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Finance clerk vs cash office clerk

The differences between finance clerks and cash office clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a finance clerk, becoming a cash office clerk takes usually requires 1-2 years. Additionally, a finance clerk has an average salary of $39,225, which is higher than the $29,439 average annual salary of a cash office clerk.

The top three skills for a finance clerk include data entry, purchase orders and HR. The most important skills for a cash office clerk are data entry, bank deposits, and credit card payments.

Finance clerk vs cash office clerk overview

Finance ClerkCash Office Clerk
Yearly salary$39,225$29,439
Hourly rate$18.86$14.15
Growth rate-5%-5%
Number of jobs143,372120,697
Job satisfaction-2
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 31%
Average age5147
Years of experience62

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 a cash office clerk do?

A cash office clerk is primarily in charge of processing cash payments in an office, ensuring accuracy and timeliness. Their responsibilities also include handling check and cash deposits, completing merchandising procedures, monitoring the inventory of supplies, and maintaining accurate records of all cash transactions, producing sales reports for managers regularly. Moreover, a cash office clerk also has clerical support duties such as preparing and processing documents, handling calls and correspondence, organizing files, arranging meetings and schedules, and providing support to managers as necessary.

Finance clerk vs cash office clerk salary

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

Finance ClerkCash Office Clerk
Average salary$39,225$29,439
Salary rangeBetween $27,000 And $56,000Between $23,000 And $37,000
Highest paying CityNew York, NYBoston, MA
Highest paying stateNew YorkHawaii
Best paying companyUnited States CourtsInternal Revenue Service
Best paying industryGovernmentGovernment

Differences between finance clerk and cash office clerk education

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

Finance ClerkCash Office Clerk
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 31%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance clerk vs cash office clerk demographics

Here are the differences between finance clerks' and cash office clerks' demographics:

Finance ClerkCash Office Clerk
Average age5147
Gender ratioMale, 26.2% Female, 73.8%Male, 16.2% Female, 83.8%
Race ratioBlack 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, 10.7% Unknown, 4.4% Hispanic or Latino, 19.6% Asian, 7.5% White, 56.9% American Indian and Alaska Native, 1.0%
LGBT Percentage7%6%

Differences between finance clerk and cash office 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.
  • Show more

Cash office clerk example responsibilities.

  • Use EMR software to manage patient records and files; reinforce and uphold patient confidentiality as required by HIPAA and clinic.
  • Operate POS system for cash, credit, check and money order purchases.
  • Process, analyze and reconcile POS registers
  • Maintain cleanliness of the company warehouse, operate warehouse machinery and organize the warehouse to ensure proper product placement.
  • Count daily out of stocks using the Telxon handheld, and enter the information onto the Safeway intranet for ordering purposes.

Finance clerk vs cash office clerk skills

Common finance clerk skills
  • Data Entry, 16%
  • Purchase Orders, 9%
  • HR, 5%
  • Bank Statements, 5%
  • Bank Deposits, 5%
  • Credit Card, 4%
Common cash office clerk skills
  • Data Entry, 8%
  • Bank Deposits, 7%
  • Credit Card Payments, 7%
  • Cash Handling, 6%
  • Responsive Customer Service, 6%
  • Front End, 6%

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