Collateral clerk vs charge bookkeeper

The differences between collateral clerks and charge bookkeepers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a collateral clerk and a charge bookkeeper. Additionally, a charge bookkeeper has an average salary of $46,615, which is higher than the $34,476 average annual salary of a collateral clerk.

The top three skills for a collateral clerk include customer service, data entry and customer accounts. The most important skills for a charge bookkeeper are reconciliations, payroll tax returns, and balance sheet.

Collateral clerk vs charge bookkeeper overview

	Collateral Clerk	Charge Bookkeeper
Yearly salary	$34,476	$46,615
Hourly rate	$16.57	$22.41
Growth rate	-5%	-5%
Number of jobs	66,388	27,542
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 47%
Average age	51	51
Years of experience	6	6

Collateral clerk vs charge bookkeeper salary

Collateral clerks and charge bookkeepers have different pay scales, as shown below.

	Collateral Clerk	Charge Bookkeeper
Average salary	$34,476	$46,615
Salary range	Between $24,000 And $48,000	Between $36,000 And $58,000
Highest paying City	-	Seattle, WA
Highest paying state	-	Alaska
Best paying company	-	The Carney Group
Best paying industry	-	Construction

Differences between collateral clerk and charge bookkeeper education

There are a few differences between a collateral clerk and a charge bookkeeper in terms of educational background:

	Collateral Clerk	Charge Bookkeeper
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 47%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Collateral clerk vs charge bookkeeper demographics

Here are the differences between collateral clerks' and charge bookkeepers' demographics:

	Collateral Clerk	Charge Bookkeeper
Average age	51	51
Gender ratio	Male, 21.2% Female, 78.8%	Male, 13.9% Female, 86.1%
Race ratio	Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.3% Asian, 6.5% White, 67.9% American Indian and Alaska Native, 0.6%	Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.3% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between collateral clerk and charge bookkeeper duties and responsibilities

Collateral clerk example responsibilities.

Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Compile and organize client data for taxation and litigation purposes; reconcile bank statements.

Charge bookkeeper example responsibilities.

Accomplish annual workers comp and business liability audits.
Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
Handle monthly account reconciliations and oversee and are responsible for quarterly financial reporting to company CPA.
Perform a variety of diversify responsibilities including: account management, reconciliations, generating checks, preparing bank deposits.
Handle A/P, A/R, G/L, F/S, P/R, reconcile bank statement and customer relations.
Support internal, external, and SOX audits.

Collateral clerk vs charge bookkeeper skills

Common collateral clerk skills

Customer Service, 29%
Data Entry, 24%
Customer Accounts, 22%
UCC, 14%
Loan Payments, 12%

Common charge bookkeeper skills

Reconciliations, 17%
Payroll Tax Returns, 10%
Balance Sheet, 5%
Fixed Assets, 5%
Excellent Organizational, 5%
General Ledger Accounts, 4%