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Accounts receivable clerk vs senior accounting clerk

The differences between accounts receivable clerks and senior accounting 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 accounts receivable clerk and a senior accounting clerk. Additionally, a senior accounting clerk has an average salary of $46,531, which is higher than the $36,425 average annual salary of an accounts receivable clerk.

The top three skills for an accounts receivable clerk include customer service, data entry and collection calls. The most important skills for a senior accounting clerk are data entry, general ledger accounts, and reconciliations.

Accounts receivable clerk vs senior accounting clerk overview

Accounts Receivable ClerkSenior Accounting Clerk
Yearly salary$36,425$46,531
Hourly rate$17.51$22.37
Growth rate-5%-5%
Number of jobs87,93582,627
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 47%
Average age5151
Years of experience66

What does an accounts receivable clerk do?

An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.

What does a senior accounting clerk do?

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.

Accounts receivable clerk vs senior accounting clerk salary

Accounts receivable clerks and senior accounting clerks have different pay scales, as shown below.

Accounts Receivable ClerkSenior Accounting Clerk
Average salary$36,425$46,531
Salary rangeBetween $29,000 And $45,000Between $33,000 And $64,000
Highest paying CityBoston, MASan Jose, CA
Highest paying stateMassachusettsCalifornia
Best paying companyIBMEncore Capital Group
Best paying industryFinanceFinance

Differences between accounts receivable clerk and senior accounting clerk education

There are a few differences between an accounts receivable clerk and a senior accounting clerk in terms of educational background:

Accounts Receivable ClerkSenior Accounting Clerk
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 47%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounts receivable clerk vs senior accounting clerk demographics

Here are the differences between accounts receivable clerks' and senior accounting clerks' demographics:

Accounts Receivable ClerkSenior Accounting Clerk
Average age5151
Gender ratioMale, 13.7% Female, 86.3%Male, 18.0% Female, 82.0%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between accounts receivable clerk and senior accounting clerk duties and responsibilities

Accounts receivable clerk example responsibilities.

  • Manage and monitor weekly bank deposit runs and record deposits into QuickBooks.
  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Obtain online reports of bank transactions, including deposits, ACH, EFT and wire payments from multiple banking institutions.
  • Utilize QuickBooks accounting software for billing/invoices, generate statements.
  • Perform necessary adjustments using knowledge of Medicare and all third party insurance.
  • Investigate and resolve any out-of-balances including credit card discrepancies / lockbox exceptions.
  • Show more

Senior accounting clerk example responsibilities.

  • Manage payroll general ledger accounts including account reconciliations and monthly accruals.
  • Implement premium accounting statistical reports of all monies collect, including return items and general accounting from bank reconciliations.
  • Process ACH payments in accordance with company deadlines.
  • Cross train on many functions within the ACH department.
  • Monitor and clear holding accounts daily using PeopleSoft; prepare journals as necessary.
  • Assist with monthly, quarterly, and yearly closing processes, including accruals.
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Accounts receivable clerk vs senior accounting clerk skills

Common accounts receivable clerk skills
  • Customer Service, 12%
  • Data Entry, 9%
  • Collection Calls, 8%
  • Financial Data, 7%
  • Credit Card Payments, 5%
  • Process Payments, 5%
Common senior accounting clerk skills
  • Data Entry, 10%
  • General Ledger Accounts, 9%
  • Reconciliations, 8%
  • Senior Accounting, 7%
  • Purchase Orders, 7%
  • Credit Card Payments, 5%

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