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Credit clerk vs accountable clerk

The differences between credit clerks and accountable 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 credit clerk and an accountable clerk. Additionally, an accountable clerk has an average salary of $38,120, which is higher than the $32,870 average annual salary of a credit clerk.

The top three skills for a credit clerk include data entry, customer service and customer accounts. The most important skills for an accountable clerk are data entry, financial reports, and purchase orders.

Credit clerk vs accountable clerk overview

Credit ClerkAccountable Clerk
Yearly salary$32,870$38,120
Hourly rate$15.80$18.33
Growth rate-5%-5%
Number of jobs86,92281,209
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 41%
Average age5151
Years of experience66

What does a credit clerk do?

Credit clerks control their company's credit and collection policies and daily procedures. They use the database to improve their organization's collections and maintain records for internal control and compliance. They deal with collecting, investigating, analyzing, and correcting disputed accounts to serve customers better and increase their collection rate. These clerks work with a credit manager to identify which accounts need to be written off for bad debt and solve complex cases that require special collection attention. They sometimes negotiate with customers to discuss the terms of payment for their unpaid balances.

What does an accountable clerk do?

The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget. They mostly process payments and income, ensuring accuracy in every detail and transaction. An accountable clerk may also have clerical tasks such as producing progress reports, answering calls and correspondence, coordinating with various department personnel, and maintaining a database of information. Should there be any issues, it is essential to report to a manager right away.

Credit clerk vs accountable clerk salary

Credit clerks and accountable clerks have different pay scales, as shown below.

Credit ClerkAccountable Clerk
Average salary$32,870$38,120
Salary rangeBetween $26,000 And $40,000Between $29,000 And $49,000
Highest paying CitySpringfield, ORNew Haven, CT
Highest paying stateOregonMassachusetts
Best paying companyJBS USAWayne County, Michigan
Best paying industryAutomotiveGovernment

Differences between credit clerk and accountable clerk education

There are a few differences between a credit clerk and an accountable clerk in terms of educational background:

Credit ClerkAccountable Clerk
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Credit clerk vs accountable clerk demographics

Here are the differences between credit clerks' and accountable clerks' demographics:

Credit ClerkAccountable Clerk
Average age5151
Gender ratioMale, 14.3% Female, 85.7%Male, 19.1% Female, 80.9%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.1% American Indian and Alaska Native, 0.6%Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between credit clerk and accountable clerk duties and responsibilities

Credit clerk example responsibilities.

  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Maintain payroll, attendance records, coordinate group travel arrangements and conference calls.
  • Prepare, check, and maintain various records and payroll reports.
  • Transfer loans from warehouse to permanent investor reports on the CPI systems.
  • Process applications for credit, Microsoft excel, AS400 , 10key by touch, type 45 wpm.
  • Travele to the post office to drop off approve incidents and pick up remittance items from the assigned lockboxes.
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Accountable clerk example responsibilities.

  • Manage the accurate and timely processing of AP invoices for multiple companies.
  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Scan incoming A/P, A/R, bank statements, mail, etc.
  • Review AR aging to ensure compliance.
  • Process, distribute, and maintain AR invoices.
  • Review and handle in-clearing reject items (ACH and checks) and process check adjustments.
  • Show more

Credit clerk vs accountable clerk skills

Common credit clerk skills
  • Data Entry, 13%
  • Customer Service, 12%
  • Customer Accounts, 6%
  • Credit Card Payments, 5%
  • Financial Statements, 5%
  • AS400, 4%
Common accountable clerk skills
  • Data Entry, 11%
  • Financial Reports, 10%
  • Purchase Orders, 8%
  • Customer Service, 8%
  • Process Payroll, 8%
  • Office Equipment, 4%

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