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Accountable clerk vs finance clerk

The differences between accountable clerks and finance clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an accountable clerk and a finance clerk. Additionally, a finance clerk has an average salary of $39,225, which is higher than the $38,120 average annual salary of an accountable clerk.

The top three skills for an accountable clerk include data entry, financial reports and purchase orders. The most important skills for a finance clerk are data entry, purchase orders, and HR.

Accountable clerk vs finance clerk overview

Accountable ClerkFinance Clerk
Yearly salary$38,120$39,225
Hourly rate$18.33$18.86
Growth rate-5%-5%
Number of jobs81,209143,372
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 44%
Average age5151
Years of experience66

What does an accountable clerk do?

The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget. They mostly process payments and income, ensuring accuracy in every detail and transaction. An accountable clerk may also have clerical tasks such as producing progress reports, answering calls and correspondence, coordinating with various department personnel, and maintaining a database of information. Should there be any issues, it is essential to report to a manager right away.

What does a finance clerk 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.

Accountable clerk vs finance clerk salary

Accountable clerks and finance clerks have different pay scales, as shown below.

Accountable ClerkFinance Clerk
Average salary$38,120$39,225
Salary rangeBetween $29,000 And $49,000Between $27,000 And $56,000
Highest paying CityNew Haven, CTNew York, NY
Highest paying stateMassachusettsNew York
Best paying companyWayne County, MichiganUnited States Courts
Best paying industryGovernmentGovernment

Differences between accountable clerk and finance clerk education

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

Accountable ClerkFinance Clerk
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 44%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accountable clerk vs finance clerk demographics

Here are the differences between accountable clerks' and finance clerks' demographics:

Accountable ClerkFinance Clerk
Average age5151
Gender ratioMale, 19.1% Female, 80.9%Male, 26.2% Female, 73.8%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% 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 Percentage7%7%

Differences between accountable clerk and finance clerk duties and responsibilities

Accountable clerk example responsibilities.

  • Manage the accurate and timely processing of AP invoices for multiple companies.
  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Scan incoming A/P, A/R, bank statements, mail, etc.
  • Review AR aging to ensure compliance.
  • Process, distribute, and maintain AR invoices.
  • Review and handle in-clearing reject items (ACH and checks) and process check adjustments.
    • Show more

Finance clerk example responsibilities.

  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Collaborate with insurance company representatives, case managers and physicians to obtain treatment authorization for potential kidney and kidney/pancreas transplant patients.
  • Write checks in the QuickBooks software to vendors and to reimburse employees.
  • Establish customer files in QuickBooks, write and test work instructions for clients, log and close complete files.
  • Produce PowerPoint presentations in order to brief the command team of the on goings within the company.
  • Used an automate information system (PeopleSoft) to edit, modify, and verify customers personal and payment information.
    • Show more

Accountable clerk vs finance clerk skills

Common accountable clerk skills
  • Data Entry, 11%
  • Financial Reports, 10%
  • Purchase Orders, 8%
  • Customer Service, 8%
  • Process Payroll, 8%
  • Office Equipment, 4%
Common finance clerk skills
  • Data Entry, 16%
  • Purchase Orders, 9%
  • HR, 5%
  • Bank Statements, 5%
  • Bank Deposits, 5%
  • Credit Card, 4%

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Updated January 8, 2025

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