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Become A Bursar

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Working As A Bursar

  • Getting Information
  • Interacting With Computers
  • Processing Information
  • Documenting/Recording Information
  • Organizing, Planning, and Prioritizing Work
  • Mostly Sitting

  • Repetitive

  • $55,000

    Average Salary

What Does A Bursar Do

Bookkeeping, accounting, and auditing clerks produce financial records for organizations. They record financial transactions, update statements, and check financial records for accuracy.

Duties

Bookkeeping, accounting, and auditing clerks typically do the following:

  • Use bookkeeping software, online spreadsheets, and databases
  • Enter (post) financial transactions into the appropriate computer software
  • Receive and record cash, checks, and vouchers
  • Put costs (debits) and income (credits) into the software, assigning each to an appropriate account
  • Produce reports, such as balance sheets (costs compared with income), income statements, and totals by account
  • Check for accuracy in figures, postings, and reports
  • Reconcile or note and report any differences they find in the records

The records that bookkeeping, accounting, and auditing clerks work with include expenditures (money spent), receipts (money that comes in), accounts payable (bills to be paid), accounts receivable (invoices, or what other people owe the organization), and profit and loss (a report that shows the organization’s financial health).

Workers in this occupation have a wide range of tasks. Some are full-charge bookkeeping clerks who maintain an entire organization’s books. Others are accounting clerks who handle specific tasks.

These clerks use basic mathematics (adding, subtracting) throughout the day.

Bookkeeping, accounting, and auditing clerks use specialized computer accounting software, spreadsheets, and databases to enter information from receipts or bills. They must be comfortable using computers to record and calculate data.

The widespread use of computers also has enabled bookkeeping, accounting, and auditing clerks to take on additional responsibilities, such as payroll, billing, purchasing (buying), and keeping track of overdue bills. Many of these functions require clerks to communicate with clients.

Bookkeeping clerks, also known as bookkeepers, often are responsible for some or all of an organization’s accounts, known as the general ledger. They record all transactions and post debits (costs) and credits (income).

They also produce financial statements and other reports for supervisors and managers. Bookkeepers prepare bank deposits by compiling data from cashiers, verifying receipts, and sending cash, checks, or other forms of payment to the bank.

In addition, they may handle payroll, make purchases, prepare invoices, and keep track of overdue accounts.

Accounting clerks typically work for larger companies and have more specialized tasks. Their titles, such as accounts payable clerk or accounts receivable clerk, often reflect the type of accounting they do.

The responsibilities of accounting clerks frequently vary by level of experience. Entry-level accounting clerks may post details of transactions (including date, type, and amount), add up accounts, and determine interest charges. They also may monitor loans and accounts to ensure that payments are up to date.

More advanced accounting clerks may add and balance billing vouchers, ensure that account data are complete and accurate, and code documents according to an organization’s procedures.

Auditing clerks check figures, postings, and documents to ensure that they are mathematically accurate and properly coded. They also correct or note errors for accountants or other workers to fix.

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How To Become A Bursar

Most bookkeeping, accounting, and auditing clerks need some postsecondary education and also learn some of their skills on the job. They must have basic math and computer skills, including knowledge of spreadsheets and bookkeeping software.

Education

Employers generally require bookkeeping, accounting, and auditing clerks to have some postsecondary education, particularly coursework in accounting. However, some candidates can be hired with just a high school diploma.

Training

Bookkeeping, accounting, and auditing clerks usually get on-the-job training. Under the guidance of a supervisor or another experienced employee, new clerks learn how to do their tasks, including double-entry bookkeeping. In double-entry bookkeeping, each transaction is entered twice, once as a debit (cost) and once as a credit (income), to ensure that all accounts are balanced.

Some formal classroom training also may be necessary, such as training in specialized computer software. This on-the-job training typically takes around 6 months.

Licenses, Certifications, and Registrations

Some bookkeeping, accounting, and auditing clerks become certified. For those who do not have postsecondary education, certification is a particularly useful way to gain expertise in the field. The Certified Bookkeeper (CB) designation, awarded by the American Institute of Professional Bookkeepers, shows that those who have earned it have the skills and knowledge needed to carry out all bookkeeping tasks, including overseeing payroll and balancing accounts, according to accepted accounting procedures.

For certification, candidates must have at least 2 years of full-time bookkeeping experience or equivalent part-time work, pass a four-part exam, and adhere to a code of ethics.

The National Association of Certified Public Bookkeepers also offers certification. The Uniform Bookkeeper Certification Examination is an online test with 50 multiple-choice questions. Test takers must answer 75 percent of the questions correctly to pass the exam.

