Accounting clerks supervisor vs payment processor

The differences between accounting clerks supervisors and payment processors 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 clerks supervisor and a payment processor. Additionally, an accounting clerks supervisor has an average salary of $36,321, which is higher than the $34,030 average annual salary of a payment processor.

The top three skills for an accounting clerks supervisor include payroll taxes, bank deposits and reconciliations. The most important skills for a payment processor are customer service, patients, and data entry.

Accounting clerks supervisor vs payment processor overview

	Accounting Clerks Supervisor	Payment Processor
Yearly salary	$36,321	$34,030
Hourly rate	$17.46	$16.36
Growth rate	-5%	-5%
Number of jobs	23,876	33,161
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 44%	Bachelor's Degree, 35%
Average age	51	51
Years of experience	6	6

Accounting clerks supervisor vs payment processor salary

Accounting clerks supervisors and payment processors have different pay scales, as shown below.

	Accounting Clerks Supervisor	Payment Processor
Average salary	$36,321	$34,030
Salary range	Between $28,000 And $47,000	Between $27,000 And $42,000
Highest paying City	-	San Jose, CA
Highest paying state	-	Alaska
Best paying company	-	University of California, Berkeley
Best paying industry	-	Insurance

Differences between accounting clerks supervisor and payment processor education

There are a few differences between an accounting clerks supervisor and a payment processor in terms of educational background:

	Accounting Clerks Supervisor	Payment Processor
Most common degree	Bachelor's Degree, 44%	Bachelor's Degree, 35%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Accounting clerks supervisor vs payment processor demographics

Here are the differences between accounting clerks supervisors' and payment processors' demographics:

	Accounting Clerks Supervisor	Payment Processor
Average age	51	51
Gender ratio	Male, 25.5% Female, 74.5%	Male, 21.5% Female, 78.5%
Race ratio	Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.3% Asian, 6.5% White, 67.9% American Indian and Alaska Native, 0.6%	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.4% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between accounting clerks supervisor and payment processor duties and responsibilities

Accounting clerks supervisor example responsibilities.

Ensure proper and timely reports are possible from new bank which lead to more timely reconciliations.
Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
General account reconciliations for year-end closing.
Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Update weekly transactions and monthly bank reconciliations on Peachtree for multiple businesses to assist in preparation of accurate financial statements.

Payment processor example responsibilities.

Manage and review all incoming discounts and electronic contractual adjustments for accuracy per the negotiated Medicaid and Medicare contracts ;.
Maintain daily transactions for customer payments and various bank accounts using Quickbooks to track transactions.
Prepare and print all reports for EDI processing.
Maintain client customer confidentiality and HIPAA regulations with all data handling and transfers.
Uphold and reinforce compliance with hospital policies and federal regulations such as HIPAA.
Investigate and take corrective action regarding invoices reject by system or through EDI.

Accounting clerks supervisor vs payment processor skills

Common accounting clerks supervisor skills

Payroll Taxes, 24%
Bank Deposits, 19%
Reconciliations, 17%
Credit Card Payments, 7%
Financial Reports, 7%
A/P, 7%

Common payment processor skills

Customer Service, 15%
Patients, 10%
Data Entry, 10%
ACH, 8%
Phone Calls, 5%
Credit Card Payments, 4%

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Office and Administrative Industry
Accounting Clerks Supervisor
Accounting Clerks Supervisor vs Payment Processor

Updated January 8, 2025

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