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Credit clerk vs audit clerk

The differences between credit clerks and audit 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 audit clerk. Additionally, an audit clerk has an average salary of $39,465, 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 audit clerk are reservations, night audit, and debit.

Credit clerk vs audit clerk overview

Credit ClerkAudit Clerk
Yearly salary$32,870$39,465
Hourly rate$15.80$18.97
Growth rate-5%-5%
Number of jobs86,92297,427
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 40%
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 audit clerk do?

An Audit Clerk performs general audits and assessments on its financial activities, ensuring accuracy and timeliness. They gather and analyze data from various offices, check customer and vendor payments and balances, verify tax deductions, and produce and review reports, keeping an eye out for any inconsistencies and irregularities. An Audit Clerk may also reconcile financial records in some companies, verify bank transactions, and process payments. Moreover, they also perform clerical tasks such as preparing documentation, organizing files, and handling calls and correspondence.

Credit clerk vs audit clerk salary

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

Credit ClerkAudit Clerk
Average salary$32,870$39,465
Salary rangeBetween $26,000 And $40,000Between $30,000 And $51,000
Highest paying CitySpringfield, ORBrentwood, NY
Highest paying stateOregonNew Jersey
Best paying companyJBS USAVermont Gas Systems
Best paying industryAutomotiveTransportation

Differences between credit clerk and audit clerk education

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

Credit ClerkAudit Clerk
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 40%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Credit clerk vs audit clerk demographics

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

Credit ClerkAudit Clerk
Average age5151
Gender ratioMale, 14.3% Female, 85.7%Male, 24.5% Female, 75.5%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between credit clerk and audit 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.
  • Show more

Audit clerk example responsibilities.

  • Manage multiple deadlines for numerous payroll divisions and complex division budget reports with accurately and efficiently.
  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Contact members to update information using AS400.
  • Create PowerPoint presentations for all new processes being implement.
  • Work closely with KIVA robotic systems and AS400 tracking systems.
  • Open, sort and batching of incoming mails utilizing Opex machine.
  • Show more

Credit clerk vs audit 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 audit clerk skills
  • Reservations, 23%
  • Night Audit, 16%
  • Debit, 12%
  • Audit Reports, 11%
  • Front Desk, 6%
  • Data Entry, 6%

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