Finance clerk vs audit clerk

The differences between finance 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 finance clerk and an audit clerk. Additionally, an audit clerk has an average salary of $39,465, which is higher than the $39,225 average annual salary of a finance clerk.

The top three skills for a finance clerk include data entry, purchase orders and HR. The most important skills for an audit clerk are reservations, night audit, and debit.

Finance clerk vs audit clerk overview

	Finance Clerk	Audit Clerk
Yearly salary	$39,225	$39,465
Hourly rate	$18.86	$18.97
Growth rate	-5%	-5%
Number of jobs	143,372	97,427
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 44%	Bachelor's Degree, 40%
Average age	51	51
Years of experience	6	6

What does a finance clerk do?

Finance clerks are financial professionals who are responsible for performing various administrative tasks such as keeping financial records, preparing bills, and delivering excellent customer service. These clerks are required to process bills, checks, receipts, and other documents to ensure that they are all properly signed and distributed. They must verify financial and other data so that they can enter those data into the database and maintain updated records. Finance clerks must also assist with account reconciliations and should report the status of accounts and discrepancies to the management.

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.

Finance clerk vs audit clerk salary

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

	Finance Clerk	Audit Clerk
Average salary	$39,225	$39,465
Salary range	Between $27,000 And $56,000	Between $30,000 And $51,000
Highest paying City	New York, NY	Brentwood, NY
Highest paying state	New York	New Jersey
Best paying company	United States Courts	Vermont Gas Systems
Best paying industry	Government	Transportation

Differences between finance clerk and audit clerk education

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

	Finance Clerk	Audit Clerk
Most common degree	Bachelor's Degree, 44%	Bachelor's Degree, 40%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Finance clerk vs audit clerk demographics

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

	Finance Clerk	Audit Clerk
Average age	51	51
Gender ratio	Male, 26.2% Female, 73.8%	Male, 24.5% Female, 75.5%
Race ratio	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%	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 Percentage	7%	7%

Differences between finance clerk and audit clerk duties and responsibilities

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.

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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.

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Finance clerk vs audit clerk skills

Common finance clerk skills

Data Entry, 16%
Purchase Orders, 9%
HR, 5%
Bank Statements, 5%
Bank Deposits, 5%
Credit Card, 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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Updated January 8, 2025

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