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Cash accounting clerk vs cash accountant

The differences between cash accounting clerks and cash accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a cash accounting clerk, becoming a cash accountant takes usually requires 2-4 years. Additionally, a cash accountant has an average salary of $57,971, which is higher than the $34,089 average annual salary of a cash accounting clerk.

The top three skills for a cash accounting clerk include cash handling, bank deposits and cash management. The most important skills for a cash accountant are reconciliations, cash management, and general ledger accounts.

Cash accounting clerk vs cash accountant overview

Cash Accounting ClerkCash Accountant
Yearly salary$34,089$57,971
Hourly rate$16.39$27.87
Growth rate-5%6%
Number of jobs84,35940,765
Job satisfaction--
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 69%
Average age5144
Years of experience64

Cash accounting clerk vs cash accountant salary

Cash accounting clerks and cash accountants have different pay scales, as shown below.

Cash Accounting ClerkCash Accountant
Average salary$34,089$57,971
Salary rangeBetween $28,000 And $41,000Between $44,000 And $76,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between cash accounting clerk and cash accountant education

There are a few differences between a cash accounting clerk and a cash accountant in terms of educational background:

Cash Accounting ClerkCash Accountant
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 69%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Cash accounting clerk vs cash accountant demographics

Here are the differences between cash accounting clerks' and cash accountants' demographics:

Cash Accounting ClerkCash Accountant
Average age5144
Gender ratioMale, 23.7% Female, 76.3%Male, 31.2% Female, 68.8%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6%Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.8% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between cash accounting clerk and cash accountant duties and responsibilities

Cash accounting clerk example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Complete monthly reconciliations for end of month.
  • Review monthly bank statements, prepare bank reconciliations and post data to balance accounts.
  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Work closely with billing, A/R, A/P to insure timely payments.
  • Verify RGA no credit memo and unmatch checks from AS400 system.
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Cash accountant example responsibilities.

  • Manage complex pricing structure and maintain SalesForce CRM funnel for forecasting accuracy.
  • Download disbursements into PeopleSoft and upload bank files for release.
  • Assist the department in quarterly internal/external audits and SOX compliance audits.
  • Assist auditors by pulling documents for the annual audit to ensure SOX compliance
  • Initiate all electronic fund transfers (same day wires and next day ACH).
  • Generate 1,530 bills monthly through PeopleSoft A/R interfacing with upstream and downstream delivery systems.
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Cash accounting clerk vs cash accountant skills

Common cash accounting clerk skills
  • Cash Handling, 12%
  • Bank Deposits, 10%
  • Cash Management, 10%
  • Check Deposits, 8%
  • Customer Service, 6%
  • Reconciliations, 6%
Common cash accountant skills
  • Reconciliations, 14%
  • Cash Management, 7%
  • General Ledger Accounts, 6%
  • Account Reconciliations, 5%
  • ACH, 5%
  • Data Entry, 5%

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