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Accounting internship vs accountable clerk

The differences between accounting interns 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 internship and an accountable clerk. Additionally, an accountable clerk has an average salary of $38,120, which is higher than the $30,642 average annual salary of an accounting internship.

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

Accounting internship vs accountable clerk overview

Accounting InternshipAccountable Clerk
Yearly salary$30,642$38,120
Hourly rate$14.73$18.33
Growth rate-5%-5%
Number of jobs80,29981,209
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 41%
Average age5151
Years of experience66

What does an accounting internship do?

An accounting internship is a trainee who reports to an organization's accountant in order to learn about the accounting field, complete financial projects and files taxes, and financial reports. An intern should be a graduate of a Bachelor's or Master's in Accounting and should have an aptitude for mathematics and proficiency with computers. In order to prepare financial reports, an intern should possess knowledge with bookkeeping software. An intern must also know how to handle sensitive information with honesty and integrity.

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 internship vs accountable clerk salary

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

Accounting InternshipAccountable Clerk
Average salary$30,642$38,120
Salary rangeBetween $24,000 And $38,000Between $29,000 And $49,000
Highest paying CitySan Francisco, CANew Haven, CT
Highest paying stateCaliforniaMassachusetts
Best paying companyBWX TechnologiesWayne County, Michigan
Best paying industryTelecommunicationGovernment

Differences between accounting internship and accountable clerk education

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

Accounting InternshipAccountable Clerk
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 41%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting internship vs accountable clerk demographics

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

Accounting InternshipAccountable Clerk
Average age5151
Gender ratioMale, 53.3% Female, 46.7%Male, 19.1% Female, 80.9%
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, 6.7% 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 internship and accountable clerk duties and responsibilities

Accounting internship example responsibilities.

  • Acquire training on the automated ADP payroll system which lead to a recommendation for the payroll manager position.
  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Prepare and process accounts payable checks and ACH payments.
  • Code diagnosis and add appropriate modifiers to CPT codes.
  • Prepare and maintain monthly departmental reports to maintain SOX compliance.
  • Demonstrate knowledge of medical terminology, ICD-9 codes, and CPT codes.
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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.
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Accounting internship vs accountable clerk skills

Common accounting internship skills
  • Reconciliations, 14%
  • Data Entry, 7%
  • Payroll, 6%
  • First Hand, 6%
  • Work Ethic, 6%
  • Account Reconciliations, 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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