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Accounting assistant vs accountable clerk

The differences between accounting assistants and accountable 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 accounting assistant and an accountable clerk. Additionally, an accounting assistant has an average salary of $39,569, which is higher than the $38,120 average annual salary of an accountable clerk.

The top three skills for an accounting assistant include data entry, customer service and reconciliations. The most important skills for an accountable clerk are data entry, financial reports, and purchase orders.

Accounting assistant vs accountable clerk overview

Accounting AssistantAccountable Clerk
Yearly salary$39,569$38,120
Hourly rate$19.02$18.33
Growth rate-5%-5%
Number of jobs63,94581,209
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 41%
Average age5151
Years of experience66

What does an accounting assistant do?

An accounting assistant is responsible for supporting the daily operations of the business' accounting department, from reviewing financial transactions to the submission of financial reports. Accounting assistants' duties include performing data entry and clerical tasks, maintaining a safe record of account statements, updating and analyzing transactions, verifying the accuracy of financial records, and managing customers and vendors' inquiries as immediate as possible. An accounting assistant must have a broad knowledge of the accounting principles and processes, as well as excellent communication and time-management skills, especially on meeting strict deadlines and doing complex tasks as needed.

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.

Accounting assistant vs accountable clerk salary

Accounting assistants and accountable clerks have different pay scales, as shown below.

Accounting AssistantAccountable Clerk
Average salary$39,569$38,120
Salary rangeBetween $30,000 And $50,000Between $29,000 And $49,000
Highest paying CityWashington, DCNew Haven, CT
Highest paying stateNew YorkMassachusetts
Best paying companyLos Alamos National LaboratoryWayne County, Michigan
Best paying industryFinanceGovernment

Differences between accounting assistant and accountable clerk education

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

Accounting AssistantAccountable Clerk
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 41%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting assistant vs accountable clerk demographics

Here are the differences between accounting assistants' and accountable clerks' demographics:

Accounting AssistantAccountable Clerk
Average age5151
Gender ratioMale, 20.1% Female, 79.9%Male, 19.1% Female, 80.9%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6%Black 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%
LGBT Percentage7%7%

Differences between accounting assistant and accountable clerk duties and responsibilities

Accounting assistant example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Participate in weekly, monthly, quarterly, and yearly audits to ensure SOX compliance and propose opportunities for improvement.
  • Meet with account teams to discuss job structure, new projects, client requests, billing procedures, and SOX requirements.
  • Reconcile departmental report cash against banking ACH transactions.
  • Process mortgage portfolio monthly payments and interest accruals.
  • Utilize online system for calculating payroll and family tuition payments.
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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

Accounting assistant vs accountable clerk skills

Common accounting assistant skills
  • Data Entry, 13%
  • Customer Service, 11%
  • Reconciliations, 8%
  • Purchase Orders, 7%
  • Credit Card Payments, 6%
  • General Ledger Accounts, 5%
Common accountable clerk skills
  • Data Entry, 11%
  • Financial Reports, 10%
  • Purchase Orders, 8%
  • Customer Service, 8%
  • Process Payroll, 8%
  • Office Equipment, 4%

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