Advancement

With appropriate experience and education, some bookkeeping, accounting, and auditing clerks may become accountants or auditors.

Important Qualities

Computer skills. Bookkeeping, accounting, and auditing clerks need to be comfortable using computer spreadsheets and bookkeeping software.

Detail oriented. These clerks are responsible for producing accurate financial records. They must pay attention to detail in order to avoid making errors and recognize errors that others have made.

Integrity. Bookkeeping, accounting, and auditing clerks have control of an organization’s financial documentation, which they must use properly and keep confidential. It is vital that they keep records transparent and guard against misappropriating an organization’s funds.

Math skills. Bookkeeping, accounting, and auditing clerks deal with numbers daily and should be comfortable with basic arithmetic.

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Average Yearly Salary
$55,000
Show Salaries
$36,000
Min 10%
$55,000
Median 50%
$55,000
Median 50%
$55,000
Median 50%
$55,000
Median 50%
$55,000
Median 50%
$55,000
Median 50%
$55,000
Median 50%
$85,000
Max 90%
Best Paying Company
Geisinger Health Plan
Highest Paying City
Rochester, NY
Highest Paying State
New Jersey
Avg Experience Level
3.1 years
How much does a Bursar make at top companies?
The national average salary for a Bursar in the United States is $55,505 per year or $27 per hour. Those in the bottom 10 percent make under $36,000 a year, and the top 10 percent make over $85,000.

Top Skills for A Bursar

  1. Financial Aid
  2. Bank Deposits
  3. Customer Service
You can check out examples of real life uses of top skills on resumes here:
  • Facilitate school s financial aid continuing education program.
  • Complete daily cash reconciliation using bank deposits, cashier reports for student accounts and loan account.
  • Develop procedures/policies for improved efficiency and customer service.
  • Handle cash and credit card transactions both in person and via telephone.
  • Enter and disburse student refunds, tuition reimbursement, and military pay.2 and disburse book voucher.

Rank:

Average Salary:

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Top 10 Best States for Bursars

  1. Alaska
  2. Connecticut
  3. New York
  4. New Jersey
  5. New Hampshire
  6. Massachusetts
  7. District of Columbia
  8. Maine
  9. Pennsylvania
  10. West Virginia
  • (2 jobs)
  • (1 jobs)
  • (10 jobs)
  • (1 jobs)
  • (0 jobs)
  • (1 jobs)
  • (0 jobs)
  • (0 jobs)
  • (4 jobs)
  • (0 jobs)

Bursar Demographics

Gender

Female

59.1%

Male

26.7%

Unknown

14.2%
Ethnicity

White

58.4%

Hispanic or Latino

18.6%

Black or African American

12.0%

Asian

7.7%

Unknown

3.3%
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Foreign Languages Spoken

Spanish

44.4%

French

13.9%

Russian

8.3%

Ukrainian

5.6%

Turkish

2.8%

Portuguese

2.8%

Chinese

2.8%

Telugu

2.8%

Vietnamese

2.8%

German

2.8%

Mandarin

2.8%

Hindi

2.8%

Korean

2.8%

Hebrew

2.8%
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Bursar Education

Schools

University of Phoenix

14.5%

Kaplan University

7.3%

Monroe College

7.3%

Keiser University

7.3%

Liberty University

7.3%

Touro College

6.4%

Strayer University

4.5%

Mercy College - Dobbs Ferry

3.6%

Bowling Green State University

3.6%

Grambling State University

3.6%

Ohio State University

3.6%

Webster University

3.6%

Kean University

3.6%

Lehman College of the City University of New York

3.6%

Wright State University

3.6%

Florida International University

3.6%

Southern New Hampshire University

3.6%

University of Massachusetts Amherst

3.6%

New York University

2.7%

Wilmington University

2.7%
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Majors

Business

34.7%

Accounting

21.1%

Finance

5.6%

Management

4.6%

Psychology

4.2%

Human Resources Management

4.2%

Education

3.2%

Liberal Arts

3.0%

Health Care Administration

2.6%

Communication

2.0%

Criminal Justice

1.8%

General Education, Specific Areas

1.8%

School Counseling

1.6%

Economics

1.6%

Educational Leadership

1.6%

Computer Science

1.4%

Elementary Education

1.4%

Public Administration

1.4%

Kinesiology

1.2%

Marketing

1.2%
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Degrees

Bachelors

44.1%

Masters

26.7%

Other

15.1%

Associate

8.5%

Certificate

2.9%

Diploma

1.9%

Doctorate

0.7%
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