for coordinating with employees from different departments of an organization for billing and insurance processing purposes. Billing and insurance coordinators sort mail for distribution to appropriate personnel, performing administrative and clerical duties as needed, managing and releasing of invoices under the manager's supervision, and responding to employees' inquiries and concerns. A billing and insurance coordinator must be highly analytical, as well as have excellent knowledge of the insurance disciplines and processes to assist the employees with their payments and benefits.

Each career also uses different skills, according to real account processor resumes. While account processor responsibilities can utilize skills like "customer inquiries," "customer problems," "a/r," and "credit card payments," billing and insurance coordinators use skills like "patients," "work ethic," "strong work ethic," and "medical billing."

Senior Accounting Clerks lead in a complex set of work staff and are responsible for performing governmental fund accounting that involves reporting and financial record keeping. They are responsible for resolving discrepancies, verifying and auditing financial reports, and inputting data into their financial accounting system. They must know methods of verifying and reconciling accounting records, accounts payable and receivable, and how to familiarize themselves with their firm's financial accounting software. They must also be skilled in handling large sums of cash with integrity and making manual arithmetical calculations with speed and accuracy.

Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from account processor resumes include skills like "customer service," "customer problems," "a/r," and "financial reports," whereas a senior accounting clerk is more likely to list skills in "general ledger accounts," "reconciliations," "senior accounting," and "purchase orders. "

Accounts receivable specialists are members of the organization's finance or accounting department. They are responsible for managing the collection of payments for the company. They prepare official receipts and coordinate with account payable specialists from other companies with pending payables. They ensure that clients pay on time, and they also follow up on payments when necessary. They are responsible for checking whether the clients have already paid in full. Accounts receivable specialists are in charge of updating accounting records as well to ensure that client records are up to date.