Deposit clerk vs finance clerk

The differences between deposit clerks and finance 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 deposit clerk and a finance clerk. Additionally, a finance clerk has an average salary of $39,225, which is higher than the $31,146 average annual salary of a deposit clerk.

The top three skills for a deposit clerk include administrative tasks, tax returns and check amounts. The most important skills for a finance clerk are data entry, purchase orders, and HR.

Deposit clerk vs finance clerk overview

	Deposit Clerk	Finance Clerk
Yearly salary	$31,146	$39,225
Hourly rate	$14.97	$18.86
Growth rate	-5%	-5%
Number of jobs	66,434	143,372
Job satisfaction	-	-
Most common degree	High School Diploma, 32%	Bachelor's Degree, 44%
Average age	51	51
Years of experience	6	6

Deposit clerk vs finance clerk salary

Deposit clerks and finance clerks have different pay scales, as shown below.

	Deposit Clerk	Finance Clerk
Average salary	$31,146	$39,225
Salary range	Between $25,000 And $37,000	Between $27,000 And $56,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	United States Courts
Best paying industry	-	Government

Differences between deposit clerk and finance clerk education

There are a few differences between a deposit clerk and a finance clerk in terms of educational background:

	Deposit Clerk	Finance Clerk
Most common degree	High School Diploma, 32%	Bachelor's Degree, 44%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Deposit clerk vs finance clerk demographics

Here are the differences between deposit clerks' and finance clerks' demographics:

	Deposit Clerk	Finance Clerk
Average age	51	51
Gender ratio	Male, 18.6% Female, 81.4%	Male, 26.2% Female, 73.8%
Race ratio	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%	Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between deposit clerk and finance clerk duties and responsibilities

Deposit clerk example responsibilities.

Manage finance operations of assign USPS location.
Comply with IRS rules and guidelines.
Post ATM transactions, debit and credit accounts accordingly.
Balance branch ATM's with frequent telephone interaction with the bank personnel in the same manner as the retail machines.
Researched/Post payments not process by Lockbox and prepare nightly deposits.
Maintain payroll operations by following policies and procedures; reporting need changes and requesting approvals before payrolls are released.

Finance clerk example responsibilities.

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Collaborate with insurance company representatives, case managers and physicians to obtain treatment authorization for potential kidney and kidney/pancreas transplant patients.
Write checks in the QuickBooks software to vendors and to reimburse employees.
Establish customer files in QuickBooks, write and test work instructions for clients, log and close complete files.
Produce PowerPoint presentations in order to brief the command team of the on goings within the company.
Used an automate information system (PeopleSoft) to edit, modify, and verify customers personal and payment information.

Deposit clerk vs finance clerk skills

Common deposit clerk skills

Administrative Tasks, 20%
Tax Returns, 16%
Check Amounts, 13%
IRS, 12%
Treasury, 8%
Credit Card Payments, 6%

Common finance clerk skills

Data Entry, 16%
Purchase Orders, 9%
HR, 5%
Bank Statements, 5%
Bank Deposits, 5%
Credit Card, 4%