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Finance clerk hiring summary. Here are some key points about hiring finance clerks in the United States:
Here's a step-by-step finance clerk hiring guide:
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.
Before you post your finance clerk job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a finance clerk for hire on a part-time basis or as a contractor.
A finance clerk's background is also an important factor in determining whether they'll be a good fit for the position. For example, finance clerks from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
Here's a comparison of finance clerk salaries for various roles:
| Type of Finance Clerk | Description | Hourly rate |
|---|---|---|
| Finance Clerk | Bookkeeping, accounting, and auditing clerks produce financial records for organizations. They record financial transactions, update statements, and check financial records for accuracy. | $12-26 |
| Bookkeeper | Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work... Show more | $14-25 |
| Accounts Receivable Clerk | An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies... Show more | $13-21 |
Including a salary range in the finance clerk job description is a good way to get more applicants. A finance clerk salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a finance clerk in Arkansas may be lower than in New York, and an entry-level engineer typically earns less than a senior-level finance clerk. Additionally, a finance clerk with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $66,589 | $32 |
| 2 | Massachusetts | $62,210 | $30 |
| 3 | Connecticut | $54,611 | $26 |
| 4 | Virginia | $51,512 | $25 |
| 5 | California | $43,484 | $21 |
| 6 | Pennsylvania | $42,052 | $20 |
| 7 | Kentucky | $41,546 | $20 |
| 8 | Michigan | $39,687 | $19 |
| 9 | Illinois | $39,105 | $19 |
| 10 | Oregon | $37,362 | $18 |
| 11 | Maine | $37,275 | $18 |
| 12 | Colorado | $36,777 | $18 |
| 13 | Texas | $35,379 | $17 |
| 14 | Ohio | $35,358 | $17 |
| 15 | Florida | $35,183 | $17 |
| 16 | Arizona | $34,004 | $16 |
| 17 | Indiana | $33,331 | $16 |
| 18 | Iowa | $32,487 | $16 |
| 19 | Georgia | $32,333 | $16 |
| 20 | Montana | $30,088 | $14 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | United States Courts | $42,109 | $20.24 | 77 |
| 2 | Lincoln Holdings LLC | $41,284 | $19.85 | 4 |
| 3 | Clayton | $39,483 | $18.98 | |
| 4 | Pasco Clerk & Comptroller | $39,483 | $18.98 | 1 |
| 5 | University at Buffalo | $39,322 | $18.90 | 1 |
| 6 | Pacific Architects and Engineers | $39,019 | $18.76 | |
| 7 | Willamette Education Service District | $38,921 | $18.71 | |
| 8 | Minnesota Limited | $38,876 | $18.69 | 5 |
| 9 | Live Nation Entertainment | $38,820 | $18.66 | 8 |
| 10 | Randstad North America, Inc. | $37,832 | $18.19 | 28 |
| 11 | Golden State Foods | $37,796 | $18.17 | 4 |
| 12 | Asbury Automotive Group | $37,717 | $18.13 | 73 |
| 13 | Connecticut Housing Finance Authority | $37,644 | $18.10 | 3 |
| 14 | Robert Half | $37,623 | $18.09 | 1,227 |
| 15 | Addison Group | $37,095 | $17.83 | 26 |
| 16 | Innovacare Health | $37,072 | $17.82 | 5 |
| 17 | LifeWorks | $36,773 | $17.68 | 2 |
| 18 | Air Fayre | $36,687 | $17.64 | |
| 19 | Dynamic Workforce Solutions | $36,582 | $17.59 | 1 |
| 20 | Volt Information Sciences | $36,549 | $17.57 |
A finance clerk job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a finance clerk job description:
To find the right finance clerk for your business, consider trying out a few different recruiting strategies:
Your first interview with finance clerk candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best finance clerk candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
Once that's done, you can draft an onboarding schedule for the new finance clerk. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
There are different types of costs for hiring finance clerks. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new finance clerk employee.
You can expect to pay around $39,225 per year for a finance clerk, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for finance clerks in the US typically range between $12 and $26 an hour.