Bank clerk vs accounts receivable clerk

The differences between bank clerks and accounts receivable clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a bank clerk and an accounts receivable clerk. Additionally, an accounts receivable clerk has an average salary of $36,425, which is higher than the $31,947 average annual salary of a bank clerk.

The top three skills for a bank clerk include data entry, cash handling and loan payments. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.

Bank clerk vs accounts receivable clerk overview

	Bank Clerk	Accounts Receivable Clerk
Yearly salary	$31,947	$36,425
Hourly rate	$15.36	$17.51
Growth rate	-5%	-5%
Number of jobs	71,774	87,935
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 36%
Average age	51	51
Years of experience	6	6

Bank clerk vs accounts receivable clerk salary

Bank clerks and accounts receivable clerks have different pay scales, as shown below.

	Bank Clerk	Accounts Receivable Clerk
Average salary	$31,947	$36,425
Salary range	Between $26,000 And $38,000	Between $29,000 And $45,000
Highest paying City	Shoreline, WA	Boston, MA
Highest paying state	Washington	Massachusetts
Best paying company	Savings Bank of Mendocino County	IBM
Best paying industry	Finance	Finance

Differences between bank clerk and accounts receivable clerk education

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

	Bank Clerk	Accounts Receivable Clerk
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 36%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Bank clerk vs accounts receivable clerk demographics

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

	Bank Clerk	Accounts Receivable Clerk
Average age	51	51
Gender ratio	Male, 27.3% Female, 72.7%	Male, 13.7% Female, 86.3%
Race ratio	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%	Black 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%
LGBT Percentage	7%	7%

Differences between bank clerk and accounts receivable clerk duties and responsibilities

Bank clerk example responsibilities.

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Work on A/R and billing for a manufacturing company specializing in premium orthopedic, reconstructive and postoperative products.
Respond to inquiries from internal organization and external customers regarding package processing, delivery information and services offer by USPS stores.

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.

Bank clerk vs accounts receivable clerk skills

Common bank clerk skills

Data Entry, 12%
Cash Handling, 10%
Loan Payments, 8%
Financial Transactions, 8%
Customer Service Actions, 7%
ACH, 7%

Common accounts receivable clerk skills

Customer Service, 12%
Data Entry, 9%
Collection Calls, 8%
Financial Data, 7%
Credit Card Payments, 5%
Process Payments, 5%

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Bank Clerk
Bank Clerk vs Accounts Receivable Clerk

Updated January 8, 2025

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