Financial clerks manage finances for a business or organization. They often work in banks, insurance companies, or other financial organizations and typically work office hours. Primary responsibilities of a financial clerk include, but are not limited to, carrying out financial transactions on behalf of the business, keeping detailed records of financial transactions, and assisting customers wanting to conduct various transactions, such as depositing or withdrawing money.
Financial clerks are expected to have familiarity with computers tracking purchases orders, billing, assess sales and purchase orders, and keeping track of inventory. Finance clerks should be comfortable with working with management, staff and customers, and should be organized, efficient and have a working knowledge of banking and finance as a whole.
The minimum education requirements for a financial clerk are a high school diploma or G.E.D. Some individuals in this field may possess advanced degrees in finance, but that is not necessarily a requirement, as most employers provide training for this role. A finance clerk can expect to make up to $40,000 per year, with no expected increase or decrease in U.S. job growth for this particular role.
There is more than meets the eye when it comes to being a finance clerk. For example, did you know that they make an average of $16.28 an hour? That's $33,856 a year!
Between 2018 and 2028, the career is expected to grow -4% and produce -65,800 job opportunities across the U.S.
There are certain skills that many finance clerks have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, detail oriented and integrity.
When it comes to the most important skills required to be a finance clerk, we found that a lot of resumes listed 13.3% of finance clerks included data entry, while 7.2% of resumes included purchase orders, and 6.5% of resumes included financial statements. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the finance clerk job title. But what industry to start with? Most finance clerks actually find jobs in the education and health care industries.
If you're interested in becoming a finance clerk, one of the first things to consider is how much education you need. We've determined that 39.5% of finance clerks have a bachelor's degree. In terms of higher education levels, we found that 7.0% of finance clerks have master's degrees. Even though some finance clerks have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a finance clerk. When we researched the most common majors for a finance clerk, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on finance clerk resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a finance clerk. In fact, many finance clerk jobs require experience in a role such as administrative assistant. Meanwhile, many finance clerks also have previous career experience in roles such as customer service representative or cashier